Tesla didn’t sell Bitcoin holdings despite plunge in Q1 earnings

The largest electric vehicle (EV) manufacturer, Tesla, released its financial report for Q1 2024 with no signs of selling any of its Bitcoin (BTC) holdings while its total revenue plunged. According to the report, Tesla’s total revenue declined by 15.3% between Q4 2023 and Q1 2024 — falling from $25.1 billion to $21.3 billion. The company’s total...

Tesla launches restyled Model 3 in North America

Tesla on Wednesday launched the restyled version of its Model 3 sedan in North America and kept the prices unchanged, according to the company's website and a post on X. The electric car maker has removed the most expensive version of the Model 3, the "performance" variant, from its North American websites, and now only lists...

Anwar: Govt secured over RM200bil in investment commitments from official overseas trips

KUALA LUMPUR: Since taking office last November, Prime Minister Datuk Seri Anwar Ibrahim said the government has managed to secure over RM200bil in investment commitments from his 17 working trips overseas. These included investment commitments from countries such as China, the United States and the United Arab Emirates (UAE). During the Prime Minister Question Time (PMQT) in...

Tesla’s Cyberjaya centre opens

CYBERJAYA: Tesla has opened its first centre in Malaysia that will provide an all-in-one customer experience. The two-storey building here is developed in two phases with the first phase consisting of the retail area which showcases the latest Tesla electric vehicle (EV) models. The second phase would see the centre rolling out more facilities for service, delivery...

Elon Musk wanted to meet me, says Anwar

PETALING JAYA: Billionaire Elon Musk contacted and wanted to meet him, says Prime Minister Datuk Seri Anwar Ibrahim “(Musk) contacted me and he said he wanted to speak to Prime Minister Anwar and I said yes. He then said I followed your life history and journey," said Anwar. “Alhamdulilah someone followed (my life story). When he called...

‘If Elon Musk gives me a Tesla, I will register it under the government’, says PM

JEMPOL: If he is given a Tesla by Elon Musk, Prime Minister Datuk Seri Anwar Ibrahim says he will not take it. Instead, he said he would register the vehicle as government property. "Let's say he (Musk) said he wanted to give me a car, I will not take it and will give it to the government,"...

Man says Tesla is suing him for $210k for online posts after he won a separate suit against the car company

Reuters A man in China says Tesla is suing him for defamation after the company paid him more than 1 million yuan (S$210,000) in a separate consumer fraud lawsuit. Han Chao posted documents of legal paperwork from Tesla informing him that the company was suing him for 5.05 million yuan (US$650,000) for defamation and demanded an apology. Pictures...