Elon Musk and other Tesla board members have agreed to return over $735 million in stock awards and cash as part of a settlement of a lawsuit over the board’s compensation. In 2020, the Police and Fire Retirement System of Detroit, a Tesla shareholder, decided to sue Tesla over what it believed to be excessive
Associated Press Jul 17, 2023, 06:58 PM ET DENVER — The Colorado Avalanche have avoided arbitration with forward Ross Colton, signing him to a four-year contract. The deal is worth $16 million with a $4 million annual salary-cap hit, according to a person with knowledge of the move. The person spoke Monday to The Associated
As Porsche moves toward an electric future, the automaker aims to deliver the same margins with its EVs, if not more, than its ICE models. Porsche’s production manager Albrecht Reimold says the Taycan and Macan EVs are “on the right track” to achieve a comparable margin with its combustion engine models. After its debut in
Elon Musk says the Ford F150 Lightning is too expensive, as Ford slashes the price to help demand catch up to increased production. As Tesla Cybertruck’s price is up in the air, some believe this could hint at the electric pickup truck coming in cheaper than the Lightning. Today, Ford announced price drops across its
Kia is already accumulating sales after beginning deliveries of its flagship electric SUV less than a month ago. Kia sold over 1,300 EV9 models in its first month on the market. Kia drops first EV9 monthly sales report in June After several months of teasing, Kia finally took the sheets off its new electric SUV
Tesla is suing a supercapacitor company in Australia for patent infringement, despite the automaker’s pledge that “all our patents are belong to you.” But Tesla’s pledge to open its patents came with a very important requirement that this company didn’t respect. In a now-famous blog post called “All Our Patent Are Belong To You,” Elon Musk
Discounts on green energy gear are about more than just switching to a more environmentally-conscious option, as they can also help you save some time too. That’s exactly what the $75 discount on this Sun Joe electric pressure washer can do at $164, though switching to the more eco-friendly model can also save you some
Tesla has now officially launched its new ‘Charge on Solar’ feature to let its electric car owners charge their vehicles with sunshine. Renewable energies, like solar, wind, and hydro, are rapidly being deployed, and they are starting to produce excess energy. Batteries are expected to fix that and enable better use of these energy sources
Jul 17, 2023, 12:12 PM ET The Winnipeg Jets avoided arbitration by re-signing center Morgan Barron to a two-year deal worth $2.7 million on Monday. Barron, 24, set single-season career highs in goals (8), assists (13), points (21) and penalty minutes (31) in 70 games in the 2022-23 season. He has 27 points (11 goals,
Ford Motor Company says it is in the home stretch of massive upgrade to its Rouge Electric Vehicle Center in Michigan – soon enabling the facility to triple F-150 Lightning production. This level of scaling paired with reduced raw materials costs is now enabling Ford to cut the price of all trims of the F-150
Nissan’s sales continue to climb in the US on the wings of its Ariya SUV – its second BEV model after the long-running LEAF – but the Japanese automaker is facing a major recall of over 1 million vehicles across three global markets. For over a decade the Nissan LEAF has the automaker’s lone BEV
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Chairman Jim Jordan, R-Ohio, center, and ranking member Rep. Jerrold Nadler, D-N.Y., conduct the House Judiciary Committee hearing on the “Report of Special Counsel John Durham,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images House Judiciary
Police in Western Australia are trying to work out what a mystery object is after it washed up on a remote beach. The gold-coloured cylinder, estimated to be 2.5 metres long and 2.5 metres wide, was found and reported by local residents on Sunday afternoon at Green Head, about 155 miles north of Perth. Officers
A pensioner involved in a two car crash in North Lanarkshire has died in hospital. Margaret Allan, was taken to hospital after the red Peugeot 108 she was driving was involved in a collision with a Ford Mondeo Titanium on Condorrat Ring Road in Cumbernauld on 15 June. The 77-year-old died on 6 July. A
In this article MS AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., right, reacts to a customer carrying a Macintosh SE during the opening of the new Apple BKC store in Mumbai, India, on Tuesday, April 18, 2023. Cook officially opened Apple Inc.’s first company-owned store in India,
In this article NFLX DIS Follow your favorite stocksCREATE FREE ACCOUNT Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance of Motion Picture and Television Producers for federal mediation, but it refused to again
Radio presenter Jeremy Vine says he has reached an agreement with a Twitter user who falsely identified him as the BBC star facing allegations of inappropriate behaviour. Vine, who hosts an afternoon programme on Radio 2, was one of several BBC presenters who spoke out to deny their involvement, days before News At Ten anchor
A four-year-old girl has died after being found “unresponsive” in Dumfries and Galloway. Police Scotland has launched a probe into the “unexplained” death after being called to a house in Eastwood Avenue, Stranraer, on Sunday morning. The girl was taken to hospital, where she was pronounced dead a short time later. A spokesperson said: “Around
A hospital ward has been put on lockdown following a COVID outbreak. It comes as doctors in Scotland have warned the decision to remove face mask guidance in healthcare settings is “playing Russian roulette” with staff and patients’ welfare. Medical Ward 1 within Western Isles Hospital in Stornoway has been closed to new admissions to
Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. David Paul Morris | Bloomberg | Getty Images Artificial intelligence will be the biggest bubble of all time, according to the CEO of open-source AI company Stability AI. Speaking with UBS