8 d. ago Elon Musk could be 'kicked out' of Tesla as investor dubs him 'detrimental to the company'

Elon Musk's position as Tesclo CEO could be under threat after a major Tesla investor called on the board to oust oust him and dubbed the tycoon and world’s richest person ‘detrimental to company’

Economics

1 week ago Major Tesla investor says Elon Musk must choose: Tesla or Trump

‘Either Elon should come back to Tesla ... and give up his other jobs, or he should focus on the government,’ Ross Gerber says

Politics

2 w. ago Notable Tesla investor says he hopes Musk’s government role is ‘short

Christopher Tsai retains faith in carmaker’s earnings potential despite backlash that has seen its shares take a hitA devoted investor in Elon Musk’s Tesla – and once a close childhood friend of the US president’s eldest son and namesake – says he hopes the world’s richest man’s role in cutting federal spending for Donald Trump’s administration is “short-lived” and that he returns to managing his businesses.Investment manager Christopher Tsai, whose firm has tens of millions of dollars tied up in Tesla, said the stock market had demonstrated clear signs of displeasure with Musk’s activities at the so-called department of government efficiency. And, in an interview with the Guardian, Tsai said: “I hope his involvement with [Doge] is short-lived so he can spend even more time on his businesses.” Continue reading...

Politics

2 w. ago Musk’s bad day: Tesla’s stock tanks costing mogul $18 billion as X suffers major outage

Stock in the EV manufacturer is down more than 51 percent from its all-time high, which was set in December

Economics

2 w. ago Musk’s bad day: Tesla’s stock tanks costing mogul $12 billion as X suffers major outage

Stock in the EV manufacturer is down more than 51 percent from its all-time high, which was set in December

Economics

3 w. ago ‘Major brand worries’: Just how toxic is Elon Musk for Tesla?

With sales down and electric vehicle rivals catching up, the rightwing politico’s brand is driving into a stormGlobally renowned brands would not, ordinarily, want to be associated with Germany’s far-right opposition. But Tesla, one of the world’s biggest corporate names, does not have a conventional chief executive.After Elon Musk backed Alternative für Deutschland (AfD) – calling the party Germany’s “only hope” – voters are considering an alternative to Tesla. Data released on Thursday showed that registrations of the company’s electric cars in Germany fell 76% to 1,429 last month. Overall, electric vehicle registrations rose by 31%. Continue reading...

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