Tesla has long had a tight grip on electric vehicle sales, accounting for nearly 80% of electric vehicles sold in 2020. But the California-based company faces increased competition, as automakers and startups are spending billions to catch up, focusing on localized production of battery cells to meet demand. Tesla continues to dominate the small sector, …
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Elon Musk could make history once again if he chooses to sell his Tesla stock, which could bring his tax bill to an estimated $12 billion in 2021. On Sunday night, Musk shared a Twitter post informing his followers that he would be facing a massive tax bill ahead of the new year. “For those wondering, …
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A woman has accused Tesla of contributing to an environment where sexual harassment was “rampant” at its factory in Fremont, California, in a new lawsuit. In an interview with The Washington Post, worker Jessica Barraza accused the company of allowing the situation to unfold. The lawsuit states the Tesla factory “resembles a . . . frat house.” Barraza is reportedly on …
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Tesla CEO Elon Musk on Sunday reignited his feud with Sen Bernie Sanders, I-Vt., after Sanders shared a tweet calling for the wealthy to pay their “fair share” in taxes. “We must demand that the extremely wealthy pay their fair share. Period,” Sanders wrote on Twitter a day before Musk’s tweet. On Sunday morning, Musk replied …
