Tag Archives: Tesla

Elon Musk Purchases About $1 Billion Worth of Tesla Shares  Bloomberg.comView Full Coverage on Google News Source link

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla shares jumped after CEO Elon Musk disclosed his first purchase of the stock in the open market since February 2020. Musk purchased 2.57 million shares at various prices Friday which …

Americans love big cars. Big EVs, however, are a harder sell. Stellantis, the multinational car conglomerate, acknowledged as much on Friday. The company said it would be discontinuing production of Ram’s much-hyped REV 1500, a full-sized EV pickup truck that was supposed to be the brand’s flagship response to Ford’s F-150 Lightning. Stellantis said in an announcement that it’s “reassessing …

Tesla (TSLA) board chair Robyn Denholm has made a strong case for Elon Musk’s proposed $1 trillion pay package. She told Bloomberg TV that Musk is a generational leader and the only person who can guide Tesla through its shift into artificial intelligence and robotics. The plan will go to shareholders for a vote at the company’s annual meeting on …

The shares of electric vehicle (EV) producer Tesla (TSLA) traded over 7% higher to reach about $395 on Friday afternoon. The momentum appears to be from a series of positive news about the company this week, after its EV market share dropped to an eight-year low. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful …

Tesla Believer Bangs Drum for Company Investment in Elon Musk’s xAI  The Wall Street Journal Could Tesla’s Deal With xAI Be a Game Changer?  Yahoo Finance Tesla said xAI stands for “eXploratory Artificial Intelligence.” It’s not clear where it got that.  Business Insider Tesla may have just revealed what Elon Musk’s xAI really stands for, by accident  India Today Tesla shareholders to vote on …

With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee that put the compensation proposal together, argued that Musk needs …

Tesla’s Board of Directors has proposed a new pay package for company CEO Elon Musk that would result in $1 trillion in stock offerings if he is able to meet several lofty performance targets. Musk, who has not been meaningfully compensated since 2017, completed his last pay package by delivering billions in shareholder value through a variety of performance-based “tranches,” …

Tesla Board Chair Defends Elon Musk’s Enormous Pay Proposal  The New York TimesView Full Coverage on Google News Source link

This article first appeared on GuruFocus. Sep 12 – Tesla (NASDAQ:TSLA) shares climbed about 7% on Friday to $395, the highest level since February, after the company expanded its energy storage offerings. At an event in Las Vegas earlier this week, Tesla introduced its Megapack 3 battery unit alongside a new large-scale system called the Megablock. The Megablock integrates multiple …