Tesla shareholders advised to reject Musk’s $56 billion pay
Proxy advisory firm Glass Lewis said Saturday it has urged Tesla shareholders to reject a $56 billion compensation package for CEO Elon Musk that, if passed, would be the largest ever for a CEO of a U.S. company. The report cited the “excessive size” of compensation agreements, dilutive effects upon exercise and concentrated ownership as […]
Tesla shareholders urged to reject reinstating Elon Musk’s $56B pay package
Jeff Sica of Circle Squared Alternative Investments weighed in on big tech earnings at Varney & Co. and spoke about Tesla stock. Tesla shareholders are expected to vote on reinstatement this week CEO Elon Musk A $56 billion compensation package that was invalidated by a Delaware judge earlier this year is being urged to be […]
Tesla CEO Elon Musk opposes tariffs on Chinese EVs
In an interview with Barney & Company, Diana Ferchtgott Ross, an economist at the Heritage Foundation, argued that Biden’s tariffs on Chinese-made EVs don’t go far enough to protect the domestic auto industry. Tesla CEO Elon Musk said Thursday he opposes government tax incentives for electric vehicle (EV) purchases and tariffs on Chinese-made EVs or […]
Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more – CNBC
Check out the companies that made headlines during the day: Target — The retailer’s stock fell more than 7% following poor first-quarter results, with sales down 3% year-over-year. It was emphasized that. Analog Devices — The chipmaker’s stock soared more than 8% after its second-quarter results beat analysts’ expectations. Massachusetts-based Analog reported adjusted earnings per […]
Car rental company charging customers for Tesla ‘refills’
Customers at one of the nation’s largest car rental companies are feeling the pain of paying hundreds of dollars in free fuel just to rent a Tesla and then being denied a refund. Hertz, which recently announced plans to unload 30,000 used Teslas, was accused of charging customers nearly $300 in “skip the pump” fees […]
Elon Musk’s Tesla Committed Fraud by Misrepresenting Self-Driving Capabilities
A federal judge has ruled that Elon Musk’s Tesla must sue for fraud by misrepresenting the self-driving capabilities of its vehicles. ars technica report In a recent ruling, U.S. District Judge Rita Lin for the Northern District of California ruled that California resident Thomas Rosavio’s lawsuit against Tesla can proceed on fraud charges. The lawsuit, […]
I Rented A Tesla For A Week And Am Totally Sold On Gas-Powered Cars
After test-driving one for an entire week, we learned we will never buy a Tesla or any electric vehicle as long as we have the option of gas-powered cars or even hybrids. While planning a week-long trip to the Seattle area recently, I wondered aloud to my husband if we should rent a Tesla. […]
Elon Musk’s Tesla hiring back some on Supercharger team he fired weeks ago: report
Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla has reportedly put some of its recently laid-off Supercharger employees back to work, mitigating some of the division’s drastic downsizing. bloomberg reported on Monday The company cited anonymous sources with “familiar knowledge” of efforts by Elon Musk’s electric […]
Tesla settles ex-worker’s lawsuit alleging she was sexually harassed 100 times
Tesla, facing a series of lawsuits related to sex and racial discrimination, has settled a lawsuit brought by a former factory employee who said he was fired after complaining of severe sexual harassment. San Francisco U.S. District Judge William Orrick dismissed Tiyonah Turner’s 2023 lawsuit on Monday, a day after she and Tesla notified the […]
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