The Delaware Supreme Court has scheduled oral arguments for October 15 to hear the case of Tesla Inc. CEO Elon Musk’s $56 billion compensation package. This package was initially struck down by a trial court in 2024. The court’s decision to hear the case comes after Musk and a group of Tesla board members appealed the ruling in a lawsuit filed by investor Richard Tornetta.
Tesla Sees 13,400 New China Registrations, July Sales Drop 12%
Tesla recorded over 13,400 new insured registrations in China from August 4 to August 10. This represents a significant increase of 71% compared to the previous quarter. However, the company’s sales in China for the quarter are still down 11% year-over-year (YoY) compared to the same period last year.
Key Executive Leaves Tesla as Company Faces Ongoing Brain Drain
Tesla, the electric vehicle giant, has lost another key executive as its North American Director of Service, Piero Landolfi, announced his departure from the company. Landolfi, who spent nearly nine years at Tesla, made the announcement on social media platform LinkedIn.
Tesla Stock Sees 1.6% Boost Following Significant Trading Indicator
Tesla Inc. (TSLA) experienced a significant event today, known as a Power Inflow, which is a crucial indicator for traders who follow smart money movements and value order flow analytics in their trading decisions.
Chinese Sales of Tesla Model Y and Model 3 Reflect Global Slump
Tesla Inc. has experienced a decline in sales in the Chinese domestic market, despite a surge in exports for the Model Y and Model 3. The sales figures for July show a significant drop in demand for these models.
Elon Musk Targets UK Energy Market as Tesla's Electric Vehicle Sales Stall
Tesla Inc. has applied for a license to supply electricity to homes and businesses in the UK, potentially disrupting the current energy market. The company, led by Elon Musk, has submitted an application to the UK energy regulator, Ofgem, for a license to provide electricity to households and businesses across England, Scotland, and Wales.
Elon Musk's Popularity Plummets in the US
Elon Musk has finished dead last in favorability in a recent Gallup poll, which asked Americans to assess 14 world figures. This significant decline in popularity can be attributed to his contentious tenure and the ensuing fallout with President Donald Trump.
Tesla's Valuation Under Scrutiny, Yet Momentum Remains a Dominant Force
Tesla Inc shares are trading higher, as investors digest a flurry of conflicting reports and focus on the long-term picture for the electric vehicle maker.
Steve Bannon Considers 2028 Presidential Bid, Questions JD Vance's Toughness for the Job
Former White House Chief Strategist Steve Bannon is contemplating a run for the U.S. presidency in 2028, which could cause a significant shake-up within the Make America Great Again (MAGA) movement.
Trump Defends Elon Musk Amid Mounting Criticism Over His Political Views
President Donald Trump has come to the defense of Tesla Inc. CEO Elon Musk, who has been facing increasing backlash over his political activities.