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Elon Musk emerges victorious as a federal jury finds him not liable for fraud in a trial over his infamous 2018 tweet about taking Tesla private. The jury ruled in Musk's favor, acknowledging the testimony about Saudi backing despite the absence of formal funding. Critics remain divided, celebrating free speech or decrying a legal loophole.
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Tesla's Compact SUV Back in Action: Sparking a Cost-Effective EV Clash
Tesla is reigniting its plans to enter the sub-$40K EV market with a compact electric SUV designed to rival the likes of the BYD Atto 2. This 4.28-meter-long vehicle promises a budget-friendly alternative to the Model 3, offering affordability alongside autonomous and human driving capabilities. The move follows Tesla's strategic shifts amidst heated competition from Chinese brands, promising to shake up the affordable EV sector.