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Tesla Skips Merit-Based Stock Awards, Signaling Potential Shift in Compensation Strategy
Tesla has reportedly decided to forgo merit-based equity awards for salaried employees this year, signaling a potential shift in the company’s compensation philosophy. Traditionally, high performers at Tesla have been rewarded with merit-based stock grants […]
Ford Offers New Mustang Mach-E Incentives to Boost Year-End Sales
Ford has launched two new offers to drive up sales of the Mustang Mach-E as the year comes to a close, offering incentives on both fleet sales and extended range models. In a recent bulletin […]
Canada announces plan to phase out sales of gas-powered cars and trucks by 2035
Canada has officially unveiled new regulations set to phase out the sale of new gas-powered vehicles by 2035. Environment Minister Steven Guilbeault presented the Electric Vehicle Availability Standard on Tuesday, some of the details of […]
Tesla to finally add adaptive headlights, but only for upgraded Model 3
Tesla will finally be adding adaptive headlights to its list of features soon. However it appears as though the feature will only be included on the upgraded Model 3, known as Project Highland, at least […]
Nio secures $3 Billion from Abu Dhabi’s CYVN to Fuel Global Expansion
Chinese EV maker Nio is gearing up to expand its business further on the global stage. To fund this ambition, it has secured $2.2 billion from the Abu Dhabi-backed CYVN. The investment will give CYVN 294 […]
Tesla to Make Next-Gen Car, Cybertruck, Model Y & 4680 Batteries at Giga Mexico
Tesla continues to work on plans to develop its new factory, Giga Mexico. According to the governor of Nuevo León, in addition to building the next-generation car, the company is also going to produce Cybertruck, […]