Tag TSLA

A California police department is testing out the use of Tesla Model Ys as patrol vehicles, while the outfitter is looking to supply Cybertrucks...

General Motors (GM) stock printed another day of fresh 52-week highs after the auto giant announced an additional $6 billion in stock buybacks...

Sector Update: Tech Stocks Mixed in Afternoon Trading...

If Tesla shareholders vote against restoring Elon Musk's $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of his other companies. If they approve the all-stock compensation package that was thrown out by a Delaware judge in January, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles, shifting to AI and robotics including autonomous vehicles, which Musk says is Tesla's future. Musk has threatened on X, his social media platform, to develop AI elsewhere if he doesn't get a 25% stake in Tesla (He owns about 13% now)...

US Equity Indexes Mixed in Midday Trading as Technology Gains Lift Nasdaq...

The vote on Elon Musk’s $46 billion Tesla pay package this week is so far too close to call, with the automaker and billionaire racing to drum up support in recent days. Tesla shareholders are expected to finish voting Thursday on a 2018 pay package that was set to award Musk stock options worth billions of dollars after he led Tesla to significant growth in the last five years. Votes have been trickling in for weeks but it isn’t yet clear if shareholders will sign off on the package, according to people familiar with the matter...

(Bloomberg) -- Tesla Inc. investors expecting the carmaker to build a business around robotaxis in short order are likely to be disappointed, JPMorgan Chase & Co. analysts wrote in a report.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareMusk to Ban Apple Devices If OpenAI Is Integrated Into OSApple Hits Record After Introducing ‘AI for the Rest of Us’Fed’s Higher-for-Longer Stance Hits Firms That Expected Rate CutNYC Landlord to Sell Office Building at Roughly 6...

General Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum. The Tuesday announcement follows a $10 billion share buyback authorization in November of last year. GM's shares are up 34% since the beginning of 2024...

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