Tesla, Elon Musk
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Given the chance to talk about the tricky game of selling electric vehicles right now with minimal support from the U.S. government, Tesla CEO Elon Musk chose Wednesday to talk about: The wider distribution and possible impact of Tesla's Robotaxi.
Billionaire Elon Musk has begged investors to give him his $1 trillion dollar bonus, despite Tesla suffering a 37 percent drop in profits this quarter.
Elon Musk, the world’s richest man, has come out swinging against the “corporate terrorists” opposing his proposed $1 trillion pay package at Tesla, which would also hand him a bigger chunk of the electric car empire, in what would be the largest compensation deal in history.
Tesla CEO Elon Musk told investors on the company’s earnings call Wednesday that Tesla and its strategy is at a “critical inflection point,” as it shifts focus on “real-world” applications of AI.
1don MSN
Tesla’s profit fell in third quarter even as sales rose. Musk sees robotaxi expansion by year end
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply.
The Austin automaker sold more cars in this year’s July-September period than a year ago but earned less per unit because it slashed prices.
That pay package, according to Tesla, will keep Musk focused and committed to the company, and it’s contingent on unprecedented and unrealistic milestones that no other executive would be able to achieve for the business.
A viral TikTok by Farah Nasser alleges Grok told her child to 'send nudes', renewing calls from consumer groups and experts for investigations and stricter safeguards.
The cheaper Standard variants and Tesla's offers and discounts to stave off competition globally have pressured the company's once-enviable margins, worrying investors.