Automotive

Elon Musk Tries to Woo Tesla Shareholders With Factory Tours as He Seeks Support for His $56 Billion Pay Package

Elon Musk Tries to Woo Tesla Shareholders With Factory Tours as He Seeks Support for His $56 Billion Pay Package

Elon Musk is offering Tesla shareholders a tour of the company's Texas factory next month as he seeks support for his $56 billion compensation package.


Toyota Unveils Futuristic Engine Plans: Combining Traditional Combustion with Green Fuels

Toyota unveils plans to revolutionize the traditional internal combustion engine, integrating it with green fuels and electric motors in hybrids.

Toyota Is Set to End Massive Sponsorship Deal With International Olympic Committee: Report

Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).

Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure

Stellantis is expected to announce the production of a hybrid version of its 500e electric vehicle at the Mirafiori plant in Turin, Italy, in response to union demands and to address declining EV sales and government criticism.


Latest News

Elon Musk Slams Lucasfilm President for "Woke" Themes in Latest "Star Wars" Spinoff
Elon Musk stated that neither he nor Tesla were involved in President Joe Biden's decision to implement a 100% tariff on Chinese electric vehicles.
Nissan Postpones Plan to Build New EVs at Mississippi Factory Amid Sluggish Sales Growth
Nissan has decided to delay its plan to build new EVs at its factory in Canton, Mississippi. Nissan has decided to delay its plan to build new electric vehicles (EVs) at its factory in Canton, Mississippi, since EV sales are increasing slower than anticipated.
Elon Musk Confirms Threat to Tesla Shareholders That He'll Take AI, Robotics Stuff Away Unless He Gets More Voting Control
Elon Musk has confirmed his threat to Tesla shareholders that he will take AI and robotics products away from the company unless his demand for 25% ownership is met.
Tesla Shareholders Oppose Elon Musk Pay Package, Say CEO Lacks Strong Leadership for Being Busy to Other Businesses
Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
A BMJ study found electric vehicles are three times more likely to hit urban pedestrians and twice as likely in rural areas compared to petrol or diesel cars.
Elon Musk Receives Proposal From Nickel-Rich Indonesia to Establish EV Battery Plant in the Country
Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
VinFast Under Federal Investigation Over VF 8 Electric Vehicle Crash in California That Killed Family of Four
VinFast is under federal investigation following a fatal crash in California involving its VF 8 electric vehicle that resulted in the deaths of a family of four.
BMW Recalls Over 390,000 US Cars Over Potential Issues With Takata Airbags
The US Senate accuses BMW and other automakers of buying car components from a banned Chinese supplier. Here's what officials shared.
Volkswagen Door Flaw Leads To Mass Recall; US NHTSA Says Over 50,000 EVs Affected
Volkswagen's door flaw concerns the U.S. NHTSA. Because of this, over 50,000 EVs are estimated to be affected by the mass recall.
Tesla Offers Unofficial Discounts to European Leasing Companies Amid Price Cut Fallout
Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service.
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