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Tesla Board Chair Robyn Denholm issued an urgent warning to shareholders today: approve Elon Musk’s nearly $1 trillion compensation package by November 5th, or risk losing him as CEO and watching Tesla collapse from AI/robotics pioneer into “just another car company.” The stark two-page letter, posted by Sawyer Merritt on X, frames the upcoming shareholder…
Tesla stock (TSLA) is regaining momentum after a rocky first half of the year. Following weeks of losses that pushed shares below key technical benchmarks, the electric vehicle leader has tightened up, reclaimed support at major moving averages, and landed back on the Investor’s Business Daily (IBD) Leaderboard alongside fellow “Magnificent Seven” member Nvidia (NVDA).…
Tesla has obtained a rideshare license in Texas, paving the path for its robotaxi service to launch under upcoming state rules. This development positions the electric vehicle giant to expand autonomous ridesharing in a major U.S. state, building on recent testing efforts. License Details and Regulatory Framework Tesla Robotaxi LLC now appears as a licensed…
Relatable much? If you’re tired of high energy costs draining your EV budget, Tesla’s move to supply power in Britain could be your savior, straight from their recent Ofgem application. Tesla, the electric vehicle giant led by Elon Musk, has applied for an electricity supply license in Great Britain, positioning the company to deliver power…
Hey Tesla fans, ever worry Musk’s side hustles are derailing EVs? The company’s $29B “good faith” grant aims to fix that, per fresh board docs. Tesla awarded CEO Elon Musk 96 million shares valued at approximately $29 billion on Monday, positioning the move as a “good faith” effort to retain him while his 2018 compensation…
Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…
Picture this, EV fans: Your next ride could be a driverless Tesla zipping through Brooklyn – and it’s happening faster than you think, with Tesla’s explosive expansion to nine cities! Tesla has expanded its Robotaxi testing to nine cities nationwide, posting jobs for Vehicle Operators to support Autopilot data collection with safety drivers behind the…
Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call, but significant regulatory obstacles and falling electric vehicle sales cast doubt on the timeline. This…
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