Tesla Enters Indian Market Amid Global Sales Slump and Market Challenges
Tesla makes a strategic move into India's growing EV market with showroom openings in Mumbai and Delhi, while facing significant sales declines in established markets. The expansion comes with challenges including pricing concerns and infrastructure limitations, though reduced import duties and limited Chinese competition present opportunities.
Tesla Faces Record Trade-ins as Brand Value and Market Share Decline
Tesla experiences unprecedented trade-ins to other brands amid falling sales, stock price, and brand value. Recent data shows mounting challenges for the EV maker as competition intensifies and consumer loyalty shifts in the evolving electric vehicle market.
Tesla Banned from Vancouver Auto Show Following Security and Political Tensions
Tesla has been removed from the Vancouver International Auto Show due to safety concerns amid growing protests and political tensions surrounding Elon Musk's controversial statements. The decision comes alongside mounting public backlash and the province's withdrawal of charging station rebates.
Tesla's Global Sales Plummet Amid Growing Competition and Brand Challenges
Tesla faces severe sales declines across major markets in early 2025, with registrations dropping over 60% in key European countries and double-digit declines in China and California. Growing competition, reduced subsidies, and CEO Elon Musk's political activities are cited as key factors impacting the EV leader's market position.
X Doubles Premium+ Subscription Cost Following Grok 3 AI Launch
X has dramatically increased its Premium+ subscription to $50 monthly following the release of xAI's Grok 3 AI model. The price hike coincides with expanded AI features for Premium+ users, though some advanced functions will require an additional SuperGrok subscription.
Apple Returns to X Platform Advertising After Year-Long Hiatus
Apple has resumed advertising on X, marking a significant shift after suspending ads in 2023. The move comes as X faces declining ad revenue but coincides with Apple's planned 2025 product launches and evolving social media advertising dynamics.
Elon Musk Launches $97.4B Hostile Takeover Bid for OpenAI
Elon Musk and a coalition of investors have made a dramatic $97.4 billion bid to take control of OpenAI, sparking tension with CEO Sam Altman. The takeover attempt highlights growing conflicts over OpenAI's direction and mission, with Musk advocating for a return to open-source development.
X Premium Plus Subscription Sees Major Price Hike to $22 Monthly
X (formerly Twitter) announces a significant 40% price increase for Premium Plus subscriptions, raising monthly rates to $22 in the US. The change brings enhanced features including ad-free browsing and expanded creator revenue sharing, while existing subscribers retain current pricing until January 2025.
X Premium+ Subscription Prices Soar by 37.5% Globally, with Dramatic Regional Variations
X is implementing substantial price hikes for its Premium+ subscription service, with US monthly rates jumping from $16 to $22. The changes, effective December 21, show stark regional variations with some markets like Nigeria seeing increases of over 450%.
Musk and SpaceX Under Federal Investigation for Security Protocol Violations
Multiple federal agencies are investigating Elon Musk and SpaceX over alleged failures to comply with national security reporting requirements. The probes focus on Musk's unreported foreign meetings and activities while holding top-secret clearance, amid growing concerns from defense officials and allied nations.