Tesla to seek investor approval for 3-for-1 stock split

(Reuters) — Electric vehicle maker Tesla on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company also said Oracle co-founder Larry Ellison, a friend of Tesla Chief Executive Officer Elon Musk, will not stand for re-election to Tesla’s board when his term ends… Continue reading Tesla to seek investor approval for 3-for-1 stock split

Why Nio Stock Is Sinking Further Today

Barrons.com Tesla Unveils Plan for 3-for-1 Stock Split Tesla wants to split its stock 3-for-1, the company said in a proxy statement Friday. “Our success depends on attracting and retaining excellent talent, not only through providing a respectful, safe, inclusive and equitable workplace, but also through offering outstanding benefits and highly competitive compensation packages,” Tesla… Continue reading Why Nio Stock Is Sinking Further Today

Tesla Stock Vs. BYD Stock: TSLA Split Looms While Hottest EV Stock Races Toward Highs

TheStreet.com Uber Will Likely Follow the Movements of the Broader Market For his second “Executive Decision” segment of Thursday’s Mad Money program, Jim Cramer sat down with Dara Khosrowshahi, CEO of Uber Technologies . When asked about the changing expectations on Wall Street, Khosrowshahi explained that we live in complicated times, and during complicated times,… Continue reading Tesla Stock Vs. BYD Stock: TSLA Split Looms While Hottest EV Stock Races Toward Highs

Cleantechnica: ERCOT & Tesla: How Virtual Power Plants Can Help Texas Electricity Grid & Save Lives 002033

Tesla held a virtual power plant (VPP) workshop for the Electric Reliability Council of Texas (ERCOT) on May 31. Gail Alfar, the writer at What’s Up Tesla?, attended and shared her thoughts. Also in May, Tesla made a request for Powerwall owners in Texas to opt into the Tesla ERCOT Demonstration to show the utility exactly… Continue reading Cleantechnica: ERCOT & Tesla: How Virtual Power Plants Can Help Texas Electricity Grid & Save Lives 002033

Clean Technica: Is It A Tesla Model Y In Australia?002032

After several sightings of Tesla Model Ys on car transporters on the highway, it looks like we may now have confirmation of their arrival in showrooms. This photo below of a suspicious looking black shape in the workshop area of the Valley Tesla showroom this morning (Friday) was taken by Majella Waterworth. Is it a… Continue reading Clean Technica: Is It A Tesla Model Y In Australia?002032

“Severe” Sriracha Shortage Threatens Spiceless Summer

“The apocalypse is nigh.” Sad Sriracha If you’re out of Sriracha, you might soon be out of luck — because the manufacturers of the classic rooster sauce say their already “severe” shortage might last through the summer, CBS reports. While Huy Fong Foods, the makers of Sriracha, warned us back in April that issues with… Continue reading “Severe” Sriracha Shortage Threatens Spiceless Summer

The Tricky Business of Elon Musk Getting Twitter Fire-Hose Access

Elon Musk’s never-ending attempt to take over Twitter has taken yet another weird turn as the social media platform appears to have acceded to the entrepreneur’s request to gain access to a “fire hose of” internal data held by the company. For weeks, Musk has pressed Twitter to provide data that would allow the South… Continue reading The Tricky Business of Elon Musk Getting Twitter Fire-Hose Access

QuantumScape loses manufacturing chief over management style mismatch

Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over “differing management styles between the parties,” the filing with the U.S. Securities and… Continue reading QuantumScape loses manufacturing chief over management style mismatch