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Musk's transactions occurred between August 5 and August 9, the US Securities and Exchange Commission filings revealed

Elon Musk sells nearly $7 billion worth Tesla shares amid Twitter uncertainty

PGurus Newsdesk - August 10, 2022 1

Musk sells 7.92 million Tesla shares. What’s going on? Elon Musk, owner of the electric vehicle company Tesla has sold 7.92 million shares of the...

Musk reiterated the growth of Tesla's advanced driver assistance system called full self-driving (FSD) beta

Elon Musk says Tesla will build 10-12 gigafactories in years to come

PGurus Newsdesk - August 5, 2022 0

Tesla CEO said that the company aims to hit a 2 million car run rate by the end of this year The tech giant SpaceX’s...

As recently as last week, Musk had outlined plans to cut 10 per cent of salaried staff, but said he would be increasing hourly jobs

Elon Musk owned Tesla lays off nearly 200 Autopilot workers in California: Report

PGurus Newsdesk - June 29, 2022 0

Tesla lays off workers who only just started and withdraws employment offers Tech giant owned by Elon Musk, Tesla has reportedly shown exit door to...

Recently, Musk had noted that his electric vehicle company would be reducing its salaried headcount by 10 percent as the company has become overstaffed in some areas

Tesla may save up to $1 billion yearly operational costs post job cut says...

PGurus Newsdesk - June 8, 2022 1

Tesla to reduce salaried headcount by 10 percent, sees overstaffed in many areas While tech billionaire Elon Musk recently said that Tesla would be reducing...

Elon Musk drops Tesla loans from $44 billion Twitter takeover

PGurus Newsdesk - May 26, 2022 0

Elon Musk won't take loan against Tesla shares to buy Twitter The tech giant, Tesla owner Elon Musk has committed to providing an additional $6.25...

Despite having over $12 billion lopped off his net worth, Musk still stands as the world's richest person with $210 billion to his name

Elon Musk’s net worth shrink by $12 billion as Tesla stock tumbles

PGurus Newsdesk - May 20, 2022 0

Tesla shares down 28% since Musk launched bid to buy Twitter Tech billionaire Elon Musk recently saw over $12 billion wiped off his net worth...

Toyota's announcements came as Shanghai is in its sixth week of an intensifying lockdown that has made it increasingly difficult for manufacturers to operate

After Tesla now Toyota cuts production due to Covid lockdown in Shanghai

PGurus Newsdesk - May 12, 2022 0

Toyota to slash production plan, suspend operations due to Covid lockdown in China As per media reports, Toyota Motor Corp has announced that it will...

The former Tesla engineer confessed to having downloaded confidential information

Tesla sues former employee for stealing company secrets about Project ‘Dojo’

PGurus Newsdesk - May 8, 2022 1

Tesla accuses engineer Alexander Yatskov of stealing supercomputer secrets Tesla Inc has sued former engineer Alexander Yatskov for allegedly stealing “confidential and tightly guarded” information...

Tesla Board meaningfully vetted the acquisition, and Elon did not stand in its way

Elon Musk wins shareholder lawsuit over Tesla’s $2.6 billion SolarCity acquisition

PGurus Newsdesk - April 28, 2022 0

Elon Musk defeats investor claims that Tesla’s SolarCity deal was improper Tesla CEO Elon Musk has won a hefty lawsuit brought by Tesla shareholders, which...