Page 3 - Tesla Elon Musk

Musk wins Tesla shareholders' approval for $56 billion pay package

The approval underscores the support that Musk enjoys from Tesla's retail investor base, many of whom are vocal fans of the mercurial billionaire

Tesla shareholder sues Musk to return billions in alleged unlawful gains

The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package

Tesla investor sues to challenge proxy on Texas move, Musk's pay package

Donald Ball, who owns more than 28,000 Tesla shares, argues the company is violating its corporate charter

Tesla shareholder sues Elon Musk for alleged $7.5 bn insider trading

According to the lawsuit, Musk sold the shares on various dates in November 2022 and December 2022

Musk's startup xAI raises $6 bn in fresh round of funding, valued at $24 bn

The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital

Elon Musk's SpaceX in discussion to sell shares at $200 billion valuation

A $200 billion valuation would be a premium to the $180 billion valuation the company obtained through its most recent tender offer

Tesla doing damage-control, offers discounts to European fleet buyers

The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service

Musk arrives in Indonesia to launch Starlink satellite internet service

Elon Musk arrived in Indonesia's resort island of Bali on Sunday to launch Starlink satellite internet service in the world's largest archipelago nation. The billionaire head of Tesla and SpaceX and owner of social platform X arrived by private jet on the idyllic island of the gods, which is renowned for its tropical beaches, terraced rice paddies, mystical temples and colorful spiritual offerings. Musk is slated to launch the service alongside Indonesian President Joko Widodo in a ceremony later Sunday at a public health clinic in Denpasar, the provincial capital of Bali. Musk will also sign an agreement on enhancing connectivity in the country's health and education sectors, said Indonesia's Coordinating Minister of Maritime and Investment Luhut Binsar Pandjaitan, who welcomed Musk at the airport. Pandjaitan, a close ally of Widodo, did not provide more details about the agreement between the Indonesian government and Musk's SpaceX, the aerospace company that operates Starlink ...

Court grants reprieve to Musk's X in its fight against Australian govt

The incident provoked a furious clash between Musk and the Australian government, including Prime Minister Anthony Albanese

Musk proposed to launch robotaxis in China during April visit: Reports

Musk on the trip intended to discuss the rollout of FSD and whether Tesla could secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles

Why is Elon Musk's Tesla Inc. suing Gurugram-based Tesla Power India?

American EV manufacturer has lodged a complaint with the Delhi High Court against Gurugram-based Tesla Power India for violating its trademark

Amid dwindling car sales, Elon Musk lays off Tesla's senior executives

Musk said he would dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group

Tesla's self-driving bid for China faces competition moving ahead

While Tesla relies only on cameras to detect hazards around self-driving cars, other automakers are rolling out systems that include lidar, which uses pulses of light to detect objects

Tesla 'has to be India' as Musk defers meeting with PM Modi: Analysts

EV industry experts says Tesla's presence in the country in inevitable as business slows down elsewhere

Exxon Mobil's market value surpasses Tesla's as oil rises, EV sales slow

Tesla fell 1.9 per cent to $147.05 a share on Friday, making it the second-worst performing stock in the S&P 500 Index this year

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

The Elon Musk-led company's shares fell 2.7% to $151.26 after the brokerage downgraded the stock to 'Hold' and cut its price target to $123 from $189

Musk's India visit sparks expectations for Tesla investment and expansion

Reports suggest that Elon Musk is set to announce an investment in India of $2-$3 billion along with Tesla Inc's long-awaited entry into India

Musk vs the rest: Who will be Tesla's biggest competitors in India?

Elon Musk is set to visit India and meet PM Modi. With the likelihood of a Tesla plant coming up in India, which are the EV makers they will compete with? Here is a list

Tesla plant likely in India: A look at its gigafactories in other countries

Tesla has six Gigafactories in Fremont, California; Sparks, Nevada; Berlin, Germany; Shanghai, China; Austin, Texas; and Buffalo, New York

Tesla lays off more than 10% of global workforce amid dwindling sales

Musk last announced a round of job cuts in 2022, after telling executives he had a "super bad feeling" about the economy