Jan 02 Tesla sales dropped 1.1 percent in 2024, in first annual decline since 2011 By Tom Krisher, Bernard Condon, Associated Press Tesla posted its first annual sales drop in more than a dozen years Thursday, sinking a stock that has soared since Donald Trump’s victory on optimism Elon Musk’s close relationship to the president-elect will help the company. Continue reading
Jan 02 Man killed in Cybertruck explosion was active-duty U.S. Army soldier, officials say By Tara Copp, Alanna Durkin Richer, Colleen Long, Associated Press Officials say the man who died when a Tesla Cybertruck packed with explosives burst into flames outside the Trump tower in Las Vegas was an active-duty U.S. Army soldier and member of its elite Green Berets. Continue reading
Jan 01 Camping fuel, fireworks found in bed of Cybertruck that exploded outside Trump tower in Las Vegas By Ty O'Neil, Associated Press Authorities say person person died and seven more people were injured when a Tesla truck caught fire and exploded outside the lobby of the Trump hotel in Las Vegas. Continue reading
Dec 02 Delaware judge reaffirms ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package By Randall Chase, Associated Press The judge on Monday also rejected an equally unprecedented and massive fee request by plaintiff attorneys. Continue reading
Oct 18 U.S. opens new investigation into Tesla’s ‘Full Self-Driving’ system after fatal crash By Tom Krisher, Associated Press Tesla has twice recalled “Full Self-Driving” under pressure from the National Highway Traffic Safety Administration. The new investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years. Continue reading
Aug 13 Trump and Musk discussed firing striking workers. The UAW is now seeking an NLRB investigation By Tom Krisher, Associated Press During a discussion about government spending, former President Donald Trump praised Elon Musk for firing workers who went on strike. Continue reading
Jul 24 Weak profit reports from big tech companies send stocks tumbling on Wall Street By Stan Choe, Alex Veiga, Associated Press A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. Continue reading
Jun 15 How Elon Musk’s $44.9B Tesla pay package compares to other top U.S. CEO plans By Tom Krisher, Associated Press Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk’s record-setting Tesla compensation dwarfs them by comparison. Continue reading
Jun 13 Tesla shareholders restore CEO Elon Musk’s $44.9 billion pay package in annual meeting vote By Tom Krishner, David Hamilton, Associated Press The favorable vote doesn’t necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the rejection. Continue reading
Apr 29 Supreme Court rejects Elon Musk appeal over tweets that must be approved by Tesla By Associated Press The Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads. Continue reading