Elon Musk in talks with Tesla shareholder before appeal of nixed $56B pay package
Elon Musk and Tesla shareholders, who last month secured a verdict voiding the CEO’s $56 billion compensation, will put the judgment on hold until the appeal is resolved, according to a Tuesday letter from the shareholders’ lawyers to the court. He plans to ask the judge to do so. Greg Ballaro, a lawyer for the […]
Nervous About Nvidia, Tesla and the Magnificent 7? Look at Goldman’s GRANOLAS. – Barron's
The Magnificent 7 tech stocks are the driving force behind the S&P 500’s rise to record highs. For investors concerned about the dynamics of this top-heavy market, there is a new group that may be worth paying attention to: GRANOLAS. Coined by Goldman Sachs, GRANOLAS represents Europe’s largest companies by market capitalization, including GSK, Roche, […]
‘Boycott Tesla’ Super Bowl ads target self-driving technology
On Sunday, two Super Bowl ads took aim at Tesla’s self-driving technology, calling on viewers to boycott the company and claiming the company’s vehicles are unsafe. The Dawn Project’s ad echoes the 2023 Super Bowl ad campaign in which an Autopilot-powered Tesla mowed down child-sized dummies in a parking lot. “Here’s what Elon Musk doesn’t […]
Tesla cuts Model Y prices in US to boost sales
Former Tesla director Steve Westley is reacting to the stock’s surge after Elon Musk warned of a production slowdown in 2024. Tesla has temporarily lowered the prices of some Model Y vehicles in the United States until the end of February. electric car manufacturers Reduce the price of Model Y in Germany. tesla price cut […]
Elon Musk’s Neuralink incorporating in Nevada after Delaware judge axes Tesla pay
Elon Musk’s brain chip implantation company Neuralink has changed its domicile from Delaware to Nevada, according to business portals in both states. The development comes after Musk said Tesla would hold a shareholder vote to transfer its state of incorporation from Delaware to Texas after a judge invalidated Tesla’s $56 billion compensation package. It happened […]
Tesla Drivers Find Way to Make ‘Full Self-Driving’ More Dangerous
Videos of Tesla drivers wearing Apple Vision Pro headsets and making their cars drive themselves have gone viral, raising alarms about Elon Musk’s notoriously dangerous driver-assistance technology. mashable report Multiple videos of Tesla drivers wearing the new Apple Vision Pro headset and driving using the vehicle’s “Full Self-Driving” feature have raised concerns about potential safety […]
Tesla layoff fears mount as EV giant reportedly assessing which jobs are ‘critical’
A former Tesla director is reacting to the stock’s jump after Elon Musk warned of a production slowdown in 2024. Electric vehicle giant Tesla is reportedly considering which positions are absolutely necessary, raising concerns among employees that layoffs at the company are imminent. To quote someone close to me, reported by bloomberg Tesla on Wednesday […]
Elon Musk’s Tesla stokes layoff fears: report
Tesla executives have been asked whether each employee’s position matters enough to fuel fears of layoffs within the company. Bloomberg News reported Wednesday. After discontinuing semiannual performance reviews for some employees, Tesla sent out a one-line query for each job, some people familiar with the matter told Bloomberg. The electric car maker did not respond […]
Tesla Settles Hazardous Waste Lawsuit in California as Elon Musk Calls for Carbon Tax on the Rest of Us
Tesla has agreed to pay $1.5 million to settle a lawsuit brought by a California county over hazardous waste violations at its factories in the state. The violations have been blamed on careless handling of hazardous chemicals such as paint and used batteries, but CEO Elon Musk says what America really needs to go green […]
‘Focus In On That’: James Lankford Tells Elon Musk To Stay In His Lane After Tesla Chief Slams Border Bill
Oklahoma Republican Sen. James Lankford on Monday criticized Tesla CEO Elon Musk after Musk slammed border security and foreign aid bills negotiated by senators. criticized. The announcement was made by Democratic Sen. Patty Murray of Washington. sentence The bill passed Sunday night after weeks of negotiations between Lankford, Democratic Sen. Chris Murphy of Connecticut, and […]