Every EVXL story tagged “California” — newest first.
Musk’s Lucrative Compensation Plan Gets Green Light Tesla shareholders have reaffirmed a massive $45 billion pay package for CEO Elon Musk, overturning a court decision that blocked the award. The vote, which took place at Tesla’s annual meeting in Austin, Texas, signals strong shareholder confidence in Musk’s leadership despite ongoing controversies and legal battles, reported…
Lucid Motors, the luxury electric vehicle (EV) company, is cutting about 400 jobs as the EV industry faces slow growth. According to a recent SEC filing, this layoff round will affect 6% of Lucid’s staff by the end of October, with most layoffs impacting California employees, according to SFGate. Layoffs to Hit All Levels In…
PepsiCo Adds 50 Tesla Semi Trucks to Fresno Fleet PepsiCo is boosting its electric vehicle lineup with 50 new Tesla Semi trucks, set to operate from its Fresno, California, facility in the coming months. Key Points “Our fleet electrification is an important part of our pep+ (PepsiCo Positive) strategy and illustrates how sustainability is a…
A Desperate Bid to Survive Electric vehicle (EV) manufacturer Fisker Inc. is closing its Manhattan Beach headquarters and relocating employees to La Palma, Orange County, as part of an effort to stave off bankruptcy. This move is coupled with a $3.5 million short-term loan to keep the company afloat while it seeks potential acquisition or…
Major Job Cuts Hit Tesla in California Tesla has announced significant layoffs in California, cutting over 600 jobs across its manufacturing and engineering sectors. These job cuts are part of a broader reduction strategy the company has been implementing this year, reports Forbes. Overview of the Layoffs Tesla plans to eliminate 601 positions at its…
A recent ruling has propelled Tesla into the legal spotlight as a federal judge determined that the company must face a lawsuit alleging fraudulent claims about its self-driving capabilities. The case, brought by California resident Thomas LoSavio, centers on statements made by Tesla and its CEO, Elon Musk, suggesting their cars could achieve full autonomy,…
California is home to countless innovations, but this year, the Tesla Model Y has been named the cream of the crop. The California Manufacturers and Technology Association (CMTA) hailed this electric beauty as the “Coolest Thing Made in California”. And given the competition, that’s no small feat. Starting in August, Californians voted for their top…
The Equal Employment Opportunity Commission (EEOC) has lodged a lawsuit against Elon Musk’s Tesla, alleging an extensive pattern of racial abuse at its Fremont, California facility. According to the suit, Black employees at the plant encountered consistent racial harassment, including threats, graffiti, and racist symbols, from 2015 onwards. The lawsuit, filed in Oakland’s federal court,…
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