VENTURE CAPITAL POST

Tesla's Autopilot driving system raises safety concerns after a tragic car crash near Seattle that hit and killed a motorcyclist.

Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.

A Tesla shareholder who successfully challenged CEO Elon Musk's massive pay package is seeking court intervention again to prevent the company from evading a Delaware court ruling.

Elon Musk is undeterred by weak quarterly earnings and, instead, promises to invent self-driving technology, sentient robots, and Robotaxis, which will increase Tesla stock in return.

The law allows landowners near large cities to request exemption from city environmental regulations.

Tesla is shifting its focus to the Robotaxi initiative amidst stock declines and internal changes, raising concerns among investors about the company's future direction.

Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.

The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.

Tesla is recalling over 3,000 2024 Cybertrucks produced between Nov 13, 2023 - Apr 4, 2024 due to a potentially faulty pedal mechanism that may cause unintended acceleration, with Tesla committing to free repairs or replacements of affected parts.

Tesla has allocated approximately $200,000 towards advertising on Elon Musk's social media platform, X.

Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.

Tesla Inc.'s market value plummets below $500 billion from $1 trillion as shares continue to decline in 2024. This decline was further worsened by job cuts announced by Elon Musk.

Two Tesla executives, Drew Baglino and Rohan Patel, are stepping down from their posts after the company announced steep layoffs.

Elon Musk's announcement of layoffs exceeding 10% of Tesla's workforce led to a 1.20% decline in the company's stock during premarket trading, with investors expressing concerns over the decision's impact on the company's stability and future.

Elon Musk dropped Tesla FSD's price to $99 per month after the EV maker offered free one-month trial.