Every EVXL story tagged “Elon Musk” — newest first.
Self-Driving Tesla Crashes into Parked Patrol Vehicle A Tesla Model S in self-driving mode crashed into a parked police car in Orange County, California, on the same day Elon Musk’s substantial pay package was approved at Tesla’s annual shareholders meeting in Austin, Texas. Tesla Model S Incident Details Early Thursday morning, a Fullerton Police Department…
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…
Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks ago, Tesla revealed that shareholders who voted their shares would have a shot at a…
Tesla’s CEO Elon Musk has clarified that the company will not launch a refreshed Model Y this year, despite continuous improvements to the vehicle’s design and performance, reports Reuters. Musk’s Announcement On Saturday, Elon Musk took to social media platform X to announce that a refreshed Model Y would not be released this year. “No…
New Rule Requires 65 MPG by 2031 The Biden administration announced new vehicle fuel mileage standards on Friday, aiming to transform the American auto market towards electric vehicles (E.V.s). By 2031, automakers must achieve an average of 65 miles per gallon across all models, reports The NY Times. Pushing for Electric Vehicles This new regulation,…
In a recent close-up photo of a Tesla Cybertruck’s circuit board, an intriguing Easter egg has been spotted. The board includes the words “Hi Sandy!” printed on it, a clear reference to Sandy Munro, a renowned automotive engineer known for his detailed teardown analyses of vehicles, including Tesla models. The Easter Egg and Its Significance…
Tesla is standing by CEO Elon Musk’s $56 billion pay package, arguing it motivated him to create “tremendous value” for shareholders. This comes after top proxy advisory firm Institutional Shareholder Services (ISS) recommended shareholders vote against the proposal, calling it “excessive.” ISS Recommendation and Tesla’s Response According to Reuters, ISS raised concerns over Tesla offering…
Tesla’s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment platforms, reports the Financial Times. Key Resolutions and Challenges The electric vehicle maker is seeking…
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