Norway’s $2 Trillion Wealth Fund Turns Against Elon Musk’s $1 Trillion Tesla Pay Deal

November 4, 2025

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Business

Norway’s $2 trillion sovereign wealth fund, the world’s largest, has announced that it will vote against Elon Musk’s record-breaking $1 trillion compensation package at Tesla’s upcoming shareholder meeting, challenging the company’s leadership and Musk’s influence. The fund, officially managed by Norges Bank Investment Management (NBIM) and a major Tesla shareholder, revealed on Tuesday that it […]

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Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

“Take Back Tesla” Campaign Pushes Shareholders to Block Elon Musk’s $1 Trillion Pay Deal

October 27, 2025

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Just ahead of Tesla’s quarterly earnings release, a powerful coalition of labor unions and corporate accountability groups has launched a campaign challenging Elon Musk’s record-breaking $1 trillion compensation package. The initiative, called “Take Back Tesla,” is led by organizations including the American Federation of Teachers and Public Citizen. The campaign’s newly launched website urges Tesla […]

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Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Tesla Unveils AI5 Chip Built in the U.S., Musk Says It Won’t Replace Nvidia — Yet

October 27, 2025

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Tesla is ramping up its artificial intelligence ambitions with a powerful new chip — the AI5 — that will be produced at Samsung’s Texas facility and TSMC’s Arizona foundry, according to CEO Elon Musk. During the company’s Q3 earnings call, Musk revealed that Tesla aims for “excess production” of the AI5 chip, ensuring enough supply […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Tesla Misses Earnings, Meta Slashes Jobs, and U.S. Tightens Oil Sanctions on Russia — Your Morning Market Brief

October 27, 2025

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1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]

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Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Elon Musk Skips Trump’s Star-Studded White House Tech CEO Dinner

September 5, 2025

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Business

President Donald Trump is set to host an exclusive gathering of two dozen top tech and business leaders on Thursday evening in the newly renovated White House Rose Garden. Among the high-profile invitees are Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft co-founder Bill Gates, and OpenAI’s Sam Altman, according to a White House […]

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Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

September 1, 2025

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Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]

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Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

Tesla Ordered to Pay Over $240 Million After Fatal Autopilot Crash, Jury Rules

August 4, 2025

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A Florida jury has ruled that Tesla holds partial responsibility for a deadly 2019 crash involving its Autopilot system and has awarded nearly $242.5 million in total damages to the victim’s family and an injured survivor. The jury allocated 33% fault to Tesla, making the company liable for around $42.5 million in compensatory damages. In […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

July 25, 2025

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Former President Donald Trump publicly refuted speculation that he intends to jeopardize Elon Musk’s business ventures by eliminating government subsidies. In a statement shared on Truth Social, Trump clarified, “Many are saying I plan to destroy Elon’s companies by ending his federal subsidies. That’s simply not true. I want Elon—and every U.S. business—to flourish more […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

July 17, 2025

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Business

In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions