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ISS urges Tesla shareholders to reject Elon Musk’s $1 Trillion pay package

An influential proxy advisory firm has called on Tesla shareholders to vote against CEO Elon Musk’s massive $1 trillion compensation plan, warning that the proposal raises “significant concerns” about its size and structure. In a report released Friday, Institutional Shareholder Services......

Tesla pauses Optimus robot production to fix major hand and arm design flaws

Tesla has suspended mass production of its humanoid robot, Optimus, after engineers identified critical design flaws in the robot’s hands and arms, components essential for performing precise, real-world tasks. According to TechSpot, the company has temporarily halted rollout plans to redesign......

Elon Musk’s fortune surpasses 500 billion dollars, the highest in the world

Elon Musk’s net worth briefly crossed the threshold of 500 billion dollars on Wednesday, consolidating his position as the world’s richest person, according to Forbes. The Tesla and SpaceX CEO reached 500.1 billion dollars before his fortune dipped back to 499.1 billion, as reported by Forbes’......

Teen’s body found in Tesla linked to viral musician sparks investigation

Police in Los Angeles are investigating the mysterious death of 15-year-old Celeste Rivas, whose body was discovered in the trunk of a Tesla registered to viral musician d4vd (David Anthony Burke). The decomposed remains were found on September 8 in Hollywood Hills, months after Rivas was reported missing......

Elon Musk’s $1 billion Tesla stock buy sparks investor optimism amid EV market challenges

Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......

Decomposed body discovered in singer D4vd’s abandoned Tesla in Los Angeles

A decomposed body was found Monday inside a Tesla belonging to singer D4vd at a Los Angeles impound lot, prompting a death investigation by authorities. Los Angeles police responded to the impound lot on North Mansfield Avenue after staff reported a strong odor emanating from the vehicle. Upon inspection,......

Tesla outlines $1 trillion pay package for Elon Musk tied to ambitious growth targets

Tesla has unveiled a groundbreaking compensation plan for its CEO, Elon Musk, potentially valued at $1 trillion. The proposal, which could become the largest executive pay package in corporate history, will be presented to shareholders for approval at the company’s annual meeting on November 6......

Tesla's six-seat Model Y L secures 120,000 orders in China, revitalizing sales momentum

The new six-seat Model Y L from Tesla has emerged as a strategic success in China, amassing over 120,000 orders since its debut on August 19. Averaging nearly 10,000 orders daily, the SUV began deliveries on September 2, marking Tesla’s most significant product expansion in the Chinese market in......

Xpeng's new electric sedan hits 10,000 orders in under 7 minutes

Chinese electric vehicle manufacturer Xpeng has made headlines with a stunning commercial success: its new P7 electric sedan received 10,000 orders in just 6 minutes and 37 seconds after launch. The overwhelming demand highlights the growing confidence of Chinese consumers in domestic EV brands —......