Tag: Tesla

CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs

Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images ]]> Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today There are generally two ways for a company to increase its profit: increasing sales or cutting… Continue reading CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs

German Manager Magazine: Volkswagen: Herbert Diess is finally leaving VW and retiring004509

A good three years after his departure from the top of VW Herbert Diess (66) is now actually retiring: his contract ends tomorrow, October 24th – this is his 67th birthday – and he will receive retirement benefits from October 25th, a VW spokesman confirmed at the request of the German Press Agency. This ends… Continue reading German Manager Magazine: Volkswagen: Herbert Diess is finally leaving VW and retiring004509

Elon Musk Makes Suspicious Remarks About His Robot Army

During Tesla’s third-quarter earnings call on Wednesday, CEO Elon Musk once again threatened investors that he would walk away if they didn’t agree to award him an astonishing $1 trillion payout. The unprecedented package, which shareholders are set to vote on next month, could make the already richest man in the world the first trillionaire… Continue reading Elon Musk Makes Suspicious Remarks About His Robot Army

Elon Musk says he needs $1 trillion to control Tesla’s ‘robot army’

Transportation Tesla shareholders will decide whether Musk deserves his money, and his robot army, at an upcoming meeting. Tesla shareholders will decide whether Musk deserves his money, and his robot army, at an upcoming meeting. by Andrew J. Hawkins Oct 23, 2025, 3:57 PM UTC Andrew J. Hawkins is transportation editor with 10+ years of… Continue reading Elon Musk says he needs $1 trillion to control Tesla’s ‘robot army’

Tesla gambles that introducing new models no longer matters

By Chris Kirkham (Reuters) –Tesla’s groundbreaking 2017 Model 3 electric sedan, followed by a taller Model Y variant, ushered in the era of mass-market electric cars, made Tesla the world’s most valuable automaker and CEO Elon Musk the world’s richest man. But years later, Tesla’s stalling car business remains almost entirely dependent on that one… Continue reading Tesla gambles that introducing new models no longer matters

Tesla’s big gamble that introducing new models no longer matters

By Chris Kirkham (Reuters) –Tesla’s groundbreaking 2017 Model 3 electric sedan, followed by a taller Model Y variant, ushered in the era of mass-market electric cars, made Tesla the world’s most valuable automaker and CEO Elon Musk the world’s richest man. But years later, Tesla’s stalling car business remains almost entirely dependent on that one… Continue reading Tesla’s big gamble that introducing new models no longer matters

German Manager Magazine: Tesla profit collapses despite record sales004505

Tesla sold more cars in the last quarter than ever before – and still suffered the next drop in profits. The one from Elon Musk (54) guided Electric car-Manufacturer earned a good 1.37 billion dollars, which was 37 percent less than a year earlier. The trigger for the sales record was the final spurt at… Continue reading German Manager Magazine: Tesla profit collapses despite record sales004505