Swedish Court Sides with Unions, Rejects Tesla’s Bid to Resume PostNord Deliveries
A district court in Sweden ruled on Friday that it could not compel PostNord, the country's main postal service, to resume deliveries to Tesla, which halted almost a year ago due to a larger labour dispute.
Tesla shareholders accuse Elon Musk of draining its AI talent
Some Tesla shareholders claim that Elon Musk has shown "brazen disloyalty" to his firm by allegedly depleting the company's AI talent.
Tesla shareholders To Oppose CEO Elon Musk’s $56 billion compensation package
A coalition of Tesla Inc. shareholders is urging fellow investors to reject a $56 billion pay package for CEO Elon Musk at the company’s annual meeting on June 13.
Frustrated Tesla’s CEO Elon Musk Fires Key Executives While Restructuring Board
According to reports, Tesla CEO Elon Musk has initiated significant restructuring within the company, including the dismissal of senior management and the termination of hundreds of employees due to declining sales.
Tesla Chair Denholm’s leadership under scrutiny
Recently, a judge in Delaware criticised Denholm's leadership, questioning her independence from Musk and her oversight of the company.
Daiwa Downgrades Tesla Over Increasing Governance Concern
Daiwa Capital Markets has lowered Tesla's rating to Neutral from Outperform and reduced their 12-month price target.
Tesla’s legal base is moving to Texas after a pay package ruling by Elon Musk
The state of Delaware threw out Elon Musk's pay package at Tesla after rejecting its legal base in Texas. T
Tesla sued for racial bigotry against black workers in US
The US Equal Employment Opportunity Commission (EEOC) has taken legal action against Tesla.
Vaibhav Taneja appointed as the CFO of Tesla
In a sudden development, Elon Musk-led global EV major Tesla appointed Vaibhav Taneja, 45, as the Chief Financial officer on Monday 7th August 2023, replacing Zachary Kirkhorn.
Tesla Inc.’s directors to return $735 million to end litigation
Tesla Inc.'s directors have agreedto return $735 million to the company in order to end a litigation. The agreement, which was made public on Monday in a court filing in Delaware, resolves a 2020 lawsuit brought by a retirement fund that owns Tesla stock. The fund had contested the validity of stock
