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Tesla Cybertruck Breaks New Ground with Innovative Design | Giga Gears

Things aren’t going well at Tesla. The stock is currently down more than 40 percent year-to-date, analysts expect the Texas-based automaker to announce a 40 percent drop in profits, more than 20,000 people are expected to lose their jobs, and Tesla’s flagship product, the Cybertruck, is already on its second recall,…

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Tesla Launches Website to Boost Elon Musk’s Wealth by $55 Billion | Giga Gears

Elon Musk is filthy, stinking rich. Despite Tesla’s current troubles resulting in his net worth tumbling a few billion, he’s still the third richest person on the planet. Apparently that wealth isn’t enough for him or Tesla. Now, the company actually created a website to convince shareholders that their part-time CEO…

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Tesla Investors Angry at Elon Musk for Part-Time CEO Role

Tesla investors are getting tired of Elon Musk’s antics (just like would-be buyers), and they are not a fan of another record payday for the CEO if he continues to be a “part-time” CEO. Shareholders are soon expected to vote on a new compensation deal for Musk at this year’s annual meeting after a Delaware court…

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Free Month of Full Self-Driving from Tesla for Trusting Fools | Giga Gears

Tesla is now going to offer U.S. customers a one-month free trial of its Full Self-Driving beta driver-assist system, according to a post on X from company CEO Elon Musk. The move comes as demand for electric vehicles softens and a price war among EV makers rages on. Both factors have hurt Tesla’s sales and margins.

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“March 16, 2024 Weekend Car Deals | Giga Gears”

There’s a fine line between driving a sleeper and insanity. This matte black monster of a 2020 Audi RS6 Avant is more than a few toes over that line, delivering 1,100 horsepower of all-wheel drive with fire-spitting big-turbo fury. The turbos are so frickin’ big that they pop right out of the hood, and the exhaust…

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