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January 22, 2025

The Pakistan Daily

Tesla Truck seen on Pakistani roads, sparks debate on social media

A video of a vehicle resembling the Tesla Cybertruck driving on the streets of Pakistan has taken social media by storm, leaving viewers both stunned and curious. The footage shows a truck that closely resembles the futuristic Tesla design, prompting many users to question whether this is a genuine Tesla vehicle or a locally modified imitation. Upon closer inspection, it was revealed that the vehicle is not an authentic Tesla Cybertruck but rather a locally modified model designed to closely mimic the iconic electric truck. The modifications make it difficult for viewers to distinguish between the real and the replica

January 1, 2025

News Desk

Elon Musk was shocked after the explosions in the Tesla Cybertruck outside the Trump Hotel

The remains of a covered Tesla Cybertruck, which burned at the entrance to Trump Tower, stand behind yellow tape, in Las Vegas, Nevada, U.S., January 1, 2025. — Reuters A Tesla Cybertruck exploded outside the Trump Hotel in Las Vegas on Wednesday, killing one person and injuring several others, leaving Tesla CEO Elon Musk upset he said it never happened. Las Vegas Metropolitan Police Sheriff Kevin McMahill said at a news conference that one person was found dead inside the 2024 model year Cybertruck and seven people suffered minor injuries in the explosion. Elon Musk, Tesla’s CEO, said the electric

December 3, 2024

News Desk

Delaware judge rejects Elon Musk’s $56 billion Tesla payment — again

Tesla CEO and X owner Elon Musk listens as U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency Hotel in Washington, DC, U.S. November 13, 2024. — Reuters A Delaware judge ruled Monday that Tesla CEO Elon Musk is still not eligible for a $56 billion severance package, despite the electric vehicle company’s shareholders voting in June to reinstate him. The decision by the judge, Chancellor of the Exchequer Kathaleen McCormick, follows her ruling in January that called the pay package excessive and struck it down, surprising investors and casting doubt on Musk’s future

September 3, 2024

News Desk

Tech market values ​​fall on artificial intelligence costs and recession fears

Listen to the article The market values ​​of major tech companies fell sharply in August amid growing concerns about rising costs associated with artificial intelligence infrastructure and fears of an impending recession. The combined effect of these factors has heightened vulnerabilities for tech stocks, particularly as investors prepare for possible market corrections. Alphabet Inc. saw a 4.7% decline in its market value last month. That decline was largely attributed to a slowdown in YouTube’s ad revenue, which cast doubt on the company’s future earnings. In addition, a recent US judge’s ruling found Google in violation of antitrust laws, further exacerbated

August 31, 2024

News Desk

Tesla, Elon Musk acquitted in $258 billion Dogecoin lawsuit

Billionaire Elon Musk and his electric vehicle company Tesla were cleared on Friday in a $258 billion Dogecoin class action lawsuit. The lawsuit, filed in 2022, alleged that Musk’s comments on Twitter, now known as X and owned by Musk, manipulated the price of Dogecoin and harmed cryptocurrency investors. Investors claimed that Musk’s statements, including that Dogecoin could be his favorite currency, the people’s crypto and the future currency of the Earth, were misleading. They also reported claims that Dogecoin may become the standard for the global financial system and internet currency, that Musk put a literal Dogecoin in SpaceX

July 24, 2024

News Desk

Tesla halts plans for giant factories in Mexico due to Trump’s tariff threats

Elon Musk (R) is endorsing Donald Trump in the 2024 presidential election. — AFP/File During an earnings call Tuesday, CEO Elon Musk announced that the company’s plan to build a new factory in Mexico is on hold until after the U.S. presidential election. That’s because former President Trump promised to impose taxes on cars made in Mexico. “We are currently on hiatus at Giga Mexico,” Musk replied. “I think we have to see where things are after the election.” “Trump has said he’s going to impose heavy tariffs on vehicles made in Mexico, so it doesn’t make sense to invest

May 3, 2024

News Desk

Tesla sues Tesla but there’s a twist

Indian company uses Tesla Power brand, angers Elon Musk. — Reuters Tech billionaire and Tesla CEO Elon Musk hit out at a battery maker in India on Friday that was using the carmaker’s name for its marketing purposes. The Indian company was under the brand name Tesla Power and the case has been filed in New Delhi Reuters. During the hearing in the Indian capital, the Texas-based electric vehicle maker said the Indian company continued to advertise its products under the “Tesla Power” brand despite a cease and desist notice sent in April 2022, according to the proceedings published on

April 30, 2024

News Desk

India ‘shocked’ as Musk’s surprise visit to China rejects them

NEW DELHI: Elon Musk’s surprise visit to China this week won concessions for Tesla ( TSLA.O ) but left India feeling rejected after he canceled a planned trip there earlier this month, with Indian commentators calling the move injustice. India’s pained response underscores the growing rivalry between India and China, Asia’s two largest countries by population and among the region’s most dynamic economies. Business and diplomatic relations between them have been strained since the 2020 border clash that left 20 Indian and four Chinese soldiers dead. Musk was due to meet with Modi last week and announce an investment of

April 28, 2024

News Desk

Elon Musk visits China as Tesla pursues development of self-driving technology

SHANGHAI/BEIJING: Tesla ( TSLA.O ) Chief Executive Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he is expected to meet senior executives to discuss the development of Full Self-Driving software and permission to transfer data abroad, according to a knowledgeable person. of the subject. Chinese state media reported that he met Premier Li Qiang in Beijing, during which Li told Musk that Tesla’s development in China could be seen as a successful example of US-China economic and trade cooperation. The American electric vehicle maker released Full Self-Driving, or FSD, the most autonomous version of its Autopilot

April 24, 2024

News Desk

The changes to Elon Musk’s Tesla plan to introduce cheaper electric cars

Tesla unveils new models as profits fall — Reuters/File Elon Musk’s Tesla recently announced plans to introduce cheaper electric vehicles (EVs) to be built on its current production lines. Electrek mentionted. The company is actively working on its “next-generation vehicle platform” that is expected to enable a new manufacturing process called “unboxed,” which is likely to lower the cost of electric vehicles. Tesla has previously talked about two upcoming vehicles on the platform that include a model cheaper and smaller than the Model 3, often referred to as the “$25,000 Tesla” or “Model 2.” In addition, the EV maker is

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