STORY: Tesla’s vehicle deliveries fell by a smaller than expected amount in the second quarter. A report on Tuesday (July 2) showed deliveries were down 5% compared to the same period a year earlier. It was driven by the electric-vehicle giant’s price cuts and incentives that helped stimulate demand. Tesla handed over just under 444,000 […]
(Bloomberg) — Tesla Inc. no longer stands above other electric vehicles in quality because head-scratching design changes on its cars, such as removing turn-signal stalks, have frustrated its owners and lowered its score in a bellwether quality survey. Most Read from Bloomberg Long the EV quality leader, Tesla now is on par with rivals such […]
Elon Musk won two big shareholder votes at Tesla on Thursday, but that may not be good for Tesla shareholders. (Britta Pedersen / Associated Press) No one who has followed the career of that famously self-effacing and modest business leader Elon Musk could have expected him to boast openly about having secured approval from Tesla […]
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk told employees on Monday that the electric vehicle maker is working on stock-based compensation for high-performing employees, according to two people who reviewed an internal memo. The plan comes just days after Musk won shareholder approval for his $56 billion pay plan consisting of […]
Though Tesla (TSLA) shareholders voted to reinstate Elon Musk’s pay package on Thursday afternoon, some investors and analysts told Yahoo Finance they remain skeptical. “The whole thing is a game of chicken and the shareholders blinked,” early Tesla investor Ibrahim AlHusseini said. “Fear of loss is a big motivator and Elon wielded that psychological mechanism […]
Tesla’s Top Rival BYD Unveils Latest EV Model Under Fang Cheng Bao Lineup: Report Fang Cheng Bao, the personalized sub-brand of BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF), has reportedly released official images of its latest model, the Bao 3, following the disclosure of core specifications. Fang Cheng Bao labels the Bao 3 as the production iteration […]
Tesla’s (TSLA) shareholders have voted in favor of the whopping $56 billion pay package for CEO Elon Musk. In addition to this groundbreaking compensation plan, shareholders have also greenlit Tesla’s redomestication from Delaware to Texas, a strategic relocation that Musk had previously sought after his pay was initially denied by a Delaware judge. Yahoo Finance […]
Photo: ODD ANDERSEN/AFP (Getty Images) When it comes to Tesla, it seems like the only thing people want to talk about lately is the Cybertruck and its flaws. And while we can all have a laugh at that monstrosity on four wheels, the electric vehicle company has a problem with its growing parking lots of […]
Most bosses are defeating attempts so far this year to tamp down their pay. The question now is whether Tesla CEO Elon Musk can do the same. Just two companies out of 340 that held shareholder votes on CEO pay as of June 6 had their executive pay packages rejected, according to ISS-Corporate, a business […]
Image: Patrick Pleul (AP) Gone are the times when Tesla sold every car it could build fresh out of the factory. We’re now at the point where the company has actually made too many vehicles. The automaker is obviously aware of this, slashing prices on popular models like the Model Y as inventory piles up. […]
Tesla’s Cybertruck electric vehicle (EV), which is not yet available in mainland China, created a buzz at an industrial show in Shanghai as Chinese consumers remain keenly interested in the US carmaker’s new products despite flagging sales of its Model 3 and Model Y. Dozens of visitors to the Carbon Neutrality Expo flocked to Tesla‘s […]
Inside an 111-year old former Detroit train station, Ford (F) CEO Jim Farley is charting a path for the auto giant’s next 100 years. Just don’t expect it to include electric trains. “The building’s really been revitalized physically, but what’s important is that it will have software people here, the future of our pro and […]