Tesla’s board chair has sold most of her shares in the EV maker
Robyn Denholm, who’s led the board since 2018, made $168 million in the past year exercising stock options in the company, including sales worth $43 million last week.
Alan Ohnsman, Forbes Staff
It’s ‘never going to happen,’ but a distracted Musk should hand over CEO reins at Tesla
Earnings were weaker than expected, the near-term outlook is murky, EV sales are down, and Elon Musk is more distracted than ever before. But with a phalanx of loyal shareholders and a cowed board he’s not going anywhere.
Waymo logging 150,000 Robotaxi rides and 1 million miles a week
The autonomous vehicle company’s weekly ridership has jumped more than 50% in two months and more than doubled since the start of 2024.
Elon Musk’s laughable solution to Tesla’s child labor worries
Tesla’s CEO said he would address the company’s challenges with child labor in its supply chain. But his high-tech solution doesn’t cut it.
‘Elon doesn’t care about Tesla anymore’: Musk’s biggest fans are turning on him
Ahead of a vote on his $50 billion stock award, Musk faces strident resistance from previously reliable sources who now question his commitment to the company.
Tesla’s top retail investor votes against restoring Elon Musk’s $50 billion pay package
Billionaire Leo Koguan, who claims to hold more than 27 million Tesla shares, said Musk is a “tyrant CEO” who has abandoned the carmaker for his other companies.
A Tesla cofounder is electrifying off-road vehicles, starting with dirty lawnmowers
At Dimaag-AI, Ian Wright sees a big opportunity to electrify landscaping equipment as California bans the sale of new gasoline- and diesel-powered devices.
The car might be – but the business case for Musk’s Cybertruck isn’t bulletproof
Dubious environmental benefits aside, billionaire Elon Musk’s polarising Cybertruck may be a strategic misfire given its price, big R&D costs and murky sales outlook.
Musk warns of ‘enormous challenges’ for Tesla Cybertruck production and pricing
Tesla’s reinterpretation of the pickup truck should arrive in November, though at low volume. And the company’s billionaire CEO declined to provide a 2024 sales target.
Iron and rust could be the secret to storing clean power for days
Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days.