Cleantech & EV’s

Tesla has filed a proxy with shareholders to ask them to vote for the company to move its state of incorporation to Texas and re-pass Elon Musk’s 2018 CEO massive compensation plan that was rescinded by a Delaware judge earlier this year. In January, a judge sided with lawyers representing a Tesla shareholder alleging that Tesla’s board misrepresented Elon Musk’s CEO compensation package…

The National Transportation Safety Board is investigating two fatal crashes involving two separate Ford Mustang Mach-Es crashing into stationary vehicles, where three people have died. In at least one of the crashes, Ford’s BlueCruise hands-free driver-assist system was activated at the time of the crash, while the second one is under preliminary investigation. Here’s what happened. The first…

Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the company. Some of them are talking about layoffs as high as 20% of the workforce, which would mean tens of thousands of…