Proxy advisory firm Glass Lewis has advised Tesla shareholders to vote against CEO Elon Musk's proposed $56 billion compensation package, the largest ever proposed for a corporate executive in the United States.

Proxy firm urges Tesla shareholders to reject Musk's $56 bn pay package

Proxy advisory firm Glass Lewis has advised Tesla shareholders to vote against a USD 56 billion compensation package proposed for CEO Elon Musk, potentially making it the largest pay deal for a CEO in corporate America.

Glass Lewis advises Tesla shareholders to reject Musk’s USD 56 bn pay package

SpaceX, the aerospace company founded by Elon Musk, made history on February 6, 2018, with the launch of the Falcon Heavy rocket. What made this particular launch even more unique and captured the world's imagination was the payload - Elon Musk's own cherry-red Tesla Roadster.

Tesla car Roadster is in space. But do you know WHERE it is right now?

Tesla Inc. CEO Elon Musk expressed opposition to US tariffs on Chinese electric cars (EVs) on Thursday, reversing his past cautions about the importance of trade barriers.

Tesla's Musk opposes new US tariffs on Chinese EVs, reverses previous stance

Tesla CEO Elon Musk has come out against the recent US tariffs imposed on Chinese Electric Vehicles. These tariffs represent a 400% increase, effectively raising the import duty to 100%. The move aims to protect American manufacturing jobs in the face of growing competition from China.

Tesla's Musk opposes 100% tariff hike on Chinese EVs

After more than a year of silence, Tesla has finally released its Autopilot safety data report. The latest report provides crucial insights into the performance of Tesla's Autopilot technology, shedding light on its safety compared to non-Autopilot driving and industry averages.

Tesla releases autopilot safety data after year-long hiatus

Electric vehicle giant Tesla is taking proactive measures to safeguard its supply chain by urging suppliers to establish production facilities outside of China and Taiwan.

Tesla looks past China, Taiwan for parts supply

A group of Tesla shareholders is urging investors to vote against a $40 billion compensation package for CEO Elon Musk, claiming it is not in the company's best interest.

Tesla shareholders oppose Musk’s pay

Tesla is revving up production of its electric Semi truck, announcing the delivery of 50 more units to PepsiCo, according to Dan Priestly, head of Tesla's Semi division.

Tesla to deliver 50 more Semi trucks to PepsiCo

Amidst decreasing sales and an intensifying price war, Tesla revealed its plan to lay off another 601 employees in California in a notice to the state government.

Tesla to cut around 600 more jobs in California

US EV maker Tesla has settled a lawsuit by a former factory employee who alleged that she was fired by the company for complaining about severe sexual harassment, Reuters reported.

Tesla settles sexual harassment lawsuit by factory worker

Many protesters expressed dismay to the expansion of a Tesla plant in Grünheide, near Berlin, clashed with police last week when some of them attempted to barge in the electric vehicle manufacturing facility.

Protestors try to attack German Tesla factory, clash with police

US prosecutors are delving into possible securities and wire fraud by Tesla, investigating allegations of deceptive claims regarding the capabilities of its Autopilot and Full Self-Driving systems, Reuters reported citing sources familiar with the matter.

US prosecutors probe Tesla's autopilot claims for potential fraudulent misrepresentation

Tesla is facing a federal investigation by the US Department of Justice. Prosecutors are examining whether tesla misled investors and consumers about the capabilities of its autopilot and full self-driving technologies. These driver-assistance systems have been linked to several crashes, including fatalities.

Tesla under investigation for possible fraudulent claims | World Business Watch

During his recent visit to China, Tesla CEO Elon Musk proposed testing the company's advanced driver-assistance package in the country by deploying it in robotaxis, state-backed China Daily newspaper reported on Wednesday.

Tesla CEO Elon Musk proposed to launch robotaxis in China during April visit

Recent reports from tech publication Electrek revealed that electric vehicle manufacturer Tesla has initiated layoffs within its software, service, and engineering departments.

Tesla lays off employees in software and service divisions while restructuring

In a surprising turn of events, electric vehicle startup Pravaig dynamics has extended job offers to interns whose summer internships at tesla were recently revoked. This follows a cost-cutting measure by tesla CEO Elon Musk, which resulted in a global workforce reduction of over 10%. Impacted included hundreds of employees and the entire 500-person supercharger division.

Indian EV startup offers alternative path for Tesla interns

Elon Musk-led car maker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name "Tesla power". The US Company is also seeking damages and a permanent injunction against the company.

Tesla sues Indian battery maker for infringing its trademark

Tesla has witnessed a significant shakeup in its executive bench, with at least five high-ranking members departing from the company. A little over a year ago, Elon Musk had showcased a lineup of 16 executives during Tesla's investor day.

Tesla undergoes executive overhaul as Musk implements strategy shifts: Report

Tesla has veered away from its ambitious plans for next-generation gigacasting, a new manufacturing technique, Reuters reported citing sources familiar with the matter.

Tesla retreats from next-generation ‘gigacasting’ while competition intensifies: Report

The Tesla Cybertruck looks radical from all angles courtesy of its sharp cuts and creases. It also boasts a stainless steel body that is missing in its Chinese design rip-off.

Chinese Tesla Cybertruck copycat is here

Elon Musk, the world's third-wealthiest individual, has seen his net worth increase by an astonishing $37.3 billion in the last five days, his largest weekly gain since March 2022.

Elon Musk's net worth soars alongside Tesla stock

Elon Musk has made significant staff changes at Tesla, letting go of two senior executives and announcing plans for further job cuts. The decision comes in response to decelerating sales and an aggressive price war, resulting in Tesla's first quarterly revenue drop since 2020.

Tesla shakes up staff amid revenue decline

Tesla's CEO Elon Musk's recent visit to Beijing yielded progress towards the rollout of the automaker's advanced driver-assistance package in China, propelling Tesla shares by nearly 18 per cent on Monday.

Tesla's shares surges as China backs Elon Musk's full self-driving initiative

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