Funds run by BlackRock voted in favor of a recent shareholder proposal that would have required Tesla to replace Elon Musk with an independent chairman. The proposal, which was defeated, would not have affected Musk's standing as Tesla's CEO. More than…

Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to replace Elon Musk with an independent chairman. BlackRock-managed funds voted for a measure requiring the chairman be an independent director, according to BlackRock’s filing with the U.S. Securities and Exchange Commission on Thursday. The proposal, […]

An attorney representing Vernon Unsworth, the British cave diver who helped rescue the 12 Thai children trapped in a cave in July, informed Elon Musk on August 6 that Unsworth is preparing a lawsuit against the Tesla CEO for libel. 

The British caving expert who coordinated the rescue of 12 Thai children trapped underground has informed Elon Musk he is preparing to sue him, after the Tesla founder labelled him a “paedo” on Twitter.  Vernon Unsworth, 63, enraged the billionaire when he rejected his offer of sending a submarine to assist the rescue, pointing out […]

Monday, August 27: Elon Musk announces in a blog post that he will not take Tesla private; Warren Buffett's Berkshire Hathaway to buy stake in India's Paytm; Tiger Woods urges support of President Donald Trump and 'respect of the office.' Yahoo Finance's Julia La Roche pours over today's Business + Coffee!

Tesla CEO Elon Musk announced Friday that Tesla will remain a public company. The announcement came two weeks after Musk said he was considering taking the company private and suggested a shareholder vote was the only remaining step in the process. In an email to employees acquired by Business Insider, Musk said that, while there […]

Elon Musk, CEO of Tesla and SpaceX, has a net worth around $23.6 billion. Musk said in January he will not receive any form of payment or compensation until Tesla reaches $100 billion in market cap. A notorious workaholic, Musk doesn’t spend cash on lavish vacations or expensive hobbies.

Tesla CEO Elon Musk said Friday that the company would continue to be publicly traded, weeks after suggesting that he would take the electric carmaker private. Musk met with Tesla’s board of directors on Thursday “and let them know that I believe the better path is for Tesla to remain public. Musk surprised markets on […]

DETROIT (AP) — Electric car and solar panel maker Tesla Inc. will remain on the public stock exchanges after CEO Elon Musk said Friday that investors have convinced him the company shouldn't go private.

Tesla and Apple compete for the same talent in fields like software, batteries, supply chain, and mechanical engineering. So there has always been a lot of employees that jump from one company to the other.But recently, the flow has been going from Tesla to Apple, according to CNBC, which says that the iPhone maker has poached […]