- December 22nd, 2024
JPMorgan Chase & Co. has agreed to withdraw its long-standing lawsuit against Tesla Inc., ending a three-year legal battle over stock warrant transactions worth $162 million. Both parties announced the decision in a joint one-page court filing on Friday, indicating...
U.S. financial giant JPMorgan Chase announced on Friday that it had agreed to drop its high-profile lawsuit against Tesla. The lawsuit accused the electric vehicle maker of breaching a 2014 contract related to stock warrants. This agreement marks the end...
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...
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...
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 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...