In a recommendation on Monday, proxy advisory firm Institutional Shareholder Services (ISS) advised Tesla (NASDAQ:TSLA) investors to vote against the re-election of Ira Ehrenpreis and Kathleen Wilson-Thompson into the electric vehicle maker’s Board of Directors. Explaining its recommendation, the ISS stated that it has concerns about “the board’s risk oversight in light of the pledging…
Amid the auto industry’s transition to electric vehicles, lithium powerhouse Australia needs to add capacity in refining and manufacturing to help the world meet its battery demand. This was according to Tesla Chair Robyn Denholm, who has served as the EV maker’s Chair since Elon Musk was forced to step down from the post in…
Talk about a Tesla HVAC system hasn’t come up for quite a while, but Elon Musk recently confirmed that it is still on the future products list. On Monday, Tesla shareholder, Owen Sparks, asked Elon Musk to make a home HVAC with HEPA filter to help with allergies. The Tesla CEO replied to Sparks, commenting…
On Monday, July 18, Twitter filed a response to Elon Musk’s plea for a trial date in 2023. The social media company argued that the earliest possible trial date is “imperative” because the public dispute harms Twitter each day Musk is in breach. Kathaleen St. J. McCormick was assigned to rule over the case. McCormick…
Tesla CEO Elon Musk is planning to file a counter-lawsuit against social media company Twitter in an attempt to terminate the $44 billion agreement the two parties had where Musk would buy the platform. A new report from the New York Post, which lists “a source close to the case,” says the purpose of the Musk countersuit…
Tesla (NASDAQ: TSLA) is presenting a “compelling opportunity” for investors, according to Deutsche Bank analyst Emmanuel Rosner, who believes the company’s third and fourth quarters of 2022 will be a crucial time as it fights to maintain its delivery goals. Tesla maintained that it would aim for a 50 percent increase in delivery growth in…
Tesla’s lead in the global all-electric vehicle sales market may be growing, but GM CEO Mary Barra believes that her company can still top the segment. Despite selling less than 10% of the electric cars that Tesla sold last year, Barra stated that GM can still sell more EVs in the United States than Tesla…
Tesla has added a self-diagnostic feature to its Smartphone App that will help owners determine if their car is in need of service. The new feature will likely bring painless service requests for owners and could result in a more streamlined Service experience, something the automaker has admittedly struggled with. Most drivers can tell when…
Tesla had a very challenging second quarter in China. Gigafactory Shanghai was forced to halt vehicle production as the city entered a strict Covid-19 lockdown, and even when the facility reopened, it was only allowed to deploy one shift of workers in a closed-loop system. So notable were Tesla China’s challenges that in April —…
Yet another one of Tesla’s battery suppliers seems to be planning on building a plant in North America. As per recent reports, China’s Contemporary Amperex Technology Co. Ltd.(CATL) is considering two locations for a potential battery manufacturing facility in Mexico. CATL is the world’s largest maker of electric vehicle batteries, with the company controlling over…