Tesla, Inc.

Tesla reported a drop in first-quarter earnings on April 19 as price cuts at Elon Musk's electric vehicle company boosted demand but hit profit margins.

Profits came in at $2.5 billion, down 24 percent from the year-ago period on revenues of $23.3 billion, which were up 24 percent.

The U.S electric car maker Tesla has scheduled first deliveries of its vehicles for Turkish customers in May.

The company started to collect pre-orders for vehicles on April 4. Tesla will sell three versions of its Model Y in Türkiye.

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.

According to an internal email seen by US media, Elon Musk has put Twitter's current value at 20 billion US dollars, less than half of the 44 billion he paid for the social media platform just five months ago.

Elon Musk on Jan. 23 told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.

 A nine-person jury was seated Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors by asserting in 2018 tweets that he had lined up financing to take the electric automaker private.

Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California.    

The case dates back to August 2018 when Musk tweeted that he had sufficient funding to take Tesla private, causing a whirlwind in the company's share price.    

Tesla sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk's pledge to grow the company's sales by 50 percent nearly every year.

The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company's 50 percent growth target.

Tesla said it delivered 1.31 million electric vehicles in 2022, a record for the U.S. automaker and a 40 percent jump from a year earlier, but still below its own and Wall Street expectations.

The Elon Musk-led company has set a long-term goal of increasing its shipments by an average of 50 percent annually.

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange Commission's website.