Elon Musk

Shares in US electric car maker Tesla have hit a record high this week, surging 9 per cent to pass the $US500 ($A724) mark on Monday. This means Tesla stock has more than doubled since mid-October 2019, putting it at a current market value of $US94.6 billion. This latest surge has Tesla on track to become the biggest automotive company in the world by market capitalisation.

Do not adjust your eyes. This is not something from Mad Max or any other science fiction movie. This is the Tesla Cybertruck and it’s fair to say no-one expected it to look like this. Tesla claims it will be the toughest pick-up truck in the world, with a stainless steel body that can handle a 9mm bullet or a hit from a sledge hammer, and comes with super-strength glass.

After a week of hype, Tesla is yet to put down a fast lap at the Nurburgring in its attempt to wrestle the electric-car lap record from the Porsche Taycan. If you haven’t been able to read every word on the internet about this bold record attempt, this story will give you a rundown on all we know so far.

Order books for the Tesla Model 3 will open early in May for Australia, Elon Musk has confirmed. The outspoken CEO used his preferred method of communication, Twitter, to deliver the news. "UK Model 3 order page goes live next week, followed shortly thereafter by Japan, Australia, New Zealand & Hong Kong," he said in a thread about the 'affordable' electric sedan. It's suggested the order page will go live at some point after May 6, but that hasn't been confirmed.

Elon Musk says Tesla cars could be able to drive themselves by the end of 2019, on the back of today's full self-driving computer reveal. According to the outspoken CEO, the new computer is "the best chip in the world... objectively". It was unveiled at an investor day in Palo Alto, California. It'll be built in Texas by Samsung, with the company suggesting supply shouldn't be an issue. We've heard that before, though.