LOS ANGELES: SpaceX CEO Elon Musk announced on Sunday that the company is shifting its primary focus to building a “self-growing city” on the Moon, potentially achievable within the next decade. While Mars colonization remains a long-term goal, Musk emphasized on X that “the overriding priority is securing the future of civilisation and the Moon […]
TESLA
Tesla’s Optimus robot blurs line between human and machine
Tesla’s decision to phase out production of its Model S and Model X vehicles in favour of manufacturing up to one million Optimus humanoid robots annually at its Fremont factory has sparked intense debate, but industry observers say the real surprise lies not in the shift itself, but in how closely the robots may resemble […]
Tesla to invest $20 billion in Cybercab, Optimus robots, and new ventures
Tesla has announced plans to invest a record $20 billion in 2026, more than doubling last year’s capital expenditure, as the company pivots from traditional electric vehicle sales to futuristic projects, including fully autonomous vehicles and humanoid robots. Read More: Tesla model Y fails school bus safety test, hits child-sized dummies CEO Elon Musk confirmed that […]
Tesla removes Autopilot from entry-level US models
Tesla has removed its Autopilot feature as a standard offering for new Model Y and Model 3 vehicles in the United States, a move widely seen as part of CEO Elon Musk’s strategy to push customers toward the company’s Full Self-Driving (FSD) subscription service. Read More: Tesla’s governance autopilot heads for disaster According to Tesla’s official website, new […]
Self-driving cars steal spotlight at Las Vegas CES
LAS VEGAS: Sleek electric cars powered by artificial intelligence dominated the Consumer Electronics Show (CES) 2026, highlighting advances in Self-driving cars and promising a future where humans may no longer need to steer. Companies showcased vehicles capable of Level 4 autonomy, where the car drives itself and responsibility lies with the machine, not the passenger. […]
BYD overtakes Tesla as world’s top electric vehicle maker
China’s BYD has overtaken Tesla to become the world’s top electric vehicle maker, as the US automaker recorded a second consecutive year of declining annual sales. Intensifying competition, the expiration of US tax incentives, and pressure on Tesla’s brand weighed on demand. Global electric vehicle sales rose about 28% last year, creating room for rivals […]
BYD set to overtake Tesla in global EV sales
SHENZHEN: China’s electric vehicle giant BYD is on track to surpass Tesla as the world’s largest EV seller in 2025, marking a major shift in the global auto industry as competition intensifies and market dynamics change. Read More: Chinese giant BYD partners with HUBCO to introduce EVs in Pakistan Both companies are expected to release their final […]
Elon Musk becomes first person worth over $600 billion
Elon Musk has reached an unprecedented financial milestone, becoming the first person in history to amass a net worth exceeding $600 billion. The Tesla and SpaceX chief’s fortune surged following a dramatic revaluation of his aerospace company. Read More: Elon Musk calls for EU to be dismantled after $140 million fine According to Forbes, Musk’s net […]
Elon Musk wins approval for record $1 trillion Tesla pay package
SAN FRANCISCO — Tesla CEO Elon Musk secured shareholder approval on Thursday for what is being called the largest corporate pay package in history, valued at up to $1 trillion in stock over the next decade. The vote, which passed with more than 75% support, took place at the company’s annual meeting in Austin, Texas, […]
Elon Musk Tesla Pay Plan Faces Showdown
Tesla Chair Robyn Denholm warned that Elon Musk Tesla pay plan rejection could lead the billionaire CEO to leave the company. In a letter to shareholders, she said Musk’s proposed $1 trillion performance-based package is vital to keeping him at Tesla. The warning comes ahead of the company’s annual meeting on November 6. Denholm explained […]