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After a Delaware court threw out Elon Musk's $56 billion pay package on Tuesday, the Tesla chief executive and a board seen as captive to him must find a way to negotiate a replacement contract. It will not be easy.
NEW DELHI — Elon Musk's carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name «Tesla Power» to promote its products, seeking damages and a permanent injunction against the company from a New Delhi judge.
All but two states require that drivers have car insurance, yet a recent MarketWatch Guides study found that one in eight drivers (12.5%) were uninsured. It ranked the states with the highest percentages of uninsured drivers, and none of them included the two where insurance is optional.
Tesla shares surged nearly 14% on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales would rise this year and plans to roll out more affordable models in early 2025.
AUSTIN, Texas — Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware to Texas.
Tesla's first-quarter delivery figures that are expected to be released next week are forecast to be relatively soft amid intensifying competition and lagging demand — a dynamic that has investors on edge ahead of the release.
Nine states are planning to ban new gasoline-powered vehicle sales by 2035 as part of an initiative to cut climate-warming emissions.
Forty-one state attorneys general penned a letter to Meta’s top attorney on Wednesday saying complaints are skyrocketing across the United States about Facebook and Instagram user accounts being stolen, and declaring “immediate action” necessary to mitigate the rolling threat.
Not every CEO in charge of a publicly traded stock market giant gets to act like Elon Musk. The world's richest man may have Robyn Denholm to thank for that.