Category Archives: Tesla

Elon Musk wins shareholder approval for record $56 billion pay package

June 14, 2024 Elon Musk wins shareholder approval for record $56 billion pay package The shareholder approval, however, does not resolve a Delaware court’s lawsuit on the pay package. BY Reuters Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an incentive … Continue reading Elon Musk wins shareholder approval for record $56 billion pay package

Tesla recalls 2 million cars in order to fix Autopilot safety controls

Tesla recalls over 2 million cars to fix Autopilot safety controls An over-the-air update will address safety concerns over potential ‘driver misuse’ of Autopilot. Steve Dent   Wed, Dec 13, 2023 Tesla Following a two-year investigation by the National Highway Traffic Safety Administration (NHTSA), Tesla will recall over 2 million vehicles to address Autopilot safety … Continue reading Tesla recalls 2 million cars in order to fix Autopilot safety controls

Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says

Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says   Mariella Moon   @mariella_moon When Tesla held its opening party for the company’s Giga Texas factory last year, Elon Musk said that it will finally start selling the Cybertruck in 2023. Now, we can narrow down the timing for its launch … Continue reading Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says

Tesla stock sinks after Elon Musk’s ‘Master Plan 3’ fails to impress at Investor Day

  By Michael Grothaus March 02, 2023 Tesla’s Investor Day seems to have been a big bust—at least if we’re judging by reactions from actual investors.   The event, which lasted over three hours and took place (March 21, 2023) at the company’s Gigafactory in Austin, Texas, was heavy on highlighting the company’s past achievements … Continue reading Tesla stock sinks after Elon Musk’s ‘Master Plan 3’ fails to impress at Investor Day

NLRB says Tesla violated the law by telling employees not to talk about pay

Tesla hit with unfair labor complaint from US watchdog Steve Dent @stevetdent The US National Labor Relations Board (NLRB) has filed a complaint against Tesla after investigating workers’ complaints over unfair labor practices. Workers said Tesla “coerces and intimidates” them via a confidentiality agreement that illegally prevents them from discussing labor conditions and unionization. Workers … Continue reading NLRB says Tesla violated the law by telling employees not to talk about pay

Q3 earnings: Musk claims Tesla could be worth more than Apple and Saudi Aramco combined

By Samar Marwan October 19, 2022 After the closing bell, Tesla held its third-quarter earnings, revealing lower revenue than expected and delivering fewer vehicles in the third quarter. The company’s reported gross margin was 27.9%, down from 30.5% last year. Analysts at RefinitivIt had forecasted $3.5 billion in earnings, while the company reported adjusted earnings … Continue reading Q3 earnings: Musk claims Tesla could be worth more than Apple and Saudi Aramco combined

Tesla’s AI Day 2022

Tesla is working on an AI-powered humanoid robot The Tesla Bot will be designed to perform dangerous and boring tasks for humans. M. Moon @mariella_moon   Tesla Tesla is building a humanoid robot simply called the Tesla Bot, Elon Musk has revealed at the automaker’s (and, perhaps, soon-to-be-robotmaker’s) AI Day event. It’s intended to be … Continue reading Tesla’s AI Day 2022

Tesla stock split: What to know about the vote to split TSLA shares

By Michael Grothaus August 03, 2022 Usually, Tesla investors care most about when the company plans to release its quarterly earnings report, which Tesla most recently did on July 20. For its Q2 2022, investors seemed largely impressed with the electric carmaker’s revenue growth of 43% year-over-year.   Yet for many Tesla investors, the most … Continue reading Tesla stock split: What to know about the vote to split TSLA shares

Elon Musk’s wild 24 hours: Twitter deal setbacks, Dogecoin hype, and a Tesla employee lawsuit

By Chris Morris     June 22, 2022 Even by Elon Musk’s exaggerated definition of weird, the past 24 hours or so have been more than a bit peculiar. On Tuesday alone, Musk stoked investor fears at an economic forum; both dissed cryptocurrency and pumped it up; swung the ax at his flagship company while … Continue reading Elon Musk’s wild 24 hours: Twitter deal setbacks, Dogecoin hype, and a Tesla employee lawsuit