Tesla's board seeks investor approval for CEO Elon Musk's compensation plan worth up to $1 trillion, citing his leadership as vital for the company's growth.
Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Tesla's new performance award plan for CEO Elon Musk, how realistic Tesla's growth plan is, Tesla's potential investment in xAI, and more.
This is a developing story.
The arrangements could see the CEO awarded various installments of shares dependent on Tesla hitting a series of milestones.
I maintain a strong buy on Tesla, Inc., and see the current YTD weakness as a foundation-building phase for long-term investors. Tesla's robotaxi rollout and regulatory progress reinforce my thesis of Tesla evolving into an AI-driven mobility platform. Despite fierce competition from Waymo and Chinese EV makers, Tesla's future value lies in its AI, robotics, and energy businesses.
BMW has spent billions of dollars to launch an “all software, all the time” electric vehicle (EV).
Tesla books about 600 orders in India debut, and shipments in China slump for another month. Bloomberg's Craig Trudell discusses global demand for Tesla's electric vehicles, and Elon Musk's plan to derive value from robots in the future.
Tesla (TSLA) CEO Elon Musk has long touted humanoid robots as key to the electric vehicle maker's future. Now he's putting a number on its value.
For years, Elon Musk has spoken of the promise of Dojo, the AI supercomputer that was supposed to be the cornerstone of Tesla's AI ambitions. It was important enough to Musk that in July 2024, he said the company's AI team would “double down” on Dojo in the lead-up to Tesla's robotaxi reveal, which happened in October.
TSLA trims Model 3 prices in China as demand weakens and competition from BYD and others intensifies.
Tesla scheduled its shareholder meeting for November 6, the first since its sales and shares declined. Tesla rejected 11 investor proposals calling for accountability and sustainability.
Tesla's auto sales soared in Turkey in August, reaching the No. 2 spot ahead of traditional European and Japanese rivals, as the U.S. brand benefited from buyers' seeking tax breaks and a currency hedge.