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On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the electric vehicle (EV) maker navigates leadership transitions and compensation reviews. Strategic Board Expansion Hartung, retiring…
A recent drone flyover at Tesla’s Giga Texas facility has sparked intrigue among electric vehicle (EV) enthusiasts, capturing footage of two mysterious covered Tesla vehicles undergoing road tests. Shared on social media by longtime Giga Texas observer Joe Tegtmeyer, the video offers a rare glimpse into Tesla’s ongoing development efforts as the company ramps up…
J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March 31, 2025, a position worth approximately $13.7 billion. This move underscores J.P. Morgan’s continued confidence…
Tesla’s decision to relocate its legal incorporation from Delaware to Texas has set off a ripple effect in the electric vehicle (EV) industry, with several major companies following suit. This trend, dubbed the “Dexit,” stems from a Delaware court ruling that canceled Elon Musk’s $56 billion Tesla pay package, prompting a reevaluation of the state’s…
Tesla’s stock surged 4.1% on Wednesday, closing at $347.60, as investors rallied behind the company’s focus on self-driving technology and new electric vehicle (EV) models. According to a Barron’s report, the excitement stems from Tesla’s upcoming robotaxi service and its potential to reshape the EV industry. Self-Driving Robotaxi: A Game-Changer on the Horizon Tesla is…
Tesla shareholder Ron Baron, founder of Baron Capital, remains a steadfast supporter of the electric vehicle (EV) giant, projecting a potential 10-fold increase in Tesla’s stock value. Speaking at the Economic Club of New York on May 13, 2025, Baron shared his optimism about Tesla’s future while offering pointed advice for CEO Elon Musk, emphasizing…
Tesla’s push to trademark “Robotaxi” and “Cybercab” for its autonomous electric vehicles (EVs) hit a roadblock as the U.S. Patent and Trademark Office (USPTO) rejected the “Robotaxi” vehicle trademark for being too generic, according to a TechCrunch report. The decision, issued on May 6, 2025, highlights challenges for Tesla’s branding strategy as it gears up…
On May 7, 2025, Tesla announced a significant perk for Cybertruck owners, offering a free 1-year trial of Full Self-Driving (FSD) Supervised, as shared by Sawyer Merritt on X. This move highlights Tesla’s push to advance autonomous driving technology in its electric vehicles (EVs), particularly for early adopters of the rugged Cybertruck. Technology Updates: FSD…
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