The US Air Force has purchased two Tesla Cybertrucks for precision-guided weapons testing at the White Sands Missile Range in New Mexico. This decision is based on the Cybertruck’s unmatched resilience, which makes it an ideal candidate for such drills.
Uncovering Tesla's Most Recent Trading Patterns
Whales with significant financial resources have taken a noticeably bullish stance on Tesla. An analysis of the company’s options history reveals 183 trades, with 50% of investors opening trades with bullish expectations and 39% with bearish expectations.
Elon Musk Dismisses Investor Concerns Amid New Lawsuit Following $243 Million Tesla Verdict
Tesla Inc. is facing a proposed class action lawsuit filed by investors over the company’s Robotaxi claims. The lawsuit accuses Tesla and CEO Elon Musk of securities fraud, alleging the company concealed significant risks associated with its Robotaxi program.
Tesla's China Sales Dip 12% Weekly, Yet Q2 Sees 46% Growth
Tesla Inc. has recorded a 12% year-over-year drop in its Chinese sales for the week of July 28 to August 3. Despite this decline, the company has seen quarterly growth in registrations in China.
Tesla Secures Elon Musk's Future with New Compensation Plan
A new pay package for Tesla Inc. CEO Elon Musk is expected to alleviate one of the factors holding back the price of the electric vehicle company’s shares. According to Wedbush analyst Dan Ives, this move is crucial as the company begins to focus on the AI sector, which is highly competitive for talent.
Tesla Stock: What's Behind Today's Price Movement
Tesla Inc shares have seen an upward trend in early Monday trading following the approval of CEO Elon Musk’s compensation package. This move has sparked significant interest, with the company announcing an award of 96 million shares of restricted stock to Musk.
Tesla Deems Retaining Elon Musk 'Crucial' as $29 Billion CEO Compensation Package Begins
Tesla has announced that it will begin the process to compensate CEO Elon Musk with a new pay package worth around $29 billion. In a statement, the company highlighted that Musk hasn’t received “meaningful compensation in eight years” since 2017. The company believes that retaining Musk as CEO is “more important than ever before” as Tesla is at “a critical inflection point that has the potential to create continued extraordinary value” for shareholders.
Trump's Envy of Musk's Wealth Could Lead to a Targeted Attack, Ex-Lawyer Claims
A former personal attorney of President Donald Trump has come forward with a prediction that Trump may set his sights on the fortune of tech magnate Elon Musk. This forecast comes after a recent spat between the two, with Trump’s former attorney, Michael Cohen, speculating that Trump’s envy of Musk’s wealth could lead to a targeted attack.
Elon Musk Fears Losing Grip on Tesla Amid Denials of Share-Linked Personal Loans
Elon Musk, the CEO of Tesla Inc., has expressed concerns over potentially losing control of the electric vehicle giant due to the influence of activist shareholders. As the current owner of a 12.8% stake in Tesla, Musk is apprehensive about being dethroned by shareholders who may not align with his vision for the company’s future.
Tesla Ordered to Pay $243 Million in Damages Over Fatal Autopilot Accident
A Florida jury has ruled against Tesla Inc., ordering the company to pay $243 million in damages stemming from a 2019 fatal crash involving its Autopilot feature. The incident occurred when a Tesla Model S collided with a parked SUV, resulting in the death of Naibel Benavides Leon and severe injuries to her former boyfriend, Dillon Angulo.