Tesla Inc
Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. +$1 trillion The richest man in […]
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CNBC Daily Open: It’s a bad time to be a tech investor — or employee
An Amazon Web Services Inc. office in Herndon, Virginia, U.S., on Thursday, Aug. 29, 2024. Bloomberg | Bloomberg | Getty Images October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology […]
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Southeast Asia’s largest bank CEO warns investors: ‘Buckle up, we’re in for a volatile ride’
Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images With valuations in the U.S. stock market becoming increasingly stretched, the chief executive of Southeast Asia’s largest bank is warning investors to expect turbulence ahead. “We’ve seen a lot of volatility in the markets. It could be equities, […]
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Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says the company will likely need to build a “gigantic” semiconductor fabrication plant to keep up with its artificial intelligence and robotics ambitions. “One of the things I’m trying to […]
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CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
Traders works on the floor of the New York Stock Exchange. NYSE October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology sector was the hardest hit, with 33,281 cuts, almost […]
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Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares. Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors […]
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Tariffs in doubt, Musk’s pay plan, shutdown flight reductions and more in Morning Squawk
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to the White House on November 2, 2025 after taking off from Palm Beach International Airport in West Palm Beach, Florida. Samuel Corum | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five […]
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Elon Musk expected to prevail in Tesla shareholder vote over CEO’s $1 trillion pay plan
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla is expected to announce on Thursday the results of a shareholder vote determining whether CEO Elon Musk should receive a pay package of nearly $1 […]
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Tesla sales in Germany have cratered from last year, data shows
Elon Musk, CEO of Tesla Inc., arrives at the Tesla plant in Gruenheide, Germany, on March 13, 2024. Krisztian Bocsi | Bloomberg | Getty Images Tesla sold just 750 electric vehicles in Germany for October 2025, less than half of what it sold a year ago, according to data out Wednesday from the country’s federal […]
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Xpeng to let other carmakers use its partly-autonomous driving system
Key Points Chinese electric car company Xpeng is releasing a new version of its driver-assist system that it says significantly reduces the need for human intervention. The company is opening the tech to other companies, starting with Volkswagen. Xpeng also claimed the new system outperforms Tesla’s Full Self-Driving in certain aspects. Source
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