Elon Musk's Team Installs Starlink Satellite Equipment At Key Federal Agency: Report

Benzinga27minutes ago

An internal report from Tesla has been leaked: the star project Cybercab has unexpectedly faced collective opposition from executives.

① Insider sources indicated that Musk decided to abandon the production of the budget model priced at 0.025 million dollars at the beginning of 2024, shifting focus to the robot taxi project; ② Tesla executives previously sensed that the commercial prospects for robot taxis were not optimistic, with slow returns and significant impacts from regulatory environments, but Musk insisted on pushing forward; ③ Industry insiders believe that Musk's decision is not wise, which may be the reason for the talent loss at the company last year.

cls.cn12:31

Top 5 Trending Stocks: Palantir, Hertz, Netflix, Prologis, Tesla

Benzinga11:29

The anti-Musk sentiment is rising! Tesla has lost its foothold in California: the market share of electric vehicles has fallen below 50%.

In the USA's electric vehicle hub, California, with the rising "anti-Musk" sentiment, Tesla's sales in the state have sharply declined, losing its dominant position in the electric vehicle market; according to the latest data released, Tesla's registrations in California fell by 15.1% compared to the same period last year, with its market share in the state's electric vehicle market dropping from 55.5% last year to 43.9%.

cls.cn10:10

Futu Morning Report | First look before action denies market rescue! Powell's "hawkish stance" heavily impacts the market; is there a much-needed placebo for the U.S. stock market? Since April, company insiders have been "scooping up" their own Stocks.

In the month before the U.S. treasury storm, the holdings of U.S. treasuries by foreign debt holders reached the largest increase since June 2021, with Canada and Japan being the leading countries in net purchases for that month.

Futu News08:08

Time 100 Most Influential People Includes Elon Musk, Mark Zuckerberg, Alex Karp And More Public Company CEOs

Benzinga07:22