Elon Musk

Tesla Shareholders Set to Approve Musk’s $56 Billion Pay Package Amidst Legal Challenges

Tesla shareholders were poised to approve CEO Elon Musk's controversial $56 billion pay package, signaling strong support for his leadership. The package, which is the largest in U.S. corporate history, has faced significant legal scrutiny but appears to have garnered...
Elon Musk

Why is Norway Wealth Fund Voting Against Elon Musk’s Compensation at Tesla?

Norway's $1.7 trillion sovereign wealth fund, the world's largest, announced on Saturday its intention to vote against the ratification of Tesla CEO Elon Musk's $56 billion pay package. This decision comes ahead of a shareholder vote scheduled for next week...
Car manufacturing

Electric Vehicle Industry’s Challenge: Tesla, GM, and Ford Scale Back Production Amidst Growing Demand Concerns

SAN FRANCISCO Tesla, General Motors, and Ford have been cautious about expanding electric vehicle production capacity due to economic uncertainties and concerns about a slowdown in demand. Tesla CEO Elon Musk expressed concerns that higher borrowing costs could prevent potential...
Tesla

Tesla Urges US to Embrace Stricter Fuel Efficiency Regulations for a Sustainable Future

Tesla has urged the Biden administration to finalize tougher fuel economy standards through 2032 than proposed by the National Highway Traffic Safety Administration (NHTSA). The NHTSA proposed raising CAFE car requirements by 2% and 4% for trucks and SUVs annually...