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Swedish EV battery maker founded by two ex-Tesla executives files for bankruptcy
Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.
Published on Mar 13, 2025 04:11 PM IST
Elon Musk ‘Can’t be counted on to act as a father', says Ashley St Clair's rep
A representative for Ashley St. Clair has claimed that Elon Musk is an absent father who avoids communication.
Published on Feb 26, 2025 12:37 PM IST
Samarth Goyal
Nvidia could be world's most valuable company soon, unseating Apple
Nvidia shares reached a record high, nearing Apple's market value. Investors are optimistic about Nvidia's AI processors, driving stock up 2.4% to $138.07.
Published on Oct 15, 2024 08:15 AM IST
Jensen Huang's Nvidia loses record $279 billion in market value. Here's why
Nvidia shares fell 9.5%, the largest single-day market value loss for a US company. The decline of $279 billion indicates rising investor caution about AI.
Updated on Sep 04, 2024 08:37 AM IST
Tesla seeks 'smooth permissions' for local data centres in China, says Elon Musk
Tesla accelerates self-driving system development in China with local data centre plans, potentially boosting revenue amid competition from Chinese rivals.
Published on May 17, 2024 01:30 PM IST
Reuters | | Posted by Tuhin Das Mahapatra
Tesla layoffs: Elon Musk's company to cut more than 10% of its global workforce
Tesla layoffs: Elon Musk said that job cuts will take place due to “duplication of roles and job functions in certain areas”.
Updated on Apr 16, 2024 07:15 AM IST
Elon Musk overcommitted, hurting EV maker Tesla, say investors
The 17 shareholders, who hold more than $1.5 billion of Tesla stock, said Musk is distracted by his commitments to other companies.
Published on Apr 21, 2023 05:20 PM IST
Bloomberg |