Electrek
Electrek is a news platform that focuses on the shift from fossil fuel vehicles to electric ones, along with the clean energy ecosystems that support this change. This site is part of the 9to5 network, which also features 9to5mac.com, 9to5Google.com, and 9to5Toys.com. Seth Weintraub, the creator and publisher of the 9to5 network, founded Electrek and frequently writes for the site.
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14 hours ago |
electrek.co | Fred Lambert
Tesla’s (TSLA) board is reportedly exploring a new CEO pay deal for Elon Musk, who might not get back his $55 billion 2018 compensation package. According to a new Financial Times report, Tesla’s board created a new “special committee” to explore a new CEO pay package for Musk.
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18 hours ago |
electrek.co | Fred Lambert
Robyn Denholm, Tesla’s chairwoman, made five times more money than the next best-paid board chair, a role Tesla’s CEO Elon Musk said was useless. In 2018, Musk settled with the SEC for falsely claiming he had secured funding to take Tesla private at $420 a share, he was forced to resign as chair of Tesla’s board.
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1 day ago |
electrek.co | Fred Lambert
Tesla has shared a video of the progress of its Optimus humanoid robot, but it still looks like it is catching up to the competition. CEO Elon Musk has been telling shareholders that Optimus is a multi-trillion-dollar opportunity for the company. Musk believes that Tesla is going to eventually produce tens of millions of Optimus robots per year.
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1 day ago |
electrek.co | Fred Lambert
Based on insurance registration, Tesla’s deliveries in China dropped to a scary low level last week despite having ramped up production of the new Model Y. China and the US are Tesla’s two most important markets. Tesla makes its profit, albeit declining profits, in the US and from China, where it gets its volume.
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1 day ago |
electrek.co | Fred Lambert
Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery factories in Canada amid uncertainty over trade. It’s the latest example of Canada’s backing the US plan backfiring. A few years ago, Canada sided with the US in its plan to save the US auto industry, which was falling behind the rest of the world in the transition to electric vehicles.
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