Every EVXL story tagged “Elon Musk” — newest first.
Tesla, the electric vehicle giant, is facing a significant decline in new car registrations in California, according to Business Insider. This downturn marks a potential shift in the EV landscape of the Golden State, long considered a stronghold for Elon Musk’s company. The EV Numbers Tell a Story The second quarter of this year saw…
Tesla, the electric vehicle giant, is facing headwinds in California. According to Reuters, Tesla’s car registrations in the Golden State dropped 24% in the second quarter of 2024, marking the third consecutive quarter of declining sales in this crucial market. EV Demand Softens Amid Economic Pressures The slump in Tesla’s California registrations points to broader…
Self-Driving Tesla Crashes into Parked Patrol Vehicle A Tesla Model S in self-driving mode crashed into a parked police car in Orange County, California, on the same day Elon Musk’s substantial pay package was approved at Tesla’s annual shareholders meeting in Austin, Texas. Tesla Model S Incident Details Early Thursday morning, a Fullerton Police Department…
Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks ago, Tesla revealed that shareholders who voted their shares would have a shot at a…
Tesla’s CEO Elon Musk has clarified that the company will not launch a refreshed Model Y this year, despite continuous improvements to the vehicle’s design and performance, reports Reuters. Musk’s Announcement On Saturday, Elon Musk took to social media platform X to announce that a refreshed Model Y would not be released this year. “No…
In a recent close-up photo of a Tesla Cybertruck’s circuit board, an intriguing Easter egg has been spotted. The board includes the words “Hi Sandy!” printed on it, a clear reference to Sandy Munro, a renowned automotive engineer known for his detailed teardown analyses of vehicles, including Tesla models. The Easter Egg and Its Significance…
Tesla is standing by CEO Elon Musk’s $56 billion pay package, arguing it motivated him to create “tremendous value” for shareholders. This comes after top proxy advisory firm Institutional Shareholder Services (ISS) recommended shareholders vote against the proposal, calling it “excessive.” ISS Recommendation and Tesla’s Response According to Reuters, ISS raised concerns over Tesla offering…
Tesla’s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment platforms, reports the Financial Times. Key Resolutions and Challenges The electric vehicle maker is seeking…
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