Chinese electric car maker BYD has mentioned annual sales for 2024 that have leapfrogged rival Tesla.The Shenzhen-based firm says revenue rose by 29% to 777 billion yuan ($107bn; £83bn), boosted by sales of its hybrid vehicles. This topped the $97.7bn stated with the aid of Elon Musk’s Tesla. BYD has also just released a lower-priced […]
Chinese electric carmaker BYD sales beat Tesla Read More »
According to a filing on Thursday, Elon Musk received a court summons last week in connection with the SEC case on his alleged failure to reveal the purchase of Twitter stock in 2022 before bidding to buy the company. The filing stated that a process server gave civil summons to Kasturi at the headquarters of
There may be some resistance. Not only is Elon Musk’s Chensaw slicing through bureaucracy, but it is also the first indication that it can eventually seriously damage the political situation of President Donald Trump and his Maga colleagues. As a result of the growing court defeat of the administration, Republicans increased political risks and consecrated
A nascent backlash against Musk sharpens risk for Trump and GOP Read More »