Posts

Showing posts with the label tesla

Tesla Faces Musk Exit Over $1T Pay Vote

Image
Musk’s $1T pay package is heading for a shareholder vote on November 6th, and Board Chair Robyn Denholm is basically threatening that a no vote would trigger an Elon Musk departure. I find this interesting. The shareholder vote Tesla is about to go through could totally reshape the company’s leadership and force the Tesla board decision on finding an internal CEO. Tesla Board Preps CEO Succession Amid Musk $1T Pay Package Vote Tesla CEO succession has become urgent right now as the annual meeting approaches. Denholm only had 10 days to send a letter to shareholders before the vote, and she’s framing it as a survival question for whether Musk will stick around. 10 days until our Annual Meeting on November 6 Watch Board Chair Robyn Denholm on @CNBC explain why this vote is so critical to Tesla’s futurehttps://t.co/t1LJJAiGS8 — Tesla (@Tesla) October 28, 2025 Denholm stated: “Do you want to retain Elon as Tesla’s CEO and motivate him to drive Tesla to be...

Tesla (TSLA) Drops 27% in February: Analysts Answer What's Next

Image
There are few companies that have been punished by the US stock market as much as Tesla (TSLA) has, dropping 27% in February. Yet, with a new month upon us, there is no shortage of questions surrounding where the EV stock could go from here. Indeed, analysts have shared what could come to pass as it looks to rebound from a declining start to 2025. The slump surprised many considering the high expectations the stock enjoyed entering the new year. Moreover, the potential of the stock is seemingly limited by its need to regain tremendous losses. However, could that process begin this month? Source: Investopedia Also Read: Tesla (TSLA) Falls 40% From ATH: When Will Stock Reclaim $400? Tesla Plummets in February: So What Are Experts Projecting for the Stock in March? Tesla shares jumped mildly on Monday, increasing more than 1.5% to start the week. That comes after what was a rather concerning month-long sell-off of the company for the last three weeks. Moreover, as its European sales have ...

Elon Musk Says Tesla Will Unveil Its Robotaxi In August

In the latest announcement for the tech automotive company, Elon Musk says Tesla will unveil its Robotaxi in August. In a post on X, Musk simply states: “Tesla Robotaxi unveil on 8/8.” Tesla Robotaxi unveil on 8/8 — Elon Musk (@elonmusk) April 5, 2024 Tesla vehicles are already used by taxis and cab services around the United States. However, the upcoming Robotaxi will be owned and operated strictly by Tesla. The Robotaxi looks to be a self-driving service, and will likely operate within the company’s line of electric vehicles. There is no timetable yet for when Tesla will officially debut the service for public use. Tesla’s Robotaxi will serve as healthy competition to other robo-car services that arrived in 2023, Waymo and Cruise. Both services experienced technical issues that saw them take a hiatus, including a driverless Cruise taxi accidentally dragging a hit-and-run victim down a San Francisco street. Driverless vehicles are already a c...

Elon Musk Re-Affirms 'Fear' with AI Technology

“ AI stresses me out.” The aforementioned remark made by Elon Musk stood out from the three-hour presentation made to Tesla investors that unveiled company plans. A few days ago, the executive s AI d that all organizations developing advanced AI should be regulated, including Tesla. And the latest remarks reflect Musk’s partially veiled skepticism and reservations about the technology. Also Read: Elon Musk-Inspired ChatGPT Alternative ‘TruthGPT’ Launches Musk: 'AI stresses me out' https://t.co/6aOqNsnBNP pic.twitter.com/2WccjZxPZJ — Reuters (@Reuters) March 2, 2023 Also Read: ChatGPT-based Microsoft Bing AI Is Unsafe, Should Be Shut Down: Elon Musk Musk is ‘worried’ about AI A recent Reuters report pointed out that other executives gave “detailed presentations” showing how Tesla was using AI technology to train vehicles to drive themselves. Nevertheless, when asked by an analyst if AI could help Tesla build c...