Elon Musk is betting Tesla on its Optimus program, which he now says will add tens of trillion of dollars to its valuation. He added that Tesla should have over 1,000 humanoid robots working in its factories next year, but he is delaying a recently shared timeline. Musk started out Tesla’s shareholder meeting with a… Continue reading Elon Musk bets Tesla on Optimus, says over 1,000 robots working in factories next year
Author: Electrek Newsfeed
Elon wins, Ford backs down, a cheap electric Jeep, & Honda lease deals | Quick Charge
Watch Elon’s $56 billion victory lap live as Ford walks back its controversial Model E program and snaps up Tesla, Rivian, and Apple car castaways to help it build affordable EVs, Jeep’s $25,000 electric Renegade, Honda’s lease deals, and more on today’s electrifying episode of Quick Charge! PS: you all hated the extra film grain,… Continue reading Elon wins, Ford backs down, a cheap electric Jeep, & Honda lease deals | Quick Charge
Honda is launching its new electric N-VAN e starting at $15,500
The highly anticipated electric Honda N-VAN e will officially hit the market in October. Honda announced its new electric N-Van will start at $15,500 (2,439,800 yen) as it looks to ramp up EV sales. Honda has been teasing a new light electric van based on its gas-powered N-VAN since 2022. Last October, a prototype was… Continue reading Honda is launching its new electric N-VAN e starting at $15,500
Tesla shareholders officially approve all company proposals, backing the board on almost everything
Tesla shareholders have officially approved all company proposals at their annual shareholders meeting. They are backing the board – though they voted to shareholder proposals that the board recommend against. There was no surprise at Tesla’s annual shareholders meeting – mainly because CEO Elon Musk had leaked the results from the two main proposals: the ratification… Continue reading Tesla shareholders officially approve all company proposals, backing the board on almost everything
Tesla, Elon Musk sued by shareholders for breach of fiduciary duty over AI funneling threats
Tesla’s board of directors and Elon Musk are being sued by shareholders for breach of fiduciary duty over threats that the CEO made about not building AI products at Tesla, and even funneling resources to his private companies. Just as Tesla’s board sat down for the company’s 2024 annual shareholders meeting, shareholders are suing the… Continue reading Tesla, Elon Musk sued by shareholders for breach of fiduciary duty over AI funneling threats
Tesla (TSLA) shareholders meeting news hub: watch Elon’s victory lap
Join us for our coverage of Tesla’s 2024 annual shareholders meeting, also called ‘Cyber Roundup’. We will know the full results of the shareholder votes and there are likely going to be a few announcements coming out of the event. Obviously, CEO Elon Musk already killed the suspense by revealing that proposals 4 and 5,… Continue reading Tesla (TSLA) shareholders meeting news hub: watch Elon’s victory lap
Tesla jumps on talent of Koch company making direct drive for robots
Tesla appears to be behind the acquisition, or “acqui-hire”, of a company developing direct drive motors for robots as it is being liquidated by Koch Engineered Solutions. Besides the SolarCity acquisition, Tesla has avoided large acquisitions despite a significant cash position. However, the automaker is known to have made several smaller acquisitions, especially in the… Continue reading Tesla jumps on talent of Koch company making direct drive for robots
Tesla vote results: shareholders said ‘yes’ again to his ~$55B in pay, claims Musk
With Tesla’s shareholder meeting still hours away, Tesla CEO Elon Musk shared charts suggesting that shareholders have approved two controversial ballot measures. With Tesla’s shareholder meeting coming tomorrow, Tesla has been spending the last several weeks campaigning hard to get shareholders to vote. There are multiple shareholder proposals on the ballot, along with votes to… Continue reading Tesla vote results: shareholders said ‘yes’ again to his ~$55B in pay, claims Musk
Optimus gets to work, a new BYD, EV forecasts, and go karts | Quick Charge
Tesla tweeted news that it has two autonomous Optimus robots working at its factory, BYD announces a new, RWD hot hatch, EV sales are building towards future growth, and there’s a new, internationally recognized electric karting championship coming to the US. All this and more on today’s exciting episode of Quick Charge. And the best… Continue reading Optimus gets to work, a new BYD, EV forecasts, and go karts | Quick Charge
Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo
After introducing new incentives, the Honda Prologue EV is now cheaper to lease than Tesla’s Model Y. Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Can it compete with Tesla’s best-selling Model Y? After kicking off production of its first global electric SUV in February, the… Continue reading Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo