Keywords: Tesla
As 2024 unfolds, Tesla faces a year of financial turbulence, with a challenging first quarter and a continued struggle through summer. The price increase of the Model 3 in Europe has only added to the company's woes. Yet, history shows that Tesla has navigated through crises before, emerging stronger......
Tesla shareholders have approved a groundbreaking pay package for CEO Elon Musk and endorsed a plan to relocate the company's legal headquarters to Texas. Earlier this year, a judge in Delaware had blocked the deal citing concerns over its fairness to shareholders. The vote marks a significant victory......
The European Commission has issued a stark warning to China: resolve the ongoing subsidy dispute over electric vehicles (EVs) or face significant tariff hikes. This ultimatum follows a preliminary finding in an anti-subsidy investigation into Chinese EV imports, which revealed that Chinese battery electric......
In an unprecedented move, Elon Musk's colossal compensation package, valued at a staggering $56 billion, has become a subject of intense scrutiny. The saga, which began in 2018 when Tesla's board approved the lucrative deal, took a dramatic turn when a U.S. court annulled the compensation plan......
In the rapidly evolving world of electric vehicles (EVs), Xiaomi, the Chinese tech giant, is making waves with its audacious foray into the automotive industry. After successfully launching its first EV lineup, the SU7 series, the company is already setting its sights on an even more ambitious target:......
In 2021, Hertz, the prominent car rental company, boldly entered the electric vehicle (EV) arena with an ambitious plan that now seems to have backfired. The company aimed to revamp its fleet by acquiring 100,000 Tesla Model 3s and other electric models, intending to project a greener image, attract......
Tesla, once hailed as a trailblazer in the electric vehicle industry, now finds itself grappling with an unparalleled crisis. The company, synonymous with the electrification movement in automobiles, is feeling the strain of a sluggish market. In the early months of this year, electric vehicle sales......
In a strategic move aimed at cementing its status as a global powerhouse in the electric vehicle (EV) market, Hyundai Motor Company has unveiled an ambitious $50 billion investment plan for its operations in South Korea. The Korean automotive giant, which encompasses the Kia brand, seeks to ascend into......
In a surprising turn of events, Cupertino tech giant Apple has decided to halt its ambitious electric vehicle project. This strategic pivot marks a significant departure from its pursuit of "Project Titan" – the initiative aimed at developing an Apple-branded electric car. Initially......
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