Investors voted overwhelmingly to reinstate the C.E.O.’s multibillion-dollar compensation package, inextricably tying the car maker’s future to the tech billionaire.
Category: Electric and Hybrid Vehicles
-
Elon Musk Got 72% in Tesla Shareholder Vote on Pay
About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court to reinstate it.
-
Tesla Shareholders Approve Big Stock Package for Musk
The vote was seen as a referendum on his management of the electric car maker and on the limits of executive pay.
-
Tesla’s Stock Price Shows Doubts About Outlook Under Elon Musk
A huge run-up in the stock’s value followed a 2018 vote on Elon Musk’s compensation package. But investors have recently become less enamored.
-
Tesla Shareholders to Vote on Elon Musk’s Pay Package
The vote is seen as a referendum on the limits of executive pay and the accountability of Silicon Valley billionaires.
-
What to Know About Europe’s Extra Tariffs on Chinese Electric Cars
The tariffs have been expected for months, but many European automakers warned they will drive up prices for consumers and set off a trade war with China.
-
E.U. Hits Electric Vehicles From China With Higher Tariffs
Leaders in Brussels are trying to curb China’s dominance in the industry, but European automakers fear the taxes will drive up prices and lead to a trade war.
-
U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant
The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts elsewhere.
-
How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.