Tesla said Tuesday that CEO Elon Musk is insuring company directors, citing high premiums from insurance companies. The billionaire pledged 54% of his stake in Tesla to make the offering, up from 40% in 2018. No stranger to high insurance costs, Tesla last year launched an insurance offering for owners […]
Tesla announced Thursday that it is appointing Hiro Mizuno to its board of directors. Mizuno was most recently the chief investment officer of Japan’s $US1.5 trillion government pension fund, the largest such retirement pool in the world. The former investment banker’s appointment as a director could mark an end to […]
Tesla said in a filing on Friday that it had added two new board members: Larry Ellison and Kathleen Wilson-Thompson. The appointments are part of Tesla’s $US20 million settlement with US regulators in September. Last month, Robyn Denholm replaced CEO Elon Musk as chair of the board. Shares of Tesla […]
Tesla has until the end of November to add two independent directors to its board, as per a $US40 million settlement with the Securities and Exchange Commission. CtW Investment Group and elected officials from three states are urging the company to go above and beyond the legal requirements in order […]
Telsa board members have proposed 21st Century Fox CEO James Murdoch succeed Elon Musk as chairman. Murdoch previously came under fire, ahead of his re-election to the board in May, due to a lack of relevant experience. Follow Tesla in real-time here. Some members of Tesla’s board of directors have […]
Tesla delivered 8% more vehicles in the third quarter than Wall Street analysts had expected. Still, the stock sank following the announcement and was continuing to slide Wednesday as analysts began looking to Tesla’s third-quarter earnings later this month. The company is expected to report its results on October 31 […]
Elon Musk will no longer serve as chairman of Tesla‘s board of directors as part of the CEO’s settlement with the Securities and Exchange Commission. Four of the board’s nine members could still have conflicts, though, according to proxy-firm Glass Lewis. In an interview, Glass Lewis’ head of environmental, social, […]
Tesla‘s annual meeting is set to kick of at 5:30 pm ET in California on Tuesday. The stock is down 2.5% ahead of the meeting. Follow Tesla’s stock price in real-time here. Shares of Tesla slid as much as 2.5% Tuesday as investors arrive for the electric-car maker’s annual meeting […]
Tesla‘s annual meeting kicks off Tuesday afternoon in California. Short bets against the company have been at/near record levels for years, and don’t appear to be budging anytime soon. Three board seats, including the one held by CEO Elon Musk’s brother, have come under fire ahead of the meeting. Follow […]
Tesla rose as much as 2% Monday, getting it back near the $US300 resistance level that it has flirted with all year. There’s a movement to boot four members – including Elon Musk’s brother Kimball – from Tesla’s board. Follow Tesla’s stock price in real-time here. Shares of Tesla rose […]
Steve Jurvetson, a member of Tesla’s board since 2009, has been on a leave of absence for six months. Proxy firm Glass Lewis is advising shareholders to boot him from his position due to the absence. There is also pressure from investors to remove the board’s director, as well as […]
