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…

Read More

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…

Read More

Tesla Adjusts FSD Pricing: Musk Responds to Criticism

April 22, 2024 – Recent reports have indicated that Tesla has made several adjustments to the pricing of its FSD (Full Self-Driving) software, sparking widespread discussion and raising questions about the pricing strategy adopted by Elon Musk and Tesla. In response to external inquiries, Musk commented on an article discussing Tesla’s frequent price adjustments, stating…

Read More