Tesla Calls for New Vote on Elon Musk’s Pay Package
The electric vehicle maker will ask shareholders to vote again on a multibillion-dollar compensation package that was voided by a judge in January.
BMW Is a Surprise Winner in Electric Vehicles
Once considered a laggard, the German luxury carmaker is one of only a few established automakers that has been able to compete effectively against Tesla.
China Sets Economic Growth Target of About 5%
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.
Tesla’s Board Chair Under Scrutiny for Oversight of Elon Musk
Robyn Denholm, who has led the electric car company’s board for more than five years, has been criticized for not serving as a check on Mr. Musk.
Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next?
The company’s board of directors will now decide whether to appeal the decision, change where Tesla is incorporated or negotiate a new pay package.
Elon Musk’s Tesla Pay Package Is Struck Down by Judge
Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
Tesla Shares Tumble As Growth Stalls
Shares in Elon Musk’s electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.
Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt
Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.
Musk Demands Bigger Stake in Tesla as Price for A.I. Work
Elon Musk, the electric car company’s chief executive, said he would “build products outside of Tesla” unless the board raises his stake to 25 percent.
E.V. Start-up Founder Could Get Prison Term in Fraud Case
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
Battle Over Electric Vehicles Is Central to Auto Strike
Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.
Toyota’s Dominance Threatened by Rise of Electric Vehicles
The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
G.M.’s Sales Jumped 19% in the Second Quarter
The biggest U.S. automaker sold more trucks and sport-utility vehicles as supply chain problems eased and demand remained strong.
Tesla Changed a Deadline for Investor Proposals, Angering Activists
Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday.
Elon Musk’s Twitter Show Makes Sense. Yes, Really.
Elon Musk’s seemingly erratic behavior is rational if one looks at the true source of his wealth.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
Falling Lithium Prices Are Making Electric Cars More Affordable
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.