
Musk says most Tesla stockholders voting to OK his $56 billion pay package
Tesla CEO Elon Musk says the electric vehicle company's shareholders are voting "by wide margins" to approve his multibillion-dollar pay package.
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Tesla CEO Elon Musk says the electric vehicle company's shareholders are voting "by wide margins" to approve his multibillion-dollar pay package.
Seat belt reminders on four Tesla models may not work properly, requiring the electric automaker to issue software update.
Prominent proxy advisory firm Glass Lewis aired concerns about the "excessive size" of Musk's pay deal.
One ex-Tesla employee's post about the shock of losing his job amid a round of layoffs is sparking a workplace debate.
The National Highway Traffic Safety Administration is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road.
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in after-hours trading Wednesday.
Tesla reports slide in earnings and revenue, but investors cheered by pledge to accelerate rollout of cheaper vehicles.
Tesla reduced prices by $2,000 on three of its five models in the U.S. and also slashed prices in China and Germany.
The MY 2024 Cybertrucks have faulty accelerator pedals that may be dislodged when high force is applied, the company said.
Tesla is asking shareholders to vote again on a $56 billion pay package for CEO Elon Musk. This comes after the company announced layoffs that would impact its global workforce. Javier E. David, CBS News contributor Javier David has more.
Tesla's stock price has tumbled 39% this year amid concerns about the electric vehicle maker's slowing growth.
"It must be done," Tesla CEO Elon Musk said in a memo about the layoffs sent to employees on Sunday.
Electric vehicle sales are down 7% so far this year in the U.S., as consumers say they want longer lasting batteries and more reliable charging networks. Elise Preston explores what the dip means.
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
Semi-automated driving systems that can help drive your car are not doing enough to ensure drivers are staying focused on the road, according to first-of-its-kind testing from the Insurance Institute for Highway Safety. Kris Van Cleave has details.
German officials say an electricity pylon near Tesla's Giga Berlin plant was likely deliberately set ablaze, and they suspect a "left-wing extremist motive."
Amazon founder Jeff Bezos is once again the richest person on Earth, surpassing SpaceX and Tesla CEO Elon Musk, according to the Bloomberg Billionaires Index. CBS News' Nancy Cordes has more.
Jeff Bezos has regained his spot as the richest person in the world, barely beating out now former No. 1 Elon Musk on the Bloomberg Billionaires Index.
The switch comes weeks after a Delaware judge invalidated his $55.8 billion Tesla pay package.
A SpaceX Falcon 9 rocket carrying a privately-built moon lander left the Earth's atmosphere early Thursday. If all goes well, it will land on the moon in one week, the first U.S. spacecraft to do so in over half a century. Christian Davenport, a reporter covering NASA and the space industry for the Washington Post's financial desk, joined CBS News to discuss the launch.
Having advanced driver-assistance systems doesn't mean motorists get to zone out, Transportation Secretary says.
"With the help of two guests, we pulled them up," the floating sauna's skipper said. "They were able to warm up in the sauna."
Warning lights on the Tesla vehicles are hard to read, raising the risk of a crash, according to traffic safety regulators.
Judge rules that Tesla CEO Elon Musk is not entitled to keep a $55 billion pay package, saying he failed to prove the payment was fair.
President Trump and Russian President Vladimir Putin held a high-stakes summit in Alaska, but the talks did not yield a ceasefire in Ukraine.
Erin is the first hurricane to develop over the Atlantic this year, and meteorologists are closely tracking its path and forecast.
Environmental groups and independent scientists are criticizing a report assembled by a small team of well-known climate skeptics selected by Energy Secretary Chris Wright.
Attorney General Pam Bondi issued an order Thursday that amounted to a reversal of "sanctuary" policies in D.C. The District sued over the order Friday.
Former Secretary of State Hillary Clinton said if President Trump is the architect of a deal to end the war in Ukraine without Kyiv ceding land to Russia, "I'd nominate him for a Nobel Peace Prize."
As less young people meet major economic milestones such as moving out and getting married, the concept of adulthood is changing.
A new report from Deloitte shows the average cost for a packed lunch is now $6.15, up nearly 3% from 2024. But that all depends on what you buy.
The PBS board voted to cut its budget by 21% on Wednesday, a month after Congress stripped away its federal funding.
A CBS News analysis of FAA data reveals frequent red flags in flight paths near Reagan Washington National Airport in the year before January's deadly midair collision.