Tesla and CEO Elon Musk are set to appeal a court decision that voided Musk’s $56 billion pay package due to concerns over its structure and approval process. The legal saga began when Tesla shareholder […]
Elon Musk has announced plans to hold a shareholder vote to move Tesla’s state of incorporation to Texas. The decision follows a Delaware judge’s rejection of Musk’s $55 billion compensation package. Earlier this week Musk […]
Elon Musk’s $55 billion pay package has been voided by Delaware Chancery Court Judge Kathaleen McCormick. In a decision issued on Tuesday, Judge McCormick cited issues with the fairness and transparency of the agreement. Musk’s […]
Tesla CEO Elon Musk confirmed during the Q4 2023 earnings call the company plans to launch a new, more affordable electric vehicle (EV) model in the second half of 2025. This announcement came less than […]
SpaceX is under scrutiny as the National Labor Relations Board (NLRB) has accused the aerospace company of illegally firing eight employees who openly criticized CEO Elon Musk’s behaviour. The controversy arose after the employees circulated […]
After revolutionizing the automotive and aerospace industries through Tesla and SpaceX, Elon Musk now has his sights set on the education system with plans to establish a new university in Austin, Texas. The new venture, […]
Elon Musk and the Israeli government have come to an agreement allowing the use of SpaceX’s Starlink satellite services in Gaza. Musk, in a meeting with Israel’s President Isaac Herzog and Prime Minister Benjamin Netanyahu, […]
Elon Musk announced that Tesla has made all design and engineering details of the original Roadster “fully open source.” This surprising decision allows enthusiasts and tinkerers alike to explore and potentially replicate the iconic electric […]
A Florida judge has concluded a plaintiff has brought “reasonable evidence” suggesting that Tesla CEO Elon Musk and other executives were aware of weaknesses and shortcomings in the Autopilot system. The case stems from a […]
Elon Musk has taken to X to deny a report suggesting that SpaceX is actively considering an initial public offering (IPO) for its Starlink business as early as next year. The report came from Bloomberg, […]
