Facebook co-founder Dustin Moskovitz has escalated his attacks on Tesla, calling it “the next Enron” as the Elon Musk-led automobile company faces a turbulent month. Moskovitz, who previously accused Musk of delaying development of EVs by “overpromising,” took to Meta’s Thread on Wednesday with fresh criticism. Moskovitz’s post alleges Tesla has misled consumers “on a … Read more
In a surprise move, Tesla CEO Elon Musk made a weekend trip to China to push for approval of driver-assistance software, seen as a potential remedy for the carmaker’s declining revenue. The 52-year-old tech mogul met with Premier Li Qiang, the Chinese Communist Party secretary for Shanghai. Qiang had helped Tesla set up what is … Read more
Elon Musk implemented an intelligent method to identify a Tesla employee who was sharing confidential information with the press. Tesla addressed the employee’s actions to ensure confidentiality. It is no secret that disclosing confidential company information can have serious consequences. Musk-led automobile company Tesla takes such matters seriously. In one instance, Musk implemented a method … Read more
Taking to his social media platform, X, Elon Musk voiced strong opposition to the legal fee request filed by the attorneys representing Tesla shareholders in the recent pay package case, calling the sum “criminal”. “The lawyers who did nothing but damage Tesla want $6 billion. Criminal.” the Tesla boss wrote. Musk was responding to a … Read more
A court in the US state of Delaware has voided a multi-billion dollar pay deal that was awarded to Elon Musk in 2018 by Tesla. The financial compensation package, consisting of $55.8 billion, was dubbed “an unfathomable sum” by Chancery Court Chief Judge Kathaleen McCormick. The lawsuit, which has been ongoing for years, was filed … Read more
Masculinity has been the overarching theme in automobile designs for centuries. Recently, however, as more electric car models emerge, macho designs have been at their peak. Since Elon Musk, the CEO of X and Tesla, came under fire for launching the masculine ‘Tesla’s Cybertruck’, designers have noted that electric cars are clearly being marketed towards … Read more
