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The Latest Breaking News from Vaibhav Taneja

Tesla Inks $4.3 Billion Deal For American-Made LFP Batteries: Report

LG Energy Solution will supply Tesla with American-made lithium iron phosphate batteries to reduce reliance on Chinese suppliers.

InsideEVs

You’d Need To Work for 3.5 Million Years To Match Elon Musk’s Net Worth — Here’s the Math

Someone making around $115,000 annually, or $55 per hour, would need to work 3.5 million years to accumulate that amount of money.

GOBankingRates

Elon Musk Says Tesla Could Face 'A Few Rough Quarters' As EV Incentives Expire And Trump Tariff Pressures Mount

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, warned that the company was entering a challenging period as federal EV credits wind down and tariff-related headwinds begin to mount.

Benzinga

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Tesla 'Secret Weapon' Spotted By Drone: What We Know Of New Affordable EVs

A drone caught Tesla's new £24,000 EV at its Fremont factory, set for production by June 2025. Will this budget-friendly model boost Tesla's fortunes?

International Business Times UK

Tesla’s Dirt-Cheap EV Might Just Be A Basic Model 3 Or Y

If you've been holding your breath for Tesla's mysterious $30,000 Cybercab-based affordable EV to land, I've got some bad news for you. It's probably not happening—at least not in the way that you had hoped. From the sounds of Tesla's earnings call, the automaker's affordable model won't be some cool…

InsideEVs

Ex-Tesla CFO Zack Kirkhorn gives former intern's startup Jolly a big financial boost

Kirkhorn has been helpful in the buildout of the startup, Dean Zimberg, founder and CEO of Jolly, says.

Fortune

There are plausible explanations for the $1.4 billion gap on Tesla's financial statements

An accounting expert told Fortune one could not accuse Elon Musk's company of wrongdoing just by looking at its financial statements.

Fortune

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From soup cans to airplanes, steel and aluminum are a fundamental part of American life

Steel and aluminum are ubiquitous in Americans’ lives

The Independent UK

Tesla's finance chief joins board chair in unloading stock

At a time when sentiment in the stock is at its most vulnerable in months, Taneja deliberately chose to cash in more of his shares.

Fortune

Tesla Stock Closes Below This Key Level For The First Time In Seven Months

Nearly $1 billion in Tesla's market cap has been erased since Feb. 25.

Investors Business Daily

Companies must prepare for more Trump tariffs, says expert

The next set of tariffs is expected to be a core part of President Trump’s trade and economic policy.

Fortune

'Make Them Pay A Price:' Tesla Threatened With 100% Tariffs In Canada

There's a famous quote from the movie Road House that's useful for all sorts of situations: "Be nice. Until it's time to not be nice." The people of Canada, by and large, are famous the world over for being very nice. But clearly, the current tariff situation in the U.S.…

InsideEVs

Despite Elon Musk’s close ties to Trump, Tesla’s CFO admits the president’s tariffs plan would ‘have an impact on our business and profitability’

The company works with Chinese manufacturers such as BYD and CATL for its car batteries.

Fortune

A peek under the hood of Elon Musk’s Tesla reveals a worrying trend—its auto business is rusting away

Elon Musk promised Tesla’s car sales would jump 20% this year at a minimum, but his own company doesn’t even seem to believe that.

Fortune

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InsideEVs

China's Automakers Would 'Demolish' Manufacturers If Not For Trade Barriers: Musk

Today on Critical Materials: Elon Musk says Chinese automakers would demolish the world if not for trade barriers, Tesla stock tanks, and Cybertruck slowdown not due to battery cells.

Fortune

These 3 companies topped Fortune’s Fastest-Growing Companies list

In the 38th year for the annual list of 100 companies, industrials led all sectors with a 108% three-year average annual earnings growth rate.

Fortune

Cybertruck euphoria cut short as a 'melancholic' Elon Musk dashes hopes the EV pickup will soon turn Tesla’s sagging fortunes around

The downbeat earnings call was a "mini disaster" for Tesla investors following a litany of bad news suggesting Tesla faces a very challenging 2024.

Fortune

3 areas Tesla’s new CFO must prioritize, according to Wedbush tech analyst Dan Ives

Investors want to know if Vaibhav Taneja, who succeeded Zachary Kirkhorn as CFO, can deliver, Ives says.

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Dynamite News

Impressive: Musk reacts on list of Indian-Origin CEOs

Indian-origin executives are rocking the business world as they are holding top positions in the top companies and the list seems to be unstoppable. Read further on dynamite News:

Investors Business Daily

Tesla Stock Wrestles With Resistance In Possible Turnaround Week

Tesla gained ground Wednesday after reports the EV giant's Germany plant lowered its vehicle production target. TSLA is down 13% in August.

Investors Business Daily

Tesla Rebound Hits Resistance As Another Executive Steps Down

Tesla tried to advance Tuesday postings its best daily gain Monday since late March.

Fortune

Vaibhav who? Tesla's new finance chief is a blank slate for investors

The Delhi-trained public accountant with big shoes to fill has kept a low profile since joining Tesla in 2016—a very low profile.

InsideEVs

Tesla CFO Zach Kirkhorn Steps Down After 13 Years At The Company

Kirkhorn will remain with the company through the end of the year to enable a smooth transition for the new CFO, Vaibhav Taneja.

Investors Business Daily

Tesla Stock Breaks Key Support As CFO Zachary Kirkhorn Steps Down

Tesla undercut its 50-day line amid the executive shake-up. The EV giant slumped 4.7% last week.

People

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