Tesla, Inc. (TSLA)
Tesla Shareholders Are Voting On Elon Musk's Pay Package. What We Know And What's At Stake.
The Tesla vote on Elon Musk's $56 billion compensation deal is underway as executives look to drum up retail investor support.
June Will Be an Extremely Important Month for Tesla
Here's everything you need to know about the electric vehicle maker's week.
Why Tesla's stock can't break above $200
Shares of Tesla Inc. (NASDAQ:TSLA) are currently trading near $178, reflecting a significant dip from its all-time high of over $400. However, this price is a recovery from its January 2023 low of around $100.
Faraday Future stock is beating Tesla: is it a good buy?
Faraday Future Intelligent Electric (NASDAQ: FFIE) stock price is beating Tesla this year as the meme frenzy gains steam. It surged by over 95% in the pre-market session having jumped by over 8,000% from its lowest level this year.
Tesla staff left playing 'Squid Game' amid Elon Musk's ongoing layoffs
Tesla staff are living in limbo as Elon Musk's job cuts continue. The layoffs are likely to continue through at least June, Bloomberg reported.
Tesla Seat-Belt Scare Over? NHTSA Closes Year-Long Model X Probe After Recall Of Nearly 16K EVs
The U.S. auto safety regulator on Monday closed its year-long probe into over 100,000 Tesla Inc TSLA Model X SUVs over concerns with its seat belts after the EV giant issued a recall aimed at fixing them. What Happened: The National Highway Traffic Safety Administration (NHTSA) opened the preliminary evaluation into model year 2022 and model year 2023 Model X SUVs in March 2023, after receiving two complaints from consumers alleging issues with the front seat belts. The complainants alleged that the front seat beats suddenly detached from the outboard lap pretensioner anchor while the vehicle was moving. Tesla subsequently issued a safety recall for nearly 16,000 Model S and X vehicles in July. As for a remedy, the company said it would inspect these belts for proper connection to the pretensioners, resecure the pretensioners, or replace the seat belt retractor assembly if needed. The agency on Monday closed the probe in light of the actions taken by the EV maker. However, it reserves the right to take action in the future if need be, the agency added. Why It Matters: Earlier this month, the NHTSA closed another three-year-old probe into about 160,000 Tesla vehicles that it had commenced over concerns about loss of rearview camera display after the company issued a recall that it deemed sufficient. However, late last month, the NHTSA opened a probe into Tesla’s recall of over 2 million vehicles equipped with Autosteer from December. The agency is now probing if the proposed remedy of a software update sufficiently addressed safety concerns in the recall. Check out more of Benzinga’s Future Of Mobility coverage by following this link. Read More: Tesla Bull Gary Black Expects CEO Elon Musk’s $56B Pay Package To Be Reinstated; ‘…Should Eliminate Any Possibility Of Elon Leaving’ Photo courtesy of Tesla © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Tesla's chair confirms she's had tough conversations about Elon Musk's unexpected social-media posts
Tesla chair Robyn Denholm joked that she wished Twitter, now X, didn't exist. Tesla CEO and X owner Elon Musk's posts on the platform have got him into trouble in the past.
U.S. regulator closes preliminary review of Tesla's Model X over seat belt issues
The U.S. auto safety regulator closed the preliminary evaluation of certain Model X vehicles over seat belt issues, the National Highway Traffic Safety Administration said on Monday.
Tesla Is Positioning Itself to Become the Largest Car Maker
Tesla aims to become the cost leader in the automotive industry. Tesla aims to launch affordable car models in 2025.
Tesla Made Its 3 Millionth Car in California. What That Means.
Tesla stock heads into a new week of trading down 29% this year, but up about 25% from its 52-week closing low.
Elon Musk Wants Giga Texas Roof To Spell Out 'TESLA' Amid Solar Panels, Bright Enough To Be Seen At Night From Airliners Flying Into Austin
Tesla CEO Elon Musk detailed his plans for the company’s gigafactory in Texas, including lighting up the company’s nameplate so brightly that it is visible from airliners flying above. What Happened: Musk said that the roof of the company’s gigafactory in Texas will be fully covered by solar except for the word “Tesla.” Instead, the company nameplate will be outlined in light to make it visible from airliners flying into Austin, he said. “And the roof will be fully covered by solar, except for the word ‘TESLA’, which will be gently outlined in light, so you can see it at night from airliners coming into Austin,” he posted on social media. The rear portion of the factory extension, meanwhile, will be a “super dense, water-cooled supercomputer cluster,” Musk added. The CEO was responding to aerial shots of the factory being circulated on social media platform X. Why It Matters: Tesla's Giga Texas covers 2,500 acres along the Colorado River. Presently, the factory floor is spread over only 10 million square feet, offering considerable potential for further expansion. During the company's third-quarter earnings call in October, Musk highlighted that Tesla occupies only a fraction of the available land at Giga Texas, emphasizing the ample space for scaling and research on-site. The factory is currently the manufacturing hub for Tesla’s best-selling Model Y and its newest offering, the Cybertruck. In January last year, it was reported that the company is looking to spend over $770 million on expanding its Austin-based factory, including adding new facilities. Earlier this year, Musk said that the size of the factory would be “pretty close” to the length of a Star Destroyer from “Star Wars” or approximately 1600 meters long upon completion. Check out more of Benzinga's Future Of Mobility coverage by following this link. Read More: Tesla Bull Gary Black Expects CEO Elon Musk's $56B Pay Package To Be Reinstated; ‘…Should Eliminate Any Possibility Of Elon Leaving' Photo via Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Forget Musk Vs. Zuckerberg Fight, Tesla CEO Recalls Duel With Sumo Wrestler That Gave Him 'Few Minutes Of Glory' And '8 Years Of Neck Pain'
Tesla Inc. CEO Elon Musk reminisced about a sumo wrestling match that left him with long-term neck pain. What Happened: Musk, on Sunday, responded to a post with a photo of his match, saying it was "a few minutes of glory and 8 years of neck pain." See Also: Elon Musk Reacts After Doge Designer Says Meta ‘Would Be Trillionaires By Now’ If They Had A Dollar For Every Child Safety Investigation This isn’t the first time he has brought up the match. In March 2022, Musk challenged Russian President Vladimir Putin to single combat for Ukraine. In 2022, when then-Binance CEO Changpeng Zhao questioned Musk’s fighting skills, Musk shared a picture of his sumo match. Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox. Why It Matters: Musk’s physical prowess has been a topic of interest in the tech world. His challenge to Putin and subsequent mention of the sumo match sparked a debate on his fighting abilities. The proposed cage match with Zuckerberg also garnered significant attention, with UFC CEO Dana White saying it could have been the “biggest fight ever.” Despite the hype, the match never took place. Musk’s recent mention of his fight with the sumo wrestler suggests that the idea is still on his mind. Meanwhile, Musk’s nemesis, Zuckerberg, has also been showing off his physical fitness, picking up mixed martial arts during the COVID-19 pandemic. Check out more of Benzinga’s Consumer Tech coverage by following this link.
