Tesla’s CEO also says in posting on X that shareholders are backing the company’s reincorporation to Texas.
Category: Business
BT Boosted by Carlos Slim Investment
BT shares rose after it said Carlos Slim had bought a more-than 3% stake, making him the latest prominent investor to back the U.K. telecoms […]
Stellantis Shifts Focus to Efficient Investments, Returns
The maker of Jeep, Dodge and a dozen other brands said it will set a liquidity target of 25%-30% of revenue in the medium term […]
Apple Sued by Employees Alleging Unequal Pay for Women
The suit targets Apple’s hiring practices used to set compensation, as well as the company’s performance-review policies.
GameStop Shareholder Meeting Adjourned After Technical Difficulties
GameStop’s annual meeting was cut short after high interest from shareholders led to a technical issue.
Tyson Foods Suspends CFO After DWI Arrest
Tyson Foods said it suspended Chief Financial Officer John R. Tyson after he was arrested early Thursday on charges of driving while intoxicated.
Ford Motor Expands EV Sales, Service to All U.S. Dealers
The carmaker said it is expanding sales and service of EVs to all 2,800 of its dealerships in the U.S.
The Chaotic Unraveling of the Paramount-Skydance Merger
Why Shari Redstone lost faith in her favorite suitor and walked away from a deal to sell her family company.
Elon Musk’s $46 Billion Pay Package: How Tesla Shareholder Approval Could Play Out in Court
The carmaker’s CEO says so far, shareholders were approving the package by a wide margin. But a vote to reapprove the agreement is unlikely to […]
Tesla May Raise Model 3 Price In Europe Due to Tariffs
Tesla will likely raise the price of its Model 3 in Europe as of July 1 in response to planned EU tariffs on electric vehicles […]