ISLAMABAD — America’s industries — from Tesla and Ford to Lockheed Martin and Raytheon — depend on three key materials: Neodymium (Nd), Praseodymium (Pr), and Dysprosium (Dy). These rare earth elements are used in electric vehicles, fighter jets, and advanced weapons systems. Pakistan has them — in areas such as Loe Shilman, Swat, Dir, Buner, […]
TESLA
Tesla’s robotaxi launch to include human safety monitors, not fully driverless
Tesla will launch its highly anticipated robotaxi service on June 22, but rides won’t be fully driverless as Elon Musk promised. Instead, each trip will have a human “safety monitor” sitting in the front passenger seat. This marks a change from Musk’s earlier claim that no one would be in the car during rides. Invitations […]
Trump blocks tesla’s manufacturing plant in India, citing unfairness to US
US President Donald Trump stopped Elon Musk’s Tesla from building a manufacturing plant in India. India’s Heavy Industries Minister, H.D. Kumaraswamy, announced Tesla’s lack of interest in local manufacturing during a press conference. Tesla will only operate showrooms in India and will not invest in a factory or production plant. Kumaraswamy shared details about India’s […]
Tesla profits crash 71% in Q1 2025, miss estimates by $1.8 billion
Tesla reported a 71% drop in net income for Q1 2025, marking a major financial setback. The company earned $409 million, down from $1.39 billion in the same period last year. Its total revenue fell 9.4% to $21.3 billion, missing Wall Street expectations by $1.8 billion. Vehicle deliveries also declined. Model 3 and Model Y […]
Tesla delays affordable EV launch, stirring market concerns
Tesla has postponed the launch of its affordable electric vehicle in the US. This delay represents a major setback for the company, which aims to increase sales and market share. Originally, Tesla planned to start production of the lower-cost Model Y SUV, codenamed E41, in the first half of 2025. However, sources now suggest production […]
Tesla logo sparks controversy over KKK resemblance amid Kanye West debate
A new viral meme has caused a stir surrounding Tesla, with users claiming the electric carmaker’s logo resembles a Ku Klux Klan (KKK) hood when flipped upside down. Originally designed to represent a cross-section of an electric motor, the stylized ‘T’ emblem sparked outrage and debate on social media. The controversy ignited after a TikTok […]
Elon Musk’s Tesla set to make a mark in Saudi Arabia
Tesla is set to launch its operations in Saudi Arabia next month, with an event scheduled for April 10 in Riyadh. This move marks the electric vehicle (EV) brand’s entry into the Gulf region’s largest market, where it has not been available previously. Tesla has already been selling its cars in other Middle Eastern countries, […]
Tesla in trouble? Stock falls 15% amid growing uncertainty
Tesla shares plunged over 15%, wiping out all the gains made after the U.S. presidential election. The sharp decline came after an analyst lowered the company’s delivery forecast, sparking investor concerns. This drop put further pressure on the stock, which has already been experiencing a downward trend in recent weeks. The sell-off highlights growing worries […]
Elon Musk’s fortune takes $111 billion hit, still world’s richest person
Elon Musk’s fortune has dropped by a staggering $111 billion, yet he remains the world’s richest person. Despite a sharp decline in Tesla’s stock price, Musk continues to surpass Bill Gates’ entire net worth. His current wealth stands at $353.2 billion, according to Forbes’ real-time estimates. Tesla’s stock has plummeted over 40% from its peak, […]
Tesla’s governance autopilot heads for disaster
NEW YORK, May 17 (Reuters Breakingviews) – Portraying a CEO as a father figure is one way to tell there’s a lack of judicious oversight. Backing the company’s board despite obvious shortcomings is another. Tesla shareholders did both on Tuesday, with one of them playing the part of boss Elon Musk’s “son,” a robot the electric-car maker […]