Norway’s wealth fund vote is latest blow to Musk’s $1 trillion pay package
Elon Musk is pushing for a $1 trillion performance pay package. Another major shareholder has said no.
Tesla
Tesla’s Master Plan 4 still lacks specifics ahead of $1T Musk pay vote
Despite its imprecision, the fourth “Master Plan” is a centerpiece of Tesla’s case for giving CEO Elon Musk $1 trillion in company shares.
‘Eyes-off driving’ is coming, and we’re so not ready
Last month, General Motors added its name to the growing list of automakers who are pursuing a novel type of partially automated technology called “eyes-off driving.” What they didn’t do, though, is provide a thorough description of how they’ll take responsibility when something goes wrong. Not to be confused with the type of “eyes-off” distracted […]
Tesla’s Cybercab may have a steering wheel after all
Tesla’s Cybercab isn’t scheduled to go into production until 2026, but when it does, it may end up stuck with a vestige of the automotive past: a steering wheel. To be sure, we still use steering wheels. But the Tesla Cybercab was meant to be the first vehicle of the new future, and there’s nothing […]
Tesla rehashing old threats to get shareholders to approve Musk’s $1 trillion pay day
Tesla’s board of directors issued a stark warning to shareholders today: approve Elon Musk’s unprecedented $1 trillion pay package or risk losing him as CEO. It’s a familiar threat, one that the board has used before, and if history offers any clues, it’s likely to work again. Tesla’s executive team is in full lobbying mode […]
TechCrunch Mobility: The ‘robot army’ argument
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Elon Musk says he needs $1 trillion to control Tesla’s ‘robot army’
Well, that’s not very subtle. In an earnings call last night, Tesla CEO Elon Musk said he needs more control over Tesla, as well as a pay package that could be worth nearly $1 trillion, in exchange for building a “robot army.” Otherwise, he could get ousted as CEO, and then, well, who would control […]
Elon Musk frets over controlling Tesla’s ‘robot army’ as car biz rebounds slightly
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
Musk wants to get rid of Tesla’s robotaxi babysitters ‘by the end of the year’
Tesla CEO Elon Musk predicted the company would be able to remove the safety monitors from its robotaxis “by the end of the year.” He also said Tesla would launch a robotaxi service in 8-10 new markets also before the end of 2025. “We are expecting to have no safety drivers in at least large […]
Tesla’s record sales quarter barely boosted profit
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.