Tesla Directors to Payback $735 Million to Company to Settle Overcompensation Lawsuit
According to a Monday filing in a Delaware court, Tesla’s directors will return $735 million to the electric car maker to settle claims from shareholders...
Tag : Tesla Inc
Cathie Wood’s Ark Sells Major Tesla Holdings, Again
Cathie Wood-led asset management company Ark Invest sold significant Tesla holdings on Tuesday, despite the stock reaching eight-month highs. Ark Invest offloaded 31,500 Tesla shares...
New Twitter CEO Linda Yaccarino to Takeover Today, Hires Trusted Adviser
Linda Yaccarino is all set to take over as the new Twitter CEO on Monday. Elon Musk will step down from the role as investors...
Ford to Use Tesla’s Charging Tech Starting Next Year
Ford CEO Jim Farley and Tesla CEO Elon Musk have announced a strategic partnership that will revolutionize electric vehicle (EV) charging. Starting early next year,...
Senior Tesla Execs to Visit India to Meet Govt. Representatives to Diversify Beyond China
Senior executives from Tesla Inc are planning to visit India this week aiming to strengthen the carmaker’s supply chain in the country and expand its...
Significant Changes in Investor George Soros’s Fund, Sells Entire Tesla Stake
Billionaire investor George Soros’s fund, Soros Fund Management, has significantly changed its investment portfolio, including a complete cash-out on its stake in Tesla. According to...
Musk Lost $13 Billion on 4/20, Owed to Tesla’s Disappointing Result, Starship Explosion and Twitter Blue Tick Removal
Elon Musk is anarchy incarnate, but not always cleverly and brilliantly. Elon Musk’s fortune plummeted in a volatile 24-hour period, including Tesla’s disappointing quarterly results,...
Wall Street Closes Sharply Lower in Biggest Weekly Loss of 2023
Wall Street’s main indexes posted their biggest weekly losses since 2023 after sharp losses on Friday. Investors braced for a more aggressive rate hike by...
Tesla Considers Buying Sigma Lithium, Shares Jump 21%
Shares of US-listed Sigma Lithium Corp rose 21% in extended trading on Friday after Bloomberg News reported that Tesla Inc was considering buying the Canada-based...
Tesla’s Best Week Since 2013 Bet Worst Week is Over
Tesla Inc’s biggest weekly gain since 2013 gave investors a glimmer of hope that after a disastrous 2022, the worst may finally be over for...