• July 21, 2023
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Elon Musk, Tesla Latest News

Elon Musk, Tesla latest news Tesla delivered 466,140 vehicles in the second quarter, Tesla completed its first Cybertruck after years…

 Elon Musk, Tesla Latest News

Elon Musk, Tesla latest news

Tesla delivered 466,140 vehicles in the second quarter, Tesla completed its first Cybertruck after years of delays, Elon Musk’s wealth slumped $18.4 billion to $238.4 billion as Tesla shares declined on Thursday.

Tesla, the electric car company founded by Elon Musk, has been making headlines in the past few days for various reasons. Here are some of the latest news and FAQs about Tesla as of 21st july 2023.

Elon Musk, Tesla latest news

– Tesla reported its second-quarter earnings on Wednesday, showing a record revenue of $24.93 billion, but lower margins due to price cuts and incentives. The company also said it is focused on being at the forefront of AI development and has started production of its Dojo training computers. However, Tesla shares dipped after hours as the earnings call disappointed investors who expected more clarity on the Cybertruck and robotaxi timelines.

– Tesla delivered 466,140 vehicles in the second quarter, beating analysts’ forecasts and maintaining its lead in the global EV market. The company also surprised analysts by expanding its sales in China and Europe, where it faced competition from local rivals. Tesla’s Model Y SUV was the world’s bestselling car in the quarter.

– Tesla completed its first Cybertruck after years of delays. The futuristic-looking electric pickup truck was first announced by Musk in 2019 at an event that went viral when the vehicle’s designer cracked the truck’s purportedly bulletproof windows. Musk said the Cybertruck will start deliveries in late 2023 or early 2024.

– Elon Musk’s wealth slumped $18.4 billion to $238.4 billion as Tesla shares declined on Thursday. Musk is still the world’s richest person, but his net worth dropped by 7.16% in one day. He is followed by Bernard Arnault, the CEO of LVMH, who has a net worth of $235.2 billion.

– Elon Musk is considering India for a new Tesla factory. Musk said he will finalise the location of a new factory by the end of 2023 and that India is absolutely on his list. Tesla has already registered a subsidiary in India and is expected to start selling its cars in the country soon.

FAQs:

What is Tesla’s mission statement?

Tesla’s mission statement is “to accelerate the world’s transition to sustainable energy.”

How can I buy Tesla shares?

You can buy Tesla shares through a brokerage account or a trading platform that offers access to US stocks. You will need to provide some personal and financial information to open an account and fund it with your preferred currency.

What are the benefits of owning a Tesla car?

Some of the benefits of owning a Tesla car are:

– You can save money on fuel and maintenance costs, as electric cars are cheaper to run and require less servicing than gas-powered cars.

– You can enjoy a smooth and quiet ride, as electric motors produce less noise and vibration than internal combustion engines.

– You can access Tesla’s network of Superchargers, which can charge your car up to 80% in about 30 minutes.

– You can use Tesla’s Autopilot system, which can assist you with steering, braking, lane changing, parking and more.

– You can support Tesla’s vision of creating a cleaner and greener future for the planet.

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