Tesla – Page 21 – One America News Network

SpaceX, Twitter and electric car maker Tesla CEO Elon Musk attends an event during the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition centre in Paris, on June 16, 2023. (Photo by JOEL SAGET / AFP) (Photo by JOEL SAGET/AFP via Getty Images)

What happens to Musk’s Tesla pay after $56 billion package thrown out? It is complicated

The Tesla chief executive and a board seen as captive to him must find a way to negotiate a replacement contract.

Visitors check a Tesla Model 3 car at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo

Industry pain abounds as electric car demand hits slowdown

A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.

A Tesla Model S car is seen in a showroom in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson/File Photo

Tesla set to erase $70 billion in valuation after Musk’s sales warning

Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.

Exclusive: Tesla plans to build new electric vehicles in mid-2025

Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood.”

In EV catch-up race, legacy automakers hitch a lift with Formula E

Legacy automakers are leaning on their Formula E electric racing teams to build better EVs with greater range and efficiency, or a lower price tag.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. REUTERS/Brendan McDermid

Wall Street ends down as US retail sales data crimps rate cut bets

Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.