Tesla’s board is deploying familiar tactics to secure shareholder approval for Elon Musk’s massive compensation package. The company warns that without this approval, Musk might leave Tesla for other ventures.
Tesla’s board seeks approval for Elon Musk’s historic $1 trillion pay package tied to ambitious growth targets. The proposal faces opposition from corporate watchdogs and concerns about Musk’s political activities affecting brand value.
Electric vehicle manufacturer Rivian is reportedly cutting more than 600 positions, representing approximately 4.5% of its workforce. The layoffs come as the Trump Administration eliminates federal tax credits that had boosted EV sales.
Electric vehicle manufacturer Rivian is planning to eliminate more than 600 positions, according to an internal memo viewed by Business Insider. Sources indicate this represents approximately 4.5% of the company’s 15,000-strong workforce and marks one of several rounds of layoffs the automaker has conducted over the past three years.
Major Funding Round Fuels Domestic Battery Production Redwood Materials, the Nevada-based battery recycling and materials company founded by Tesla cofounder…
The EV Tax Credit Rush That Boosted Sales But Squeezed Profits Tesla experienced a financial paradox in its most recent…
Tesla’s Pivotal Q3 Financial Report As Tesla prepares to release its third-quarter earnings, the electric vehicle giant stands at a…
Earnings Season Accelerates With Broadening Participation The third-quarter earnings season enters its most intensive phase this week, with 88 S&P…
The Proxy Advisory Standoff Institutional Shareholder Services (ISS), one of the most influential proxy advisory firms, has thrown a significant…
Proxy Adviser Raises Red Flags Over Unprecedented Compensation Plan Institutional Shareholder Services (ISS), a leading proxy advisory firm, has recommended…
The Battle Over Executive Compensation Institutional Shareholder Services (ISS), one of the most influential proxy advisory firms, has recommended that…
