Today on TAP: You were thinking they’d invest in better, more affordable cars?
The board is asking shareholders to approve Musk’s compensation package after it was struck down by a Delaware judge.
The world’s worst dictatorship, the Chinese Communist Party (CCP), is once again giving the good housekeeping seal of approval to Elon Musk and his Tesla, as the billionaire simultaneously panders to the CCP in China and preaches freedom at home.
(Bloomberg) -- Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — whose biographer describes his more intense moods as “demon mode.”Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting...
Tesla CEO Elon Musk says Tesla plans to build “affordable models” that incorporate pieces of a next-generation platform on the production lines in the company’s existing factories in China, Germany, California and Texas.
The U.S. Supreme Court on Monday declined to hear an appeal by Elon Musk of a settlement that requires the billionaire to have some of his social media posts about Tesla pre-approved by a company lawyer.The nation's highest court rejected the Tesla and X owner's appeal without comment.Musk was seeking to overturn restrictions imposed on him by the Securities and Exchange Commission (SEC) following a 2018 post on Twitter, now X.In the tweet, Musk said he had acquired funding to take Tesla...
The House passed a four-bill $95 billion foreign aid package over the weekend that includes $60 billion in additional aid for Ukraine. The bill could Read More
Deal to use mapping data from web search giant Baidu is a big step towards launching driver assistance tech in world’s biggest car marketElon Musk’s visit to China has reportedly reaped immediate rewards with a deal for Tesla to use mapping data provided by web search company Baidu, a big step in introducing driver assistance technology in the world’s largest car market.Musk made an unannounced visit to China over the weekend. The billionaire posted a picture of his meeting with the Chinese...
Tesla Attorneys Target Shareholder Trying To Stop Moving Musk's Pay Fight To Texas Richard Tornetta, who was at the center of Tesla shareholders' claim that Elon Musk was taking an excessive pay package, is now at the center of claims that Tesla should not be reincorporating to Texas to approve Musk's voided pay plan. But Tesla is firing back at Tornetta. John Reed, one of Tesla’s attorneys, said in a Delaware Chancery Court filing this week that Tornetta "is raising false...
TechCrunch recently broke the news that Elon Musk’s xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn’t closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he also co-founded […] © 2024 TechCrunch. All rights reserved. For personal use only.
The package also includes legislation to ban or force a sale of TikTok because of concerns over the video-sharing platform’s Chinese ownership.
BEIJING — Local Chinese authorities have removed restrictions on Tesla cars after the company’s China-made vehicles passed the country’s data security requirements, the automaker said Sunday. The breakthrough came as Tesla CEO Elon Musk arrived in Beijing for an unexpected meeting with Chinese Premier Li Qiang, amid the first major auto show in the city in four years. Although Tesla’s electric cars are some of the most popular vehicles in China, they have reportedly been banned from some...