Legal experts say that Thursday's vote does not automatically mean Musk will receive the payout, but that the win could strengthen Tesla's appeal of the Delaware ruling. Tesla shares rose 0.7 percent in after-hours trading.
AFP News
Jun 14, 2024
Musk's comments come following Apple's announcement on the incorporation of AI features across its apps and operating platforms.
Kiran Tom Sajan
Jun 11, 2024
The deal between Tesla and Baidu brings Elon Musk's company closer to rolling out full FSD in China.
Ann Resuma
Jun 10, 2024
This will be the second vote by shareholders on the CEO's pay, after a Delaware judge nullified the first vote earlier this year.
Litty Simon
Jun 08, 2024
Musk has claimed that he will be able to make Tesla into an AI & robotics leader, and that this will require thousands of processors from NVIDIA in order for the required infrastructure to be built.
Ann Resuma
Jun 04, 2024
Musk, who met with Trump in March, reportedly maintains regular contact with the former president, discussing topics ranging from technology to immigration.
Kiran Tom Sajan
May 30, 2024
Elon Musk's AI company xAI raised $6 billion to advance its technology and bring products to market, with plans to build a supercomputer and expand research.
Kiran Tom Sajan
May 28, 2024
Elon Musk just launched SpaceX's Starlink in Indonesia and plans to invest more after.
Ann Resuma
May 20, 2024
The social network formerly known as Twitter has fully migrated over to X.com, owner Elon Musk said on Friday.
AFP News
May 17, 2024
Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.
AFP News
May 10, 2024
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
AFP News
Apr 30, 2024
The US Supreme Court on Monday declined to hear an appeal by Elon Musk of a settlement that requires the billionaire to have some of his social media posts about Tesla pre-approved by a company lawyer.
AFP News
Apr 29, 2024
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, who promised the country would "always" be open to foreign firms.
AFP News
Apr 28, 2024
Musk aims to meet senior Chinese officials in Beijing to discuss the deployment of Full-Self Driving (FSD) software in China.
Litty Simon
Apr 28, 2024
Tesla has initiated price cuts across its vehicle lineup globally in response to declining sales, following its recent announcement of a decrease in global vehicle deliveries for the first time in nearly four years during the first quarter.
Kiran Tom Sajan
Apr 22, 2024
Tesla will ask its shareholders in June to ratify a multi-billion-dollar 2018 pay package for CEO Elon Musk that was squashed by a US court earlier this year.
AFP News
Apr 17, 2024
Electric vehicle manufacturer Tesla is implementing significant workforce reductions, amounting to over 10% of its global staff, or at least 14,000 roles, amid declining sales and intensified competition in the electric vehicle market.
Kiran Tom Sajan
Apr 16, 2024
In an order seen by AFP, Judge Alexandre de Moraes accused the owner of X of "criminal instrumentalization" of the platform.
AFP News
Apr 07, 2024
X, formerly Twitter, surprises users by reinstating the blue verification badge to select prominent accounts.
Jarin Noshin
Apr 04, 2024
Tesla's disappointing first-quarter sales figures lead to a 7% drop in shares, marking its first year-over-year decline since the pandemic began.
Jarin Noshin
Apr 02, 2024
A US court on Monday rejected social network X's lawsuit against a nonprofit that had reported a spike in misinformation and hate speech on the platform since billionaire Elon Musk's takeover.
AFP News
Mar 25, 2024
Today, the EV pioneer has made some gains in the Chinese market, but it is facing enormous pressure from scores of domestic EV makers. They threaten to turn the company's foray into the Chinese market from an asset to a liability.
Panos Mourdoukoutas Ph.D.
Mar 20, 2024