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Tesla shareholders face an unprecedented decision Thursday as they vote on CEO Elon Musk’s nearly $1 trillion compensation package—with Board Chair Robyn Denholm warning that rejecting it could trigger Musk’s departure and send the company’s stock into freefall. The vote, taking place at Tesla’s annual meeting on November 6, has divided major institutional investors and…
BYD has overtaken Tesla in the United Kingdom’s electric vehicle market, marking a stunning reversal in one of Europe’s largest markets for plug-in cars. The Chinese manufacturer registered almost seven times more new cars than Tesla last month, according to data released Wednesday by the UK’s Society of Motor Manufacturers and Traders (SMMT). The shift…
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer hybrid versions of all new vehicles developed and manufactured in the region starting in 2026.…
Elon Musk floated an audacious idea during Tesla’s Q3 2025 earnings call that flew under the radar: transforming the company’s millions of parked vehicles into a massive distributed computing network for artificial intelligence. The proposal, shared by Tesla analyst Nic Cruz Patane on October 28, suggests using idle Teslas as AI inference processors when they’re…
A groundbreaking study from Yale University economists has quantified for the first time how CEO Elon Musk’s partisan political activities directly damaged Tesla’s U.S. sales. The National Bureau of Economic Research working paper concludes Tesla would have sold between 1 million and 1.26 million additional vehicles from October 2022 through April 2025 without what researchers…
Morgan Stanley’s Adam Jonas suggested Tesla’s shareholder proposal to invest in xAI represents strategic exploration rather than commitment, maintaining his bullish stance on the EV maker with an $800 price target ahead of the November 6 vote. Morgan Stanley analyst Adam Jonas issued a new investor note today framing Tesla’s upcoming shareholder vote on investing…
Tesla Board Chair Robyn Denholm issued an urgent warning to shareholders today: approve Elon Musk’s nearly $1 trillion compensation package by November 5th, or risk losing him as CEO and watching Tesla collapse from AI/robotics pioneer into “just another car company.” The stark two-page letter, posted by Sawyer Merritt on X, frames the upcoming shareholder…
The National Highway Traffic Safety Administration is seeking information from Tesla about its newly released “Mad Max” Full Self-Driving mode after drivers reported on social media that vehicles using the aggressive setting routinely exceed posted speed limits. The inquiry comes as NHTSA investigates 2.9 million Tesla vehicles equipped with FSD following 58 reports of traffic…
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