Tesla shareholders have overwhelmingly approved a compensation package for CEO Elon Musk that could be worth as much as $1 trillion in company shares. More than 75% of shareholders who participated voted to approve the plan, in line with the amount of support Musk has received for past pay packages. As the result was announced, […]
Tesla shareholders approve Elon Musk’s $1T pay package Read More »
Norway’s sovereign wealth fund has voted against a Tesla proposal to give CEO Elon Musk a compensation package worth $1 trillion. The fund, which is managed by Norges Bank Investment Management, holds a 1.14% stake in Tesla valued at about $11.7 billion, according to its mid-year filings in June. “While we appreciate the significant value
Norway’s wealth fund vote is latest blow to Musk’s $1 trillion pay package Read More »
More than two months ago, Tesla published its fourth “Master Plan,” a gauzy post about how the company wants to spread “sustainable abundance” via its future products. Details remain woefully absent, but that hasn’t stopped Tesla from making it the central prop in its bid to convince shareholders to hand CEO Elon Musk a compensation
Tesla’s Master Plan 4 still lacks specifics ahead of $1T Musk pay vote Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am sure you are waiting to learn the results of last week’s poll. (Reminder: Sign up for the Mobility newsletter
TechCrunch Mobility: The ‘robot army’ argument Read More »
Tesla’s record sales quarter has offered the company a reprieve after a terrible start to 2025. But CEO Elon Musk is focused on building a “robot army” and making good on his years-long, unfulfilled promise of self-driving cars — tasks he needs to accomplish if he is to unlock the full value of the $1
Elon Musk frets over controlling Tesla’s ‘robot army’ as car biz rebounds slightly Read More »
Tesla delivered a record number of vehicles in the third quarter of 2025, thanks in large part to a rush of customers in the United States who took advantage of the expiring federal EV tax credit. But that record quarter did not lead to greater earnings. In fact, Tesla’s third-quarter profit was still 37% lower
Tesla’s record sales quarter barely boosted profit Read More »
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Elon Musk has never had the best relationship with regulators, often bumping up against or outright sidestepping local and state laws where his numerous companies operate. This
Elon Musk vs. the regulators Read More »
AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s rolling out Anthropic’s Claude to all 500,000 employees. On the very same day, the Australian government forced Deloitte to refund a contract because their AI-generated report was riddled with fake citations. It’s a perfect snapshot
Why Deloitte is betting big on AI despite a $10M refund Read More »
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Tesla’s Full Self-Driving tech after receiving reports that the software caused vehicles to run red lights or cross into wrong lanes. The probe, which identified more than 50 reports of these kinds of violations (four of which led to injuries), is one of
Tesla’s ‘Full Self-Driving’ software under investigation for traffic safety violations Read More »
Tesla has spent more than a year teasing that “more affordable models” of its vehicles were on the way, and on Tuesday, the company finally revealed them. The company is now selling a more bare-bones version of the Model 3 sedan and the Model Y SUV, which start at $36,990 and $39,990, respectively The new
Tesla reveals slightly cheaper ‘standard’ versions of the Model 3 and Model Y Read More »
