Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
Category: Driverless and Semiautonomous Vehicles
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Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.
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Tesla Reveals Cheaper Versions of Model Y and Model 3
Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles.
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When a Driverless Car Makes an Illegal U-Turn, Who Gets the Ticket?
California approved a law last year allowing the police to cite autonomous vehicles, but it did not specify any penalties, and the law doesn’t take effect until 2026.
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Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay
Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
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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.