Elon Musk might be the richest person in the world now, but he's admitted that his company Tesla came dangerously close to bankruptcy thanks to the launch of just one product.

After keeping silent about the issue for days, Elon Musk has finally acknowledged the launch of the refreshed Model Y. However, Musk's endorsement is definitely lacking in enthusiasm.

Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports.

Tesla's Full Self-Driving technology is now being used to drive the brand's electric vehicles out of the factory and onto the docks.

Tesla Q4 earnings call's high-level weirdness, including the impact Bitcoin had on the bottom line, what it means for stock prices.

NEW YORK (AP) — Sean Duffy, the new transportation secretary, is facing his first major crisis just hours after his swearing-in.

Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.

Shares of Tesla ( TSLA 4.28%) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy. As of 1:11 p.m. ET, the stock was up 4.7% on the news.

Tesla makes its ride-hailing debut with a service starting in June in Austin, where cars will circulate without a driver or supervision.

While the initial testing will use Tesla's own fleet of cars, regular customers may be able to add their cars to the ride-hailing fleet next year, Musk says.

More and more major subreddits have recently banned links to the Twitter (X) platform purchased by Elon Musk – some even banned screenshots. The reason for this is a gesture by Musk – he showed an alleged Hitler salute at US President Trump's swearing-in ceremony.