Screenshot Tesla has now disclosed that it is spending money to promote its shareholders vote to approve of Elon Musk’s $55 billion compensation package. Back in 2018, Tesla shareholders approved one of the biggest compensation plans of all-time: a $55 billion fully stock-based CEO compensation plan for Elon Musk. In January, a judge sided with lawyers… Continue reading Tesla now spends ad money to influence shareholders approval of Elon Musk’s $55B payday
Author: Electrek Newsfeed
Tesla’s head of Cybertruck manufacturing is out
Tesla’s head of Cybertruck manufacturing has left the company. It’s unclear if he was involved in yet another round of layoffs or if he left on his own accord. Over the last month, Tesla has been conducting several major waves of layoffs across its entire organization. At least 10% of the workforce has been let… Continue reading Tesla’s head of Cybertruck manufacturing is out
There are over 140 ‘used’ Tesla Cybertrucks for sale
There are over 140 Tesla Cybertrucks for sale om the “used” market and the prices are all over the place. As we previously reported, Tesla did its best to discourage the reselling of early Cybertrucks, but it didn’t completely stop it. The automaker added a no-resale clause to its order agreement and blacklisted some owners… Continue reading There are over 140 ‘used’ Tesla Cybertrucks for sale
Tesla launches 0.99% financing on Model Y for limited time
Tesla is now offering heavily discounted 0.99% financing on Model Y for a limited time in an attempt to boost orders. For the past year, Tesla CEO Elon Musk has mostly blamed the company’s demand issues on high interest rates. Most people buy new vehicles with loans and the 5 to 7% interest rates are… Continue reading Tesla launches 0.99% financing on Model Y for limited time
A one-of-a-kind secret Tesla Roadster R&D prototype is for sale
You’ve perhaps heard of the original Tesla Roadster, the car that started Tesla and the EV revolution. Now, a Roadster you probably haven’t heard of is for sale – a one-of-a-kind prototype for a performance package that never saw the light of day. Recently, we got an email tip about an original Tesla Roadster which the… Continue reading A one-of-a-kind secret Tesla Roadster R&D prototype is for sale
GM demos its new Energy products by running a mansion off a Silverado EV
Photo: GM GM has a new suite of energy products that allow you to share power between your car and your home, and we got to see them in action. GM invited us to a swanky house in Beverly Hills to demonstrate its new home energy products, including vehicle-to-home (V2H) backup power that allows you… Continue reading GM demos its new Energy products by running a mansion off a Silverado EV
Elon Musk says Tesla is spending $500 million on Superchargers this year after firing entire team
Elon Musk says Tesla is going to spend over $500 million on expanding the Supercharger network this year after firing the entire charging team. It says a lot about the reason behind the firing. Last week, Elon Musk fired Tesla’s entire charging team amid broader layoffs at the company. We reported that the move resulted in Tesla backing… Continue reading Elon Musk says Tesla is spending $500 million on Superchargers this year after firing entire team
EnviroSpark just got $50M, and it’s ready to hire Tesla Supercharger team talent
Photo: IHG Hotels & Resorts Thanks to a new $50 million investment, Atlanta-based EV charging company EnviroSpark wants to hire as many of the Tesla Supercharger team as possible. The $50 million investment from mid-market infrastructure equity investment firm Basalt Infrastructure Partners will allow EnviroSpark to rapidly grow its owned and operated network across the… Continue reading EnviroSpark just got $50M, and it’s ready to hire Tesla Supercharger team talent
BP tells property owners left in the dark by Elon Musk firing Tesla charging team to call them
BP pulse, the fossil fuel giant’s EV charging division, is asking property owners left in the dark by Elon Musk firing Tesla’s charging team to give them a call as it plans to scoop up some of the sites. Last week, Elon Musk fired Tesla’s entire charging team to make a statement against the head… Continue reading BP tells property owners left in the dark by Elon Musk firing Tesla charging team to call them
Tesla loses another manager to layoffs – but this one quit due to morale
The Tesla layoff saga continues, with a manager leaving the company after 7 years. But this time, the manager wasn’t laid off, but rather left on his own volition due to the effect that layoffs had on morale. It seems like every few days there’s another notice of new layoffs at Tesla. It started with… Continue reading Tesla loses another manager to layoffs – but this one quit due to morale