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buyers, Cybertruck, delays, delivery, issue, News, reporting, Science, Tech, Tesla, windscreen, wipers
Tesla Cybertruck buyers reporting delivery delays over ‘windscreen wipers issue’ | Science & Tech News
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Tesla Cybertruck buyers have been reporting delivery delays due to an issue with the vehicle’s windscreen wipers. Tesla’s Cybertruck is a stainless steel electric vehicle that costs between $57,390 (£45,170) and $96,390 (£75,870). Owners pre-order it directly from Tesla and then wait for it to be delivered. Over the weekend, however, buyers waiting for their…
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Tesla shareholders approve Elon Musk’s huge pay package | Business News
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Tesla shareholders have approved Elon Musk’s multi-billion-dollar pay package. The package is now worth $44bn (£34bn). The package was once as much as $56bn (£44bn) but has declined in value in tandem with Tesla’s stock. The proposal passed despite opposition from some large institutional investors and proxy firms. Onstage at the annual shareholder meeting in…
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Tesla shareholders approve Elon Musk’s $56bn pay package | Business News
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Tesla shareholders have approved Elon Musk’s $56bn (£44bn) pay package. The proposal passed despite opposition from some large institutional investors and proxy firms. Onstage at the annual shareholder meeting in Austin, Texas, the billionaire described himself as “pathologically optimistic”. “If I wasn’t optimistic this wouldn’t exist, this factory wouldn’t exist,” Musk said to resounding applause.…
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Musk cheers ‘wide margin’ of support for record $56bn Tesla pay package | Business News
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Elon Musk has claimed a “wide margin” of support among Tesla shareholders for a $56bn pay package due to him but which was blocked by a court. A new shareholder vote was ordered after a judge in Delaware ruled in January that the 2018 awards had effectively been controlled by the billionaire, as the board…
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Elon Musk: Tesla shareholders urged to stop chief executive’s ‘excessive’ £56bn payday | Business News
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Tesla shareholders have been urged to vote against plans to pay its chief executive Elon Musk up to $56bn (£44bn). The compensation package, if approved, would be the biggest ever for a chief executive in the US. However, proxy advisory firm Institutional Shareholder Services (ISS) has warned the amount is “excessive” and said it would…
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Tesla recalls thousands of Cybertrucks over jammed accelerator issue | Business News
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Tesla has recalled more than 3,800 of its Cybertruck models following complaints that the accelerator pedal is at risk of getting stuck, US regulators have announced. The National Highway Traffic Safety Administration (NHTSA) had contacted the carmaker, founded and run by Elon Musk, about the issue earlier in the week. That was after a video…
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Tesla to cut around 15,000 jobs under Musk drive for ‘productivity’ – reports | Business News
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Tesla is cutting 10% of its global workforce in a bid to reduce costs and bolster productivity, it has been reported. The electric vehicle maker, founded and run by Elon Musk, was yet to comment on a story earlier on Monday by Electrek that it was to axe about 15,000 personnel. The tech publication said…
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Elon Musk’s Tesla suffers sales slump in ‘unmitigated disaster’ for billionaire | Business News
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Tesla has reported a sharp fall in worldwide sales amid increased competition and slowing demand for electric vehicles. The carmaker said it delivered 386,810 vehicles during the first quarter of the year – down nearly 9% on the 423,000 it shipped from January to March last year. It marks the first year-on-year quarterly sales decline…
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Concerns raised over Tesla drivers using VR headsets | US News
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Videos have emerged of people driving Teslas while wearing what appear to be virtual reality headsets, with the US transport secretary issuing a warning. A video posted on X showed a Tesla driver who seemed to be gesturing with his hands while using Apple’s recently released Vision Pro headsets. The device, which was released last…
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Elon Musk cannot keep $55bn Tesla pay package, judge rules | US News
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Elon Musk must give up a compensation package awarded by Tesla’s board of directors that is potentially worth more than $55bn (£43.4bn), a judge has ruled. The Delaware court decision comes five years after a shareholder lawsuit targeted the Tesla chief executive and the directors. The company is incorporated in the state, with oversight for…