Tesla

Elon Musk will discuss $5 billion xAI investment with Tesla board

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ELon Musk will discuss $5 billion xAI investment with Tesla board

Elon Musk recently announced his intention to discuss a potential $5 billion investment in his AI startup, xAI, with Tesla’s board. This proposal has generated significant interest and discussion due to the potential implications for both Tesla and xAI.   Elon Musk announced his intention to discuss the potential $5 billion investment in xAI with Tesla’s Read more: Elon Musk will discuss $5 billion xAI investment with Tesla board..

China’s BYD increased its EV market lead over Tesla in Singapore

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China's BYD increased its EV market lead over Tesla in Singapore

China’s BYD has significantly increased its lead over Tesla in the electric vehicle (EV) market in Singapore during the first half of 2022, government data showed. BYD’s EV sales in Singapore surged by 83% in the first half of 2024 compared to the entire year of 2023, reaching 2,587 units. In contrast, Tesla only sold Read more: China’s BYD increased its EV market lead over Tesla in Singapore..

Tesla Stock to Sell downgraded by UBS, also ABB India and L&T to Neutral

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Tesla Stock to Sell downgraded by UBS, also ABB India and L&T to Neutral

US Stock Market: Tesla Stock is downgraded by Union Bank of Switzerland (UBS). UBS downgrade Tesla stock rating to “Sell” from “Neutral”, citing concerns that the recent rally driven by AI enthusiasm might be overblown. UBS has also downgraded  ABB India and Larsen & Toubro. UBS, like other investment banks, regularly updates stock ratings based Read more: Tesla Stock to Sell downgraded by UBS, also ABB India and L&T to Neutral..