ALL POSTS FILED UNDER: TESLA
Elon Musk heads to court over Tesla pay that made him the world’s richest person
Add a CommentTesla and CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him the world’s richest man. The week-long trial in Delaware Court of Chancery will examine the 2018 compensation plan that the automaker’s … Read more →
Elon Musk sells almost $4bn of Tesla shares
Add a CommentTesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (£3.4bn), filings with the US financial watchdog show. The news comes less than two weeks after the world’s richest man completed his $44bn … Read more →
Tesla adds chill and assertive self-driving modes
Add a CommentTesla’s automated driver assist feature has added an assertive driving mode. The setting will follow other cars more closely, change lanes more frequently, not leave the overtaking lane, and perform rolling stops. Such driver behaviour by humans is often discouraged … Read more →
Tesla profit surge driven by record car deliveries
Add a CommentTesla has reported surging profits, despite shortages of semiconductor chips and congestion at ports hampering production. Sales rose to $12bn (£8.6bn) in the three months to the end of June, up from $6bn a year ago, when its US factory … Read more →
Tesla overtakes Volkswagen as value hits $100bn
Add a CommentTesla has displaced Volkswagen as the world’s second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100bn (£76.1bn). The milestone sets the stage for chief Elon Musk to collect billions in … Read more →
(Selorm) | 
(Nana Kwesi)