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Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.
As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on the origins of the Model S and the future of EV charging.
Shares of Tesla ( TSLA 4.28%) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy. As of 1:11 p.m. ET, the stock was up 4.7% on the news.
U.S. stocks ended higher on Thursday as investors digested a stack of key earnings reports, with upbeat comments from Tesla helping to offset a disappointing forecast from Microsoft .
Tesla plans to roll out affordable EVs in 2025 and launch a robotaxi service, despite a dip in fourth-quarter earnings.
Elon Musk said Austin residents will be able to pay for a fully autonomous Tesla robotaxi ride in June, with an expansion to more US cities planned.
Despite disappointing earnings, Elon Musk doubled down on Tesla’s futuristic ventures like AI, robotics and fully autonomous vehicles.
Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because Tesla CEO Elon Musk announced plans to bring a paid ride-hailing service, powered by Tesla’s recently announced robotaxis,
South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South African Reserve Bank cut its main lending rate for the third time in a row.