Today on Critical Materials: Tesla pushes for Musk's big pay day, insiders recall details of Supercharging team's dismissal, and Cruise reaches a settlement.
There have been some rather interesting decisions coming out of Tesla lately. From layoffs to the company's direction—the public, owners, and investors are feeling a bit confused. Now, the company is not just advocating for shareholders to vote for its CEO's pay package but has hired someone to help convince them. Welcome back to Critical Materials, your daily roundup for EV and automotive tech.
” On Friday, Musk posted that “Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year.” Two former Supercharger staffers called the $500 million expansion budget a significant reduction from what the team had planned for 2024 - but nonetheless a challenge requiring hundreds of employees.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk Going 'Absolutely Hardcore' With Tesla LayoffsThe bulk of the company’s Supercharger team is being laid off, and at least five senior executives have resigned, been pushed out, or announced their departures
Read more »
As Tesla Profits Fall, Elon Musk Says Tesla Will Make a Cheaper Car After AllScience and Technology News and Videos
Read more »
Tesla Investors To Musk: 'At Least Appear To Make Tesla Your Top Priority'This week is set to be a tumultuous one for Tesla as investors seek answers about robotaxis, the stock price and Musk's compensation.
Read more »
Tesla board urges retail investors to back Elon Musk's $56 billion pay dealTesla's board is trying to woo its unusually large base of individual investors to endorse Chief Executive Officer Elon Musk’s $56 billion pay package.
Read more »
Here's the inside story of why Elon Musk fired the entire Tesla Supercharger staffGet in-depth info on the 2024 Tesla Model 3 including prices, specs, reviews, options, safety and reliability ratings.
Read more »
Tesla rehires some Supercharger workers weeks after Musk cut themTesla has begun hiring back some of the almost 500 members of its Supercharging team that Chief Executive Officer Elon Musk dismissed late last month.
Read more »