Another Proxy Advisory Firm Advises Against Voting For Tesla CEO Musk’s ‘Excessive’ Pay — But Backs Texas Move
Other concerns include "a lack of clarity on the board's plan" for Musk's future pay, ISS wrote, as per Reuters.
Tesla Board Slams Glass Lewis After It Recommends Shareholders To Vote Against Elon Musk’s $56B Pay Package
The firm also highlighted Musk's numerous time-consuming projects outside Tesla, including his acquisition of the company Twitter.
Can Lucid Power Hyundai’s Future? A Korean-American Tie-Up Is Reportedly In The Works
Hyundai CEO Chang Jae-hoon visited Lucid's headquarters in California early this year to discuss cooperation, South Korea's Sisa Journal reported.
Tesla, Ford Hit The Brakes In UK As Warren Buffett-Backed BYD Zooms Ahead With 2500% Jump In Registrations
Chinese automakers have been focussing on increasing their market share in foreign markets following an economic slowdown at home.
Legacy Auto Giants GM, Stellantis Plan To Fend Off Chinese EV Threat With $25K Electric Jeep, ‘Most Affordable’ Revived Bolt
Currently, the Fiat 500e holds the title of Stellantis' most affordable EV in the U.S., priced around $32,500.
Volkswagen To Introduce Affordable Electric Cars Priced At 20,000 Euros In Europe
The company did not divulge much about the upcoming vehicles besides that it will set standards in the entry-level segment.
China’s Pumping Big Money Not Just Into Chip Sector But Also EV Batteries: Key Tesla, Nio Suppliers Among Those Eligible To Get $830M R&D Funding
Six firms are eligible to receive state funding to work on the solid-state battery technology, Reuters reported, citing a person familiar with the matter.
Rivian May Offer Performance Pack As Software Update For Dual Motor R1 Vehicles: Report
The Performance Pack, priced at $5,000, boosts the horsepower of dual-motor Rivian models from 533 to 665, with a remarkable 219 lb-ft torque increase.
Ford Teases F-150 Lightning-Based Supertruck Set To Climb Pikes Peak In June
The supertruck will make its qualifying run in Colorado Springs between June 18-20 and then climb the hill on June 23.
Lucid CEO Peter Rawlinson Thinks Elon Musk’s Tesla Seems ‘Distracted’ And ‘Kind Of Losing Its Way’ — Says It Used To Have ‘The Cutting Edge’ During His 3-Year Stint
"I don't see it having that singular sense of purpose, and I think it really falls to Lucid to take the technology to a whole new level now," he said.