Latest News, Updates & Breaking Headlines
Elon Musk has said that ‘daddy is very much home’ and ‘burning the midnight oil’, sharing details of his intense work schedule in an X post. Musk has faced investor criticism for ‘neglecting’ Tesla and his divided attention earlier this year when he worked as a “special government employee” to the Trump administration. His increased…
UK Prime Minister Keir Starmer’s office on Monday criticised US tech billionaire Elon Musk for using what it described as “dangerous and inflammatory language” during a televised speech at one of the UK’s largest far-right protests.About 150,000 people joined the London protest on Saturday, organised by activist Tommy Robinson under the banner “Unite the Kingdom.”…
US stocks climbed on Monday, with the S&P 500 inching closer to fresh all-time highs, as Tesla shares surged and investors positioned for the Federal Reserve’s key policy meeting later this week. Tesla gained 7.2% after CEO Elon Musk bought about $1 billion worth of shares through a trust, signalling confidence in the electric vehicle…
Tesla Chief Executive Officer Elon Musk purchased about more than 2.5 million shares worth $1 billion, according to a regulatory filing, reported news agency AP.The billionaire bought the stock indirectly through a trust on September 12, the filing showed. Tesla shares jumped as much as 7.3% before the start of regular trading, putting the stock…
The chairperson of Tesla’s board of directors, Robyn Denholm, has defended the new multibillion-dollar compensation plan for CEO Elon Musk. The plan, which could be the largest in corporate history, was unveiled in a regulatory filing last week. In a recent interview with The New York Times, at Tesla’s engineering headquarters in California, Denholm said…
Tesla, the electric vehicle company led by billionaire Elon Musk, is facing a proposed class-action lawsuit accusing it of favouring visa holders over American workers to cut labour costs.Filed Friday in the San Francisco federal court, the complaint alleges Tesla violated federal civil rights law by disproportionately hiring H-1B visa holders while laying off US…
