#tesla

#tesla

A cyclist was hospitalized after being stabbed at the famed Marin Headlands on Saturday, officials said. CHP spokesperson Arthur Tellez told SFGATE the stabbing occurred at 11:40 a.m. on a congested section of Conzelman Road, near Alexander Avenue where the roads intersect with Highway 101. Tellez said the driver of a black Tesla and a cyclist got into an altercation, with the cyclist suffering stab wounds from a knife.

In his annual shareholder letter-the last one he will pen as CEO before Berkshire vice chair Greg Abel takes over on Jan. 1-Buffett suggested chief executives are driven by greed and selfishness to drive up their own pay after seeing competitors ratchet up their own remunerations. "What often bothers very wealthy CEOs-they are human, after all-is that other CEOs are getting even richer," he said. "Envy and greed walk hand in hand. And what consultant ever recommended a serious cut in CEO compensation or board payments?"

The company has been building a dedicated production facility in Reno, Nevada, that has finally taken shape, but Tesla was evidently not finished with the Semi's development. Tesla shares rare peek at Semi factory's interior Last week at the Annual Shareholder Meeting, Tesla said it had implemented some new designs into the Semi, helping with efficiency, updating its design, and making it a more suitable vehicle for hauling loads, as the changes also helped increase payload.

Tesla is now in the business of short-term car rentals, as the company tries to mitigate falling sales in the US following the expiry of federal tax credits for electric vehicles. Rentals are currently being offered in two California Tesla stores in San Diego and Costa Mesa, with plans to expand to more locations by the end of this year, Electrek reports.

S&P 500 futures are down about 21 points. The SPDR S&P 500 ETF ( SPY) is down about a point. Dow futures are down about 126, as the Nasdaq slips about 112 points. While the day doesn't look bright, keep your eye on the 50-day moving average on the major indices. That moving average has now served as strong support a few times. And if it happens again, the major indices could bounce.

The lawsuits, , allege that management and staff at Tesla's factory in Fremont, California, routinely subjected Black employees to harassment and racial bias, including using racist language and deliberately holding back promotions. Four lawsuits filed in September by the Oakland law firm Hunter Pyle Law in against Tesla in California Superior Court have been removed to federal court in California, in the Northern District of California, which has courtrooms in San Jose, Oakland and San Francisco.

Tesla Inc.'s ( NASDAQ: TSLA) share price is 5.0% higher than a week ago and trading near an all-time high, ahead of a shareholder vote on CEO Elon Musk's record-breaking $1 trillion pay package. The stock is 64.9% higher than six months ago, outperforming the S&P 500 in that time. Tesla stock has gained 83.8% over the past year, so plenty of investors are still drawn to the EV market leader,

Right now is a good reminder that while Tesla CEO Elon Musk is about to ask his shareholders for a trillion-dollar pay package, his car company is getting smoked pretty much everywhere. Arguably, nowhere is that more evident and urgent than in Europe, where electric-vehicle growth continues despite the United States backslidingand where Tesla's most potent rival isn't backing off. Welcome back to Critical Materials, our morning roundup of industry and technology news, coming soon to your inbox as well.

Tesla's shareholders are ready to vote tomorrow on whether to give Elon Musk an even more vast slice of the company in an effort to keep him focused on selling electric vehicles. Currently, the trolling tycoon appears a little obsessed with the UK, a place he appears to conflate with Middle Earth, which investors may or may not take into account when making their decision. What they ought to take into account is how many cars Tesla sold last month.

Markets are still concerned that AI valuations are stretched. Leading recent AI losses, Palantir ( NASDAQ: PLTR) dropped, even after beating earnings estimates with solid guidance to boot. EPS of 21 cents beat estimates of 17 cents. Revenue of $1.18 billion was above estimates of $1.09 billion. While impressive, the market has become nervous about Palantir's valuation - especially as it trades at 200x forward earnings.

As noted in a report from Korea JoongAng Daily, the demand for energy storage systems has been growing rapidly in North America, thanks in no small part to the surge in AI investments across numerous companies. With this in mind, Tesla has reportedly approached Samsung SDI about a potential battery supply deal. The deal is reportedly worth over 3 trillion Korean won (approximately $2.11 billion) and will span three years, according to The Korea Global Economic Daily.

That sounds like a lot, but when you crunch the numbers, the cash savings are disappointing. Experts are predicting that electric car sales in the United States will plummet after the $7,500 federal tax credit's demise. As a result, Tesla, the biggest player in the industry, is trying to attract buyers with all sorts of special offers, now that all the cars in its lineup are effectively $7,500 more expensive.