Elon Musk’s attorneys plead with Judge to vacate $56bn Tesla pay package decision

By Joey Klender Posted on August 2, 2024 Elon Musk’s attorneys are in Delaware today, pleading with Judge Kathaleen McCormick to vacate her decision to invalidate the Tesla CEO’s $56 billion pay package that was ratified by shareholders this past June. In January, Judge McCormick said Musk’s $56 billion pay package was invalidated because she …

Tesla China sells 74,117 vehicles wholesale in July 2024

By Simon Alvarez Posted on August 2, 2024 Data from the China Passenger Car Association (CPCA) has revealed that Tesla China was able to sell a total of 74,117 vehicles wholesale in July 2024. The numbers represent a strong start to the second half of the year, and it bodes well for Giga Shanghai’s output …

Tesla lands three models in Carvana’s Top 5 EV trade-ins for Q2

By Joey Klender Posted on August 1, 2024 Tesla landed three of its models in Carvana’s Top 5 electric vehicle trade-ins for the second quarter of 2024, revealing many gas and EV buyers are turning their cars in for either the Model 3, Model Y, or Model S. Tesla seems to have a knack for …