Vandals spray paints ‘F–k Elon’ on 34 new Tesla Cybertrucks in Florida
Vandals, apparently with a grudge against Tesla CEO Elon Musk, spray-painted “F—k Elon” on 34 new Cybertrucks in Florida. Fort Lauderdale police received a call around 8:30 a.m. Thursday from a person reporting that the giant electric vehicle, which had been in perfect condition the night before, had been defaced, police said in a statement […]
Arizona Toddler Trapped in Tesla After Battery Dies Without Warning
A toddler in Arizona was trapped inside a hot Tesla after the car’s battery suddenly died, leaving his helpless grandmother with no choice but to call 911. Renee Sanchez said her 20-month-old granddaughter I got caught AZFamily reported that it happened in her car. A Scottsdale woman put her young daughter in a car seat […]
Tesla rival Fisker files for bankruptcy after glitches doomed Ocean SUVs
US electric car maker Fisker Inc filed for bankruptcy late on Monday as it seeks to salvage the business through asset sales and debt restructuring after burning through cash to expand production of its Ocean SUV. In the competitive EV market, several companies, including Proterra, Lordstown and Electric Last Mile Solutions, have filed for bankruptcy […]
Tesla Shareholders Reapprove Elon Musk’s Massive Compensation Package
Tesla shareholders voted to reapproval CEO Elon Musk’s huge compensation package, despite a Delaware judge ruling it invalid earlier this year. The Verge Reports In the vote, widely seen as a referendum on Musk’s leadership at a turbulent time for the electric car giant, investors also approved moving Tesla’s legal headquarters from Delaware to Texas […]
After Elon Musk’s $56B pay win, Tesla faces judge who called it ‘unfathomable’
Tesla Inc.’s board chairman said Friday he will try to use Thursday’s strong support for Elon Musk’s $56 billion compensation package to persuade a Delaware judge who invalidated the 2018 agreement. The lengthy process of reaffirming the company’s largest-ever compensation package ended on Thursday after nearly three-quarters of shareholders, excluding Musk and his siblings, voted […]
Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts | Elon Musk
Tesla’s Elon Musk’s fight to reinstate his $45bn (£35bn) pay package is far from over, despite shareholders backing the CEO’s pay deal, legal experts say. Investors in the electric car maker re-approved the wage pact on Thursday after a judge in the US state of Delaware invalidated it, with the company’s chairman Robin Deanholm already […]
Tesla shareholders approve Elon Musk pay package rejected by court
Tesla Inc. shareholders on Thursday reapproved a controversial multimillion-dollar compensation package for CEO Elon Musk. The 2018 compensation agreement, now reportedly worth more than $45 million, was invalidated by a Delaware judge in January. Thursday’s vote confirmed shareholder support for the compensation package but does not resolve the legal dispute. Court of Chancery Judge Katherine […]
Tesla shareholders vote to reinstate Musk’s $56B pay package, relocate to Texas
Emil Michael, CEO of DPCM Capital and former Chief Operating Officer of Uber, discusses Tesla’s business strategy and its potential impact on the stock price. Tesla shareholders voted to reinstate the company on Thursday. CEO Elon Musk The $56 billion compensation package was voided by a Delaware judge and the company’s state of incorporation was […]
Tesla shares surge as Elon Musk says shareholders set to approve $56B pay package
Tesla shares jumped 3.5% at the start of trading on Thursday after Chief Executive Elon Musk indicated shareholders would overwhelmingly approve his controversial $56 billion compensation package and plans to move the company’s legal headquarters to Texas. Shareholders can vote or change the two resolutions until the company’s annual meeting begins at 4:30 pm ET […]
Elon Musk’s $56B Tesla pay package in the balance as shareholders hold meeting
Constellation Research founder R. “Lei” Wang talks about Elon Musk’s threat to ban his company from using Apple products over its partnership with OpenAI. Tesla Shareholders The company is set to decide whether to reinstate CEO Elon Musk’s $56 billion compensation package at the electric car maker’s annual shareholder meeting on Thursday. Musk’s compensation packageTesla’s […]