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...Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans....
...The results come at a turbulent time for Musk and the electric vehicle sector....
...After 87 per cent voted in favour, Musk said he “will move immediately to hold a shareholder vote to transfer state of incorporation to Texas”....
...Investors, who are already digesting a steadily falling share price, disappointing sales figures, and a contentious plan to move company headquarters from Delaware to Texas, face another conundrum: whether...
...He testily refused to comment this week on reports that the ambitious Model 2 project — which called for a new “revolutionary manufacturing system” at factories in Texas and Mexico — had been scrapped so...
...In the X poll, 87.1 per cent of 1.1mn voters said the electric-car maker should change its state of incorporation....
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
...Emails go unanswered, including all the ones we’ve sent about when Tesla will hold an investor vote on moving its corporate registration to Texas, which Musk said on February 1 would be happening “immediately...
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
...Tesla is also advancing with plans to build its own lithium hydroxide refinery on the Texas Gulf Coast....
...China’s BYD overtook Tesla as the world’s top electric-vehicle manufacturer in the fourth quarter of 2023, delivering 1.58mn fully electric cars....
...The pair, who have traded supportive messages over the past year on Musk’s X platform, met at Tesla’s factory in Austin, Texas, and discussed “the need to liberate markets” and “the importance of eliminating...
...The Texas plant has a production goal of 250,000 Cybertrucks a year, although the company does not expect to meet that objective until at least 2025....
...Following Tuesday’s ruling, Musk held a poll on social media site X, which he owns, asking whether Tesla should move its incorporation from Delaware to Texas, where it is already headquartered....
...But as chief executive he has promised a shareholder vote on moving Tesla’s incorporation to Texas, which has formed a business court....
...Shares of utility company Xcel Energy dropped sharply this week over potential financial exposure to the largest wildfire in Texas history....
...Also joining the board are Kevin Howell, former head of NRG’s Texas business, Alex Pourbaix, former chief executive of Canadian oil group Cenovus Energy, and Marcie Zlotnik, co-founder of Texas retail electricity...
...Wednesday was also the first time that Musk put a figure on expected Cybertruck production at the company’s Texas plant....
...Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s board of directors and had...
...Many of these were growth stocks, including the hot technology businesses of the day — Xerox, IBM and Texas Instruments — while others belonged to consumer companies such as Coca-Cola and Procter & Gamble...
...The other is the Permian Basin — the vast oilfield that stretches across west Texas and New Mexico — where production increases have slowed amid constraints on fracking imposed by local authorities....
...Sodergren said the company has been expanding its investments in semiconductors in the past six or seven years, including a new site in Austin, Texas, and an expanded team in Sweden....
...shaky electric vehicle market better than expected....
...Not widely known outside the energy industry, NRG says it has 7.3mn customers including a huge presence in Texas, home to 60 per cent of its 16 gigawatts of generating capacity....
...Hacking Inc....
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