Tesla shareholders approve $46 billion pay package for CEO Elon Musk
The payout would be the biggest compensation package in U.S. corporate history. Is the billionaire and Tesla founder worth the money?
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The payout would be the biggest compensation package in U.S. corporate history. Is the billionaire and Tesla founder worth the money?
Tesla has faced multiple recalls this year affecting millions of its vehicles, with the latest caused by a faulty hood latch
A tech selloff caused the Nasdaq and S&P 500 to have their worst days since 2022. Here's why tech stocks are fading.
Instead of facing trial for attempted murder, the Pasadena doctor accused of trying to kill his wife and kids by driving their Tesla off a cliff was released on Monday.
Tesla has recalled the stainless steel-clad Cybertruck four times since it went on sale November 30.
Tesla CEO Elon Musk could soon be getting a $56 billion payday with company shareholders set to vote on his compensation package Thursday. The investors could also approve a move of Tesla's legal headquarters from Delaware to Texas. Alan Ohnsman, a senior editor for Forbes, joined CBS News to discuss the meeting.
Tesla CEO Elon Musk says the electric vehicle company's shareholders are voting "by wide margins" to approve his multibillion-dollar pay package.
Seat belt reminders on four Tesla models may not work properly, requiring the electric automaker to issue software update.
Prominent proxy advisory firm Glass Lewis aired concerns about the "excessive size" of Musk's pay deal.
One ex-Tesla employee's post about the shock of losing his job amid a round of layoffs is sparking a workplace debate.
The National Highway Traffic Safety Administration is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road.
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in after-hours trading Wednesday.
Tesla reports slide in earnings and revenue, but investors cheered by pledge to accelerate rollout of cheaper vehicles.
Tesla reduced prices by $2,000 on three of its five models in the U.S. and also slashed prices in China and Germany.
The MY 2024 Cybertrucks have faulty accelerator pedals that may be dislodged when high force is applied, the company said.
Tesla is asking shareholders to vote again on a $56 billion pay package for CEO Elon Musk. This comes after the company announced layoffs that would impact its global workforce. Javier E. David, CBS News contributor Javier David has more.
Tesla's stock price has tumbled 39% this year amid concerns about the electric vehicle maker's slowing growth.
"It must be done," Tesla CEO Elon Musk said in a memo about the layoffs sent to employees on Sunday.
Electric vehicle sales are down 7% so far this year in the U.S., as consumers say they want longer lasting batteries and more reliable charging networks. Elise Preston explores what the dip means.
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
Semi-automated driving systems that can help drive your car are not doing enough to ensure drivers are staying focused on the road, according to first-of-its-kind testing from the Insurance Institute for Highway Safety. Kris Van Cleave has details.
German officials say an electricity pylon near Tesla's Giga Berlin plant was likely deliberately set ablaze, and they suspect a "left-wing extremist motive."
Amazon founder Jeff Bezos is once again the richest person on Earth, surpassing SpaceX and Tesla CEO Elon Musk, according to the Bloomberg Billionaires Index. CBS News' Nancy Cordes has more.
Jeff Bezos has regained his spot as the richest person in the world, barely beating out now former No. 1 Elon Musk on the Bloomberg Billionaires Index.