Tesla CEO Elon Musk is facing a lawsuit alleging he illegally sold $7.5 billion worth of company stock in the fourth quarter of 2022, knowing that the business would disappoint investors after promising an "epic end of year."
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Tesla and CEO Elon Musk are pushing back against institutional investors who have expressed opposition to Muskβs disputed $58 billion compensation package from 2018.
The post Tesla and Elon Musk Fire Back at Institutional Investors in Argument over Massive Pay Package appeared first on Breitbart.
A recent study from the University of Michigan has shed light on a critical challenge facing the global transition to electric vehicles: the inability of copper mining to keep pace with the growing demand.
The post Study: The Amount of Copper Needed for EVs Is βImpossible for Mining Companies to Produceβ appeared first on Breitbart.
Tesla CEO Elon Musk, whose EV company is deeply involved in Communist China, recently expressed his disapproval of the recently announced 100 percent tariff on Chinese-made electric vehicles during the VivaTech conference this week.
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Elon Musk has issued an ultimatum to Tesla shareholders, demanding 25 percent control of the company in exchange for the continued development of AI and robotics products. Musk currently owns 13 percent of the struggling EV company.
The post Elon Muskβs Ultimatum: 25% Control or No AI and Robotics at Tesla appeared first on Breitbart.
A group of Tesla shareholders is calling on fellow investors to vote against CEO Elon Muskβs $56 billion pay package, citing concerns over his distracting commitments to other companies and the automakerβs underperformance.
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Elon Musk's TeslaΒ is continuing to lay off employees as the company has slashed an additional 600 jobs across its California facilities, affecting a wide range of positions from factory workers to engineers.
The post Elonβs Bloodbath Continues: Tesla Cuts 600+ More Jobs in California appeared first on Breitbart.
A federal judge has ruled that Elon Musk's Tesla must face a lawsuit alleging that the company committed fraud by misrepresenting the self-driving capabilities of its vehicles.
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If California wants to force residents into electric vehicles (EVs), Democrat-run California had better start cracking down on crime.
The post Nolte: Thieves Steal Teslaβs Electric Vehicle Charging Cables for Copper in California appeared first on Breitbart.
Google's Waymo self-driving vehicles may be causing big problems on the roads including accidents into stationary objects and ignoring traffic signals, according to the U.S. National Highway Traffic Safety Administration (NHTSA).
The post NHTSA Launches Investigation of Googleβs Waymo over Self-Driving Cars Causing Accidents appeared first on Breitbart.
Elon Musk's Tesla has begun reinstating some of the nearly 500 employees from its Supercharging team who were laid off in late April, a massive U-turn after Musk was criticized for decimating the company's supercharger plans.
The post Elonβs Chaos: Tesla Reverses Course, Rehires Supercharger Team After Widespread Layoffs appeared first on Breitbart.
Tesla's Head of Product, Rich Otto, announced his departure on Wednesday after seven years with Elon Musk's EV company, expressing concerns over recent layoffs and their impact on morale.
The post Elon Muskβs Tough 2024 Continues: Teslaβs Head of Product Resigns appeared first on Breitbart.
Elon Musk's has reportedly instituted a hiring freeze across its North American operations, following weeks of layoffs that have impacted thousands of employees.
The post Elon Isnβt Hiring: Tesla Implements Hiring Freeze Amidst Ongoing Layoffs appeared first on Breitbart.