Tesla approved a restricted stock award of 96 million shares, worth about $29 billion, to “incentivize” the controversial billionaire to remain at the head of the company during a protracted legal battle over his original pay package. Last year, a Delaware court voided Musk’s pay package, valued at more than $50 billion, arguing that the […]
Joby is buying the Blade brand and the company’s passenger business, which includes operations in the United States and Europe, for as much as $125 million.
The plan would be voided if the Delaware Supreme Court overturns the decision to spike Musk’s $56B comp plan from 2018. A judge ruled in 2024 that plan was unfairly negotiated.
The plan would be voided if the Delaware Supreme Court overturns the decision to spike Musk’s $56B comp plan from 2018. A judge ruled in 2024 that plan was unfairly negotiated.
Delta Air Lines is explaining more about its AI-assisted dynamic pricing model after coming under scrutiny for recent comments about the pricing. In November, Delta president Glen Hauenstein said at an investor day that “we will have a price that’s available on that flight, on that time, to you, the individual.” However, responding to questions […]
A federal jury in Florida found Tesla partly liable for a deadly 2019 crash involving Tesla’s Autopilot driver assist software, according to reports from The New York Times and CNBC. Tesla has been ordered to pay $200 million in punitive damages and about $43 million in compensatory damages, CBS News reports. It’s a rare loss […]
The jury verdict is one of the first major legal decisions about driver assistance technology that has gone against Tesla. Both Elon Musk and Tesla have spent years making claims about Autopilot’s capabilities.
It’s one of the first major legal decisions about driver assistance technology that has gone against Tesla.
The jury verdict is one of the first major legal decisions about driver assistance technology that has gone against Tesla. Both Elon Musk and Tesla have spent years making claims about Autopilot’s capabilities.
Joby’s years of R&D with the DoD may be paying off. The company has signed an agreement with defense contractor L3Harris to develop a gas-turbine hybrid VTOL that can fly autonomously — for defense applications.