Every EVXL story tagged “Texas” — newest first.
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…
Major Job Cuts Hit Tesla in California Tesla has announced significant layoffs in California, cutting over 600 jobs across its manufacturing and engineering sectors. These job cuts are part of a broader reduction strategy the company has been implementing this year, reports Forbes. Overview of the Layoffs Tesla plans to eliminate 601 positions at its…
In a highly-anticipated Cybertruck launch event in Austin, Texas, Tesla's CEO Elon Musk personally delivered the first Cybertrucks to customers.
The Tesla Robstown lithium refinery, an ambitious project by the automotive giant, is slated to commence production ahead of its original schedule.
A series of intriguing drone images surfaced, shedding light on the aftermath of Cybertruck's rigorous crash testing procedures. These drone
Tesla is on a hiring spree. With 20,000 employees currently on its Austin payroll, plans are afoot to triple this count for the Cybertruck's production.
A recent video unveiling Tesla's Cybertruck brought something peculiar to the forefront: its notably large windshield wiper. This isn't just any wiper
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