Judge reaffirms Elon Musk’s $56 billion pay package
A Delaware judge upheld a previous ruling that rescinded Tesla CEO Elon Musk’s $56 billion pay package, dealing a significant blow to Musk and the EV maker.
Chancellor Kathaleen McCormick...
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
Headlines
Jaguar unveils ‘Type 00’ concept with daring new look
On Monday, Jaguar revealed its latest concept car, the "Type 00," marking a bold step in its journey toward becoming an all-electric brand.
The all-electric vehicle features a flamboyant minimalistic...
Hyundai and Kia shatter November sales records with EV lineup gains
Hyundai and Kia achieved record-breaking U.S. sales in November, driven by strong demand for electric vehicles (EVs), hybrids, and crossovers. The automakers' continued focus on electrification and diverse lineups has...
BYD overtakes Ford as the sixth-largest automaker
BYD, the Chinese automaker, is quickly climbing the ranks and is on track to sell 4 million units this year. The company recently outsold Ford, pushing the legacy automaker out...
Carlos Tavares resigns amid company struggles and leadership disputes
Stellantis CEO Carlos Tavares has stepped down effective immediately, ending nearly four years at the helm of the automaker formed through the merger of PSA Group and Fiat Chrysler Automobiles...
VW workers stage strikes across Germany amid escalating labor dispute
Volkswagen employees across Germany launched warning strikes today, intensifying the standoff with the automaker over proposed changes to labor agreements and potential factory closures.
The strikes, which impacted nine car and...
Tesla tops November global market with $1.1 trillion growth
In a significant development, Tesla's market value surged in November, catapulting it to the forefront of the global market and putting it in direct competition with industry giants like Walmart,...
CFO Ma’s sudden departure complicates Nissan’s road to recovery
Nissan Motor's CFO, Stephen Ma, is stepping down amid a series of executive changes, marking another challenge for the automaker as it struggles to navigate a turbulent year. Sales have...
Vehicle sales surge as consumer confidence hits new heights
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted annual rate (SAAR) of 16 million...
Retail auto M&A rises in Q3 amid lower profit margins
Retail auto mergers and acquisitions (M&A) are picking up steam in 2024, even as dealership profitability normalizes from pandemic-era highs. According to Haig Partners, Q3 saw 92 rooftops change hands,...
