Tesla has awarded its chief executive a “first step payment worth roughly $29 billion to replace a plan blocked by a Delaware judge..
Category: Tesla Motors Inc
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Tesla Awards ‘Good Faith’ Shares to Musk Worth $29 Billion
The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge. The car maker’s chief has hinted that he needed a larger stake in the company.
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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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Elon Musk Sees ‘Rough’ Times Ahead
Shares in Tesla were down in premarket trading as the carmaker lays out the risks from President Trump’s tariffs and his scrapping of tax credits.
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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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U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
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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 Sets Date for Shareholders Meeting After Protests
The annual meeting will be in November, nearly four months after what is required under Texas law.
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What Happened to Tesla’s Annual Shareholders Meeting?
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.