Elon Musk to seek Tesla board approval for €4.6bn injection into xAI start-up
Move would see questions resurface over conflicts of interest as EV maker seeks to recast itself as robotics and AI group
Move would see questions resurface over conflicts of interest as EV maker seeks to recast itself as robotics and AI group
The median chief executive compensation packag was €2 million last year.
Stock sheds €90 billion as share price slides 12% on falling deliveries and profit margins
Iseq index shed 0.6% despite relief for Ryanair
Lowest quarterly profit margin in more than five years comes as EV car manufacturer looks to stem sagging demand
The pan-European Stoxx 600 index closed 0.9 per cent higher, coming off a five-day losing run
Nvidia alone lost over $200bn in market value on Wednesday
Hertz scales back 100,000 Tesla order after resale values plummet much faster than expected
The EV maker is on the rise once again even amid lacklustre results
However, overall new electric car sales have decreased by 25 per cent for the first six months of this year
A recent study suggests American chief executives are getting worse
It’s not in keeping with Vanguard’s brand to approve the biggest compensation deal in corporate history
Shareholders voted in favour of huge pay deal over concerns Musk ‘would become less engaged’ if it were rejected
Helping to separate electric vehicle myths from facts, we’re here to answer all your EV questions
Figures follow Elon Musk’s triumph over record $56bn Tesla package
The active fund giant has only 2% per cent of client money invested in companies with business related to fossil fuels, well below market average
The margins of victory surprised even those inside the company and bolsters Musk’s efforts to reassert control
Shareholders also back shifting corporate base to Texas
Proxy shareholder advisers have recommended voting against the CEO payment which was nullified by a US court earlier this year
Shareholders backed deal in 2018 when company was worth $50bn but judge struck it down in January
Shareholders approving Musk’s pay deal seem like turkeys voting for Christmas
Musk’s compensation has been hotly contested
Cold War was a ‘cakewalk’ compared to the complexities of the current situation, says expert
Japanese carmakers unveil latest technology for hybrid vehicles
How does electric carmaker Telsa have a lower ESG score than US oil major Exxon, a company that spent decades trying suppress information about climate change?
Analyst says Tesla boss trying to limit retaliatory action for US companies in China, with carmakers ‘petrified’ of being shut out of Chinese market
EU anti-subsidy investigation is unlikely to extinguish the threat of a cheap BYD car that includes rotating touch screen and wireless phone charging
Some 16% of drivers said they’ve been stranded with a flattened battery, but almost all say they’ll buy another EV next
From 2026, the crash-testing experts will strip safety points from cars that overly rely on touchscreens
Oracle of Omaha says he doesn’t know where the major car companies will be in five or 10 years
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Inquests into the nightclub fire that led to the deaths of 48 people
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