(Bloomberg) -- Ten years ago almost to the day, while checking out a handful of luxury sedans from one of China’s largest automakers SAIC Motor Corp., President Xi Jinping gave a pivotal speech that would set China on the course to dominate the electric vehicle industry.Most Read from BloombergFed’s Favorite Underlying Inflation Gauge Is Seen CoolingSevere Turbulence Leaves 12 Injured on Qatar Airways FlightIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtIsraeli Military Proceeds...

Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk’s multibillion-dollar pay package at the company’s meeting next month. In a 71-page report, Glass Lewis told shareholders that Musk’s proposed compensation—recently valued at $46 billion—could dilute their existing holdings in Tesla. Shareholders will vote at the June 13 meeting on Musk’s pay package and other proposals, including moving the company’s incorporation to Texas, which Glass Lewis also advised against...

Tesla shareholders are being urged by a proxy advisory firm to oppose the reinstatement of CEO Elon Musk's $56 billion pay package after it was voided by a judge earlier this year...

The core PCE price index for April hits Friday. Salesforce, Best Buy and Chewy highlight earnings. GameStop cashes in on meme resurgence...

Blink Charging's stock weakens amid lackluster EV sector. Challenging revenue forecasts, but improved margins offer slight optimism...