Stock Widget Tesla TSLA -2.85% ▼ shareholders approved a record-setting pay package for Chief Executive Elon Musk, a plan designed to motivate the world’s richest man with as much as $1 trillion in additional stock. Flanked by dancing humanoid robots…
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What should have been a peaceful drive down a scenic California mountain road turned into a harrowing life-or-death struggle for 69-year-old retired radiologist Dr. Peter Rothschild, whose Volvo XC90 plug-in hybrid suddenly lost its ability to brake. With dashcam footage capturing every moment of the escalating crisis, the terrifying incident is now at the center of a nationwide recall affecting nearly 12,000 Volvo vehicles — and raising serious questions about the automaker’s safety practices and software deployment.
Tesla Inc. TSLA –.–% Mumbai, India – Tesla Inc. is set to make its long-awaited debut in India next week, officially entering the world’s third-largest automobile market with the opening of its first showroom in Mumbai. The U.S. electric vehicle (EV)…
Detroit, MI – Ford Motor Co. is facing a persistent supply shortage of rare-earth magnets—critical components for EV motors and various automotive systems—despite a recent U.S.–China agreement intended to ease export restrictions. The situation remains dire, forcing Ford into a…
Omead Afshar, a veteran Tesla executive long known as Elon Musk’s personal “fixer,” has quietly exited the company, marking a notable shift in the automaker’s leadership structure. Afshar—who joined Tesla in 2017 and rose to prominence by overseeing the Texas Gigafactory…
Hong Kong-listed shares of China’s Xiaomi surged over 5% to hit a record high on Friday, a day after its electric car drew a strong response from customers. The consumer electronics company, a relatively newer player in the EV market, took aim straight…
