Anan Ashraf

Chinese EV maker and Tesla Inc. rival XPeng XPEV will reportedly hire over 6,000 workers in the coming year. What Happened: XPeng will hire more than 6,000 workers in 2025 in light of the increased competition expected next year, Reuters […]

EV giant Tesla Inc. TSLA said on Tuesday that its megapack factory in Shanghai has started trial production before formally starting mass production early next year. What Happened: The Tesla Shanghai megafactory is the company’s first factory dedicated to the

The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they

EV giant Tesla Inc. TSLA said on Saturday that the company will reduce benefits as part of its referral program in North America starting next year. What Happened: “Current Referral Program benefits are valid through Dec 31 as well (will

Tesla Inc. TSLA CEO Elon Musk on Sunday dismissed the chances of his EV company putting up a factory in the UK, saying that few companies would be willing to invest in the country under the current Labour Party-led administration.

Elon Musk‘s rocket manufacturing company SpaceX resumed launch activities over the weekend after Christmas, bringing the total number of launches so far this year to 133. What Happened: SpaceX’s Falcon 9 launched 22 Starlink satellites to low-Earth orbit from California

Nine U.S. telecom firms have been hacked as part of a Chinese-linked hacking campaign dubbed Salt Typhoon as of Friday, top White House official Anne Neuberger said. What Happened: Earlier this month, the Biden administration said that at least eight

The world’s richest man Elon Musk earlier this week admitted to using the weight loss drug Mounjaro. What Happened: Musk on Christmas posted a picture of himself donning the Santa Claus costume with the caption “Ozempic Santa.” The billionaire later

U.S. Treasury Secretary Janet L Yellen reportedly said on Friday that the government has less than three weeks to raise its debt limit. What Happened: Unless the government raises its debt limit, it will need to take  “extraordinary measures” to

EV giant Tesla Inc. TSLA is now offering free lifetime supercharging on the purchase of foundation series Cybertrucks from its inventory in a bid to make it more enticing to potential buyers. What Happened: Under the limited-period offer, customers who