ITBEAR

Tesla Hits Milestone: 3 Millionth Car Rolls Off Production Line at Fremont and Nevada Gigafactories

May 19, 2024 – Tesla, the electric vehicle giant, announced a significant milestone yesterday afternoon via its X platform account. The company revealed that it had manufactured its three millionth car, marking a remarkable achievement in the automotive industry. Accompanying the announcement were a pair of photographs showcasing the landmark vehicle, a sleek deep blue…

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Tesla Pushes for Shareholder Approval of Musk’s Lucrative Compensation Package and Texas Relocation

May 16, 2024 – Tesla is actively lobbying its shareholders to approve two key proposals at the upcoming annual general meeting. The first proposal seeks approval for CEO Elon Musk’s 2018 compensation package worth $56 billion (currently valued at approximately 405.44 billion Chinese yuan), while the second proposal aims to relocate Tesla’s incorporation from Delaware…

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Mercedes-Benz to Forge Ahead with Pure Electric Vehicle Platforms

May 16, 2024 – Amidst recent rumors suggesting a reduction in investment towards electric vehicle (EV) platform research and development, as well as the abandonment of the planned MB.EA Large architecture, Mercedes-Benz has responded to Dongchedi, reassuring its commitment to electric transformation. The automaker stated, “Mercedes-Benz will not stop developing new pure electric vehicle architecture…

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