Tag TSLA

Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned...

On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. The EV pioneer Tesla Inc (NASDAQ: TSLA) has been leading the market when it comes to architecture that reduces the wiring and components in an electric vehicle to lower the cost of its manufacturing, but with the help of XPeng, Volkswagen will finally be able to compete with Tesla on the cost efficiency front. The new architecture wi...

Tesla (TSLA) filed its proxy statement ahead of the EV maker's June 13 shareholder meeting with two big requests: that shareholders vote to move Tesla’s state of incorporation to Texas and that they ratify CEO Elon Musk’s 2018 pay package that a Delaware judge rescinded earlier this year...

Stocks were mixed ahead of Fed data Wednesday. ASML sold off after earnings. Nvidia remained in a base...

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After a series of victories against the Detroit Three automakers last fall, United Auto Workers (UAW) President Shawn Fain is now trying to use his influence to organize other U.S. auto factories that have stayed out of the union's ambit. The UAW has tried and failed for years to organize nonunion U.S. auto factories, most of them built by Asian and European automakers in southern U.S. states where so-called right-to-work labor laws make it optional for workers to pay union dues...

FEATURE Tesla stock has been tumbling. ARK Invest’s Cathie Wood has been buying more shares. It’s been a tough year so far for Tesla. Through early trading Wednesday, its shares had fallen 37% in 2024...

Tesla is slashing roughly 14,000 jobs worldwide...

The fight over Elon Musk’s pay is back. Tesla board asked shareholders to again vote in favor of its CEO’s multibillion-dollar pay package. The board approved the pay proposal in 2018, but a Delaware court in January struck it down because it said the approval process was “deeply flawed.”...

Tesla stock was falling again early Wednesday as the company planned to ask shareholders to vote again on Musk’s 2018 pay package as part of its 2024 preliminary proxy statement. Musk’s massive 2018 options grant, valued at more than $55 billion when awarded, was voided by a Delaware judge in January, who cited inadequate disclosures made to shareholders. To correct things, Tesla’s board is asking shareholders to vote again...