The EV company keeps pushing its “next phase of growth” message, but it’s getting harder to look past a slump in vehicle sales and its unexciting lineup.
Tesla is pushing hard to get shareholder approval for Elon Musk's compensation plan, even though a judge recently ruled against it. The company argues that the package is essential for Tesla's future achievements.The critical question remains: why does Tesla's board believe a $55 billion compensation package is justified for Elon Musk? The company frames it as a matter of respect and fair treatment for their CEO.Tesla is seeking shareholder approval to reinstate Musk's controversial £44 billion...
Tesla board calls June 13 shareholder vote on Musk's pay and move to Texas.
Tesla is voluntarily recalling nearly 4,000 Cybertrucks due to a problem with the accelerator pedal while Elon Musk recently dropped down the list of the world’s richest people.
RKL Wealth Management LLC trimmed its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,125 shares of the company’s stock after selling 25 shares during the period. […]
The news that the truck's accelerator pedal can get stuck and cause a crash
The price drop comes amid a difficult year for the electric vehicle company, which already lost $200bn in market value this year
OpenAI will represent about 4% of the Ark venture fund’s holdings.
In January 2020, as it became clear that countries outside of China were reporting COVID cases, the taxpayer-funded World Health Organization instead spent its time publishing a series of 14 tweets about the dangers of vaping, including claims that e-cigarette liquid is “highly flammable,” that secondhand vapor is lethal to bystanders, and that there is no evidence that e-cigarettes help people to quit smoking, all of which are entirely false.It was a scurrilous thread deliberately designed to...
A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, continues to disrupt operations, a union said on Wednesday, and is drawing scrutiny from investors despite Elon Musk saying the storm is over. For months Tesla has been under pressure in the Nordics, with sympathy actions since October backing Swedish IF Metall's mechanics' demand for a collective agreement. Postal workers, garbage collectors, repair centres, port workers, electricians, and cleaners are among...
Billionaire Elon Musk on April 9 claimed that the Brazilian employees of his social media site X (formerly known as Twitter), are being threatened with arrest. The tech mogul further added that all details he has on Brazilian Supreme Court judge Alexandre de Moraes will be shared after his employees are safe.“We need to get our employees in Brazil to a safe place or otherwise not in a position of responsibility, then we will do a full data dump. They have been told they will be arrested,” he...
Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, four people familiar with the matter say. Tesla and Modi’s office did not immediately respond to requests for comment. After Reuters reported his India trip plans […]