Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start […]
Tesla shareholders sue Musk for starting competing AI company Read More »
The Tesla fans posted. And over the last few months, Elon Musk engaged. Every time he did, Tesla’s legal team had to get to work, writing and submitting regulatory filings to the Securities and Exchange Commission (SEC). It’s all part of an effort to say that, this time, when the shareholders vote to approve his
Tesla and its fans waged an unprecedented battle over Elon Musk’s $56B pay package Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Kirsten Korosec is still off on holiday, so you’ve got me once again! Today is the big Tesla shareholder vote. We’ll finally get to learn, among other
Tesla shareholders to vote today on $56B pay package Read More »
There has been a silly amount of drama in the run-up to Tesla‘s annual shareholder meeting on Thursday. The company is set to hold a vote on “re-ratifying” the $56 billion compensation package awarded to Elon Musk in 2018, which was struck down by a Delaware Chancery Court judge earlier this year. It will also
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Okay, okay — remember last week when I suggested Tesla was being a bit extra in its bid to convince shareholders to vote in favor of relocating
Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Is it me, or is the Tesla board being a bit extra these days as it tries to convince shareholders to vote in favor of relocating the
Tesla lobbies for Elon and Kia taps into the GenAI hype Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation, including tariffs on Chinese
Tesla keeps cutting jobs and the feds probe Waymo Read More »
At the start of the year, Tesla’s Supercharger team was tasked with the impossible. “We were on an exponential path,” a former team member told TechCrunch, adding that the new targets were “super-duper crazy.” Despite the bottlenecks that such expectations can create, “every time they upped the metric, we met it.” Then, one day in
Tesla’s profitable Supercharger network is in limbo after Musk axed the entire team Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tap, tap. Mic check. Check 1, 2, 3. This thing on? Hey hey, yup, it’s the same TechCrunch Mobility newsletter you love, but on a different day.
Tesla drives Luminar lidar sales and Motional pauses robotaxi plans Read More »
Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the
Tesla is Luminar’s largest lidar customer Read More »
