Page 16 - Tesla

Tesla's quarterly deliveries beat estimates on incentives; shares rally

Shares of the world's most valuable automaker rallied more than 10% on Tuesday, hitting the highest level in nearly six months

China's BYD posts 21% rise in quarterly EV sales, closes gap with Tesla

Sales of new energy vehicles including EVs and plug-in hybrids in China made up 46.7 per cent of total car sales in May

China's new-age automakers live-stream to interact with potential customers

"If you're not livestreaming these days you're kind of a dinosaur," said Mark Tanner, managing director of Shanghai-based marketing firm China Skinny

Tesla seeks to delay July hearing in battle over Musk's pay package

A delay in the hearing would further hold up the judge's decision on how much to award in lawyer compensation

Elon Musk's $56 billion pay package more than Tata Motors' annual revenue

Elon Musk's pay packaged vs Indian firm revenues: Elon Musk's annual salary is more than Tata Motors' revenue but less than Reliance Industries

Tesla CEO Musk's pay package gets nod from 77% of votes at investor meet

In 2018, 73% of Tesla investors had voted in favor of the same pay package, which was voided by a Delaware judge this year

Tesla expects to hike price of China-made Model 3 in EU due to tariff hike

The message, displayed on Tesla's website for countries including Germany, France, Ireland, Belgium, and Hungary, urged prospective buyers to place their orders in June

All you need to know about Kimbal Musk, the Tesla director in cowboy hat

He owns nearly 2 million shares of Tesla, worth more than $350 million, according to the company's proxy filing and the company's share price on Wednesday

Here's a list of all major legal battles Musk and his companies are facing

Musk, who has a history of sparring with regulators, also faces government investigations into his companies that could result in more lawsuits or even criminal prosecutions

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

Future of Musk, Tesla on line this week as shareholders vote on pay package

If Tesla shareholders vote against restoring Elon Musk's USD 44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of this other companies. Or he could even could walk away. If they approve the all-stock compensation package that was thrown out by a Delaware judge in January, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles, shifting to AI and robotics including autonomous vehicles, which Musk says is Tesla's future. But even with reapproval at Thursday's annual shareholders' meeting, which many analysts say is likely, there would be uncertainty. Musk has threatened on X, his social medial platform, to develop AI elsewhere if he doesn't get a 25% stake in Tesla (He owns about 13% now). Musk's xAI recently received $6 billion in funding to develop artificial intelligence. Wedbush Analyst Dan Ives said he expects the package to be overwhelmingly reapproved, ending

In latest setback, Tesla must face autopilot false ad claims by DMV

Monday's ruling comes less than a month after a federal judge in San Francisco ruled that Tesla must face a proposed class-action lawsuit by consumers making similar claims

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package

The vote at next week's AGM will be the second time Musk's pay package has been put before shareholders. A judge voided an initial vote that approved the package in 2018

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

Diverted Nvidia chips to X, xAI as Tesla had no space to place them: Musk

Musk suggested in one of his posts Tuesday that Nvidia wouldn't be able to track all the money Tesla is spending on AI this year, writing that about half of its expenditures will be internal

Early Tesla bulls giving up on stock, as doubt on future growth loom

The company's shares are down nearly 30 per cent this year and have fallen by more than 50 per cent since their 2021 high

Tesla to recall 125,227 cars over faulty seat belt warning system

The regulator said the vehicles failed to comply with the federal safety requirements as their seat belt warning light and audible chime may not get activated when the driver is unbelted

Proxy adviser urges Tesla shareholders to reject Elon Musk's pay package

The opposition comes days after another prominent proxy adviser, Glass Lewis & Co., recommended investors vote down the Musk remuneration plan

Tesla blasts Glass Lewis after adviser seeks rejection of Musk pay package

The EV maker's board has been working to rally shareholder support ahead of its June 13 annual meeting

Tesla's $56 bn pay package for Elon Musk opposed by Calpers CEO Frost

Musk criticized Frost's remarks, saying in a post on his social media platform X that the pension fund 'is breaking their word'