VENTURE CAPITAL POST

Tesla is objecting to a $5.6 billion legal fee requested by the legal team that voided Tesla CEO Elon Musk's $56 billion pay package.

Tesla has introduced a navigation software update in China by partnering with Baidu, a Chinese company, to improve safety and the driving experience.

Former Tesla board member and clean technology venture capitalist Steve Westly said that he is siding with current board members plotting a coup against the move to increase Elon Musk’s pay package to $56 billion.

Billionaire investor Ron Baron, a major Tesla shareholder, has backed Elon Musk's $56 billion pay package.

Joe Gebbia, a Tesla director, revealed that he was considering selling a house from his start-up, Samara, to Tesla CEO Elon Musk, according to a report.

Tesla stands firm in support of Elon Musk's $56 billion compensation plan despite criticism from shareholders calling it "excessive."

Lucid Group Inc. has recently made the decision to reduce its workforce by 400 employees by the end of the year.

A Tesla shareholder has filed a lawsuit accusing CEO Elon Musk of insider trading, alleging he sold $7.5 billion in shares before poor production and delivery figures were released, resulting in $3 billion in improper profits.

Tesla has accused proxy advisory firm Glass Lewis of "scaremongering" after it advised shareholders to vote against Elon Musk's $56 billion compensation 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.

Argentinian President Javier Milei is scheduled to meet several top-level Silicon Valley executives in the United States this week, including the bosses of Meta, Google, Apple, and OpenAI.

Glass Lewis advises Tesla shareholders to reject Elon Musk's $56 billion pay package due to concerns over its size, dilutive impact, and Musk's involvement in other ventures.

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.

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.

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.