Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
Category: Driverless and Semiautonomous Vehicles
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Tesla Board Chair Defend’s Elon Musk’s Humongous Pay Proposal
Robyn Denholm, normally media shy, is campaigning to get shareholders to back the chief executive’s trillion-dollar compensation package.
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Tesla’s Lawyers File Motion to Throw Out $243 Million Verdict in Fatal Crash
The carmaker argued that the driver of a car that killed a woman and severely injured her boyfriend in 2019 was solely responsible.
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Lyft and Baidu in Deal to Use Chinese Driverless Cars in Europe
Lyft and Baidu plan to start service early next year, joining Uber and Momenta in using electric cars from China, which are the least expensive even with tariffs.
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Jury Says Tesla Was Partly to Blame for Fatal Crash
Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.
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Tesla Expected to Report Falling Profit as Car Sales Fall
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
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Tesla Driver Testifies Autopilot Failed to Prevent Fatal Crash
The driver gave testimony in a federal trial about Tesla’s role in a 2019 accident that killed a woman in Florida.
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Tesla Faces First Jury Trial Tied to Its Autopilot System
The case stems from a fatal accident in 2019 involving a Tesla Model S sedan. Previous cases involving Autopilot had been settled or dismissed.
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Tesla Sales Fall as Elon Musk Focuses on Self-Driving Cars
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
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OpenAI Is Working on Self-Driving Car Technology
The artificial intelligence company has set many challenging goals. Autonomous vehicle software is now among them — but may pit the company against Tesla.
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Tesla Begins Limited Robotaxi Service in Austin
The vehicles will have safety monitors and may not operate in bad weather, making them more restricted than the fully autonomous vehicles promised by Elon Musk.