The latest Tesla Cybertruck recall issue involves an off-road accessory that could detach.
5.1 million. That's how many vehicles Tesla recalled in the U.S. last year, the most of any automaker, according to NHTSA data, though most notices were addressed through over-the-air software updates.
Ford Motor Co. (NYSE: F) posted a strong quarter, and its stock rose to a 52-week high of almost $14.
Tesla is recalling nearly 6,200 Cybertrucks because it used the wrong type of glue for an off-road light bar. The issue could cause the light bar accessory to fall off while driving, according to a recall notice.
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After consolidating for most of October, shares of Tesla Inc. NASDAQ: TSLA are once again knocking on the door of a potential breakout. The stock closed around $450 on Monday, Oct. 27, only a few percent shy of the $470 high from earlier in the month, and there are reasons to think more gains could be on the way.
Tesla Inc.'s (NASDAQ: TSLA) sales problems around the world continue.
Tesla shareholders are set to vote on Elon Musk's $1 trillion pay plan on November 6. Proxy firms have criticized the massive pay package, leading Musk to brand them "corporate terrorists.
"There is no other person that is Elon," says Tesla Board Chairman Robyn Denholm as the company prepares to name a new chief executive officer from inside if shareholders reject Elon Musk's proposed $1 trillion pay package and he steps down Click Here
Tesla is looking at internal CEO candidates if Elon Musk leaves in case the $1 trillion pay plan is not passed at the annual shareholder meeting next week, Bloomberg News reported on Tuesday, citing the automaker's board chair.
Shareholders will have until November 5th to vote for the current proposed pay package for Tesla ( TSLA ) CEO Elon Musk. The pay package could be valued at a staggering $1 trillion if lofty performance targets are met over the next decade.
Tesla, Inc.'s $1T CEO compensation plan, if approved, removes a major "Elon Musk might leave" overhang. I believe the CEO is what sustains Tesla's premium and, if cleared, a relief rally is likely. If the plan fails, Elon could leave Tesla. In that scenario, I see TSLA stock rerating toward auto peers, with a 90% downside at 35x next-year P/E. Fundamentals aren't the bull driver. Energy storage grew 44% YOY but took $200M of $400M Q3 tariff headwinds. Auto revenue was up just 5.9% YoY, with market share declining.