Results for: Tesla

Tesla has recalled the majority of its Cybertrucks in the United States due to issues with windshield wipers and exterior trim. This marks the fourth recall for the 2024 Cybertruck in five months, affecting 11,688 vehicles. The recall addresses a potential failure in the windshield wiper motor controller and improper attachment of the trunk bed trim sail applique, posing safety risks to drivers. These recalls come amidst a challenging year for Tesla, marked by poor earnings and increasing competition in the electric vehicle market.

Sweden’s metal workers’ union, IF Metall, is taking Tesla to court for refusing to provide financial information. The union argues that Swedish law mandates companies to inform unions about their financial situation, even without a collective agreement. This legal action follows a strike launched by IF Metall against Tesla for refusing to sign a collective wage agreement, escalating into a larger conflict involving multiple unions across Nordic countries.

A shocking incident occurred in Florida where 34 Tesla Cybertrucks were vandalized with expletives against CEO Elon Musk. The incident happened overnight, and while Tesla has temporarily paused Cybertruck deliveries due to windshield wiper issues, the vandalism highlights growing tensions surrounding the company and its CEO.

Tesla is expanding its lineup with three new models in the pipeline, adding to its existing five. These new vehicles could include a budget-friendly EV, the much-anticipated Tesla Cybercab, and potentially a rugged SUV or the long-awaited Tesla Roadster. While details are scarce, speculation and rumors abound, leaving fans eager for the company’s next move.

Tesla has filed a lawsuit against Matthews International, alleging that the former supplier stole trade secrets related to its dry electrode battery production process and shared them with other electric vehicle manufacturers. Tesla claims the damages could exceed $1 billion.

Tesla has reportedly halted deliveries of the Cybertruck for a week due to a problem with the windshield wiper motor. Multiple reports from owners indicate issues with the wiper functioning, including complete failure. This is not the first production issue for the Cybertruck, which previously faced a recall due to an accelerator pedal problem.

Tesla stockholders have overwhelmingly approved a $44.9 billion pay package for CEO Elon Musk and voted to move the company’s headquarters to Texas. The pay package was originally valued at $56 billion but has declined in value due to a drop in Tesla’s stock price. Musk reassured shareholders that he would remain with the company for the next five years.

Elon Musk, the CEO of Tesla and SpaceX, is facing allegations of inappropriate behavior and sexual relationships with multiple employees. According to a report by The Wall Street Journal, Musk allegedly had a sexual relationship with a former SpaceX intern and later hired her into his executive team. The report also claims that Musk had a similar relationship with another employee and asked a third woman to have his children, which she refused. The report cites emails, text messages, and interviews with individuals close to the women involved. This is not the first time Musk has faced such accusations, with five former SpaceX employees alleging a culture of sexual harassment in 2021.

Norway’s $1.7 trillion sovereign wealth fund, the eighth-largest shareholder in Tesla, has announced its opposition to ratifying Tesla CEO Elon Musk’s $56 billion pay package, which will be put to a shareholder vote next week. The fund’s decision is based on concerns about the package’s size, structure, and lack of mitigation for key person risk. The fund expressed appreciation for Musk’s contributions but emphasized the need for fair compensation.

Tesla and X owner Elon Musk has congratulated Narendra Modi on his re-election as Prime Minister of India for a third term. Musk expressed his anticipation for his companies to contribute to exciting projects in India. He had previously planned a visit to India in April, but it was postponed due to Tesla obligations. Despite the delay, Musk intends to visit India later in the year and potentially discuss Tesla’s plans for the country. India’s recent launch of its EV policy has garnered attention from Musk, who believes it is a natural progression for his company to provide electric vehicles in India. The 2024 Lok Sabha election results concluded with the BJP securing 240 seats, below their previous count. Prime Minister Narendra Modi will be sworn into office on June 9, 2024, by President Droupadi Murmu.