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The Latest Breaking News from Christian Marquardt

Major Tesla investor to vote against Elon Musk’s $1 trillion pay package

Norway’s sovereign wealth fund calls Musk a ‘visionary,’ but says it has concerns about the figure

The Independent UK

Tesla sold precisely zero cars in Turkey in January—now it’s Musk’s hottest market. Here's why

The Eurasian country came within striking distance of becoming Tesla's third largest global market for the month of June, but analysts question the sudden surge: 'Those numbers are weird.'

Fortune

Tesla Loses Top Spot As Musk's Most Valuable Asset As Board Members Sell Millions In Stock

Tesla's stock continues to tumble as board members and executives have sold off more than $100 million in shares.

International Business Times

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Trump Administration Could Ease Rules For Self-Driving Cars: Report

The move could benefit billionaire Tesla CEO Elon Musk, who was recently picked to help "dismantle" the federal bureaucracy and "slash excess regulations."

International Business Times

German Tesla managers are visiting the homes of sick workers to ‘appeal to the employees’ work ethic,’ factory boss says

Unionized workers claim poor conditions are responsible for employees calling out sick.

Fortune

Tesla's poor Q3 numbers show it's not a tech juggernaut, but a struggling car company

Tesla just posted its lowest quarterly EPS in two years at 66 cents, a figure that lagged consensus estimates by 10%, but take a look under the hood.

Fortune

Tesla Extends Loan Duration Amid Rising Interest Rates

Customers can now spread payments over longer period; but may end up paying more than car's actual value

Zenger

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Tesla unveiled its first Cybertruck but we still don’t know how much it even costs

There is still no data on its specs, trim levels or pricing, meaning no one can place a firm order.

Fortune

Amber Heard vs Johnny Depp: 10 celebrities who were named in the defamation trial

Elon Musk, Kate Moss and Eddie Redmayne among the stars who were mentioned in the case

The Independent UK

Renault refuses to get drawn into Elon Musk’s EV pricing war

Some carmakers are refusing to get drawn into Elon Musk’s Tesla EV price war.

Fortune

El Paso charter fight tests whether a Texas city will move away from fossil fuels

As global efforts to combat climate change falter, climate activists have turned to local initiatives to rein in carbon emissions. A May vote on a city charter amendment has thrust El Paso into the fray.

The Texas Tribune

Tesla is recalling thousands of Model Ys—and this time software can’t fix the problem

Elon Musk has repeatedly taken issue with the word "recall" being used when an over-the-air software update could fix the issue.

Fortune

The EV wars are here and it's 'now or never' for major players like Ford and GM to gain ground against Tesla, according to Wedbush analyst Dan Ives

“There is a window of opportunity to gain share...and 2023 is a pivotal year that will establish the winners and losers in this EV landscape,” Wedbush tech analyst Dan Ives says amid the industry's price cuts.

Fortune

An NYU economics professor says that Elon Musk has an 'amazingly fraught relationship with Wall Street' and warns that Tesla faces several risks

Joseph Foudy, an economics professor at New York University’s Stern School of Business, warns Twitter has been a distraction for Elon Musk, and rising EV competition could hurt Tesla's sales growth.

Fortune

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Fortune

Bill Gates says we should tax the rich—but maintains he wouldn’t ban anyone from being a billionaire

The Microsoft founder said he is "surprised" taxes on the rich aren't higher, but believes the private sector is still crucial.

Fortune

Tesla investors took a licking this year thanks to Elon’s disastrous Twitter bid—2023 may deliver the knockout blow

With production now rapidly expanding into a softening global car market, Tesla might be in for a bumpy ride if it faces its first-ever bonafide demand problem.

The Guardian - UK

Beam me down: can solar power from space help solve our energy needs?

The latest developments in solar tech offer potential solutions to the energy security crisis – including satellites that would convert sunlight into power for Earth

The Guardian - UK

A new confidence: the east German economy finally gets a boom

As supply chains fray around the globe, branches of industry are choosing Germany’s east to return to Europe

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WEKU

Elon Musk has a 'super bad feeling' about the economy and wants Tesla to cut jobs

Musk wants the electric auto maker to cut 10% off its staff according to a Reuters report.

WEKU

Elon Musk denies a report accusing him of sexual misconduct on a SpaceX jet

The SpaceX CEO disputes a report alleging that his company settled a sexual misconduct claim for $250,000, after he exposed himself and propositioned a flight attendant.

The Conversation

Elon Musk's Twitter takeover isn't quite a done deal: what happens now

Elon Musk’s US$44 billion offer to buy Twitter and turn the social media platform into a private company is almost a done deal.

People

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