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.