Jaguar Land Rover is to invest more than £1m to help police tackle car thefts in the UK as part of ongoing efforts to reassure its luxury vehicle owners. The cash will be used to support police operations in hotspots, as well as fund intelligence gathering and target ports used by criminal gangs to smuggle
Aerial view of Olmeca oil refinery belonging to the Petroleos Mexicanos (PEMEX) company, located in Paraiso, Tabasco state, Mexico, May 20, 2024. Yuri Cortez | Afp | Getty Images Crude oil futures held steady Thursday after the latest round of economic data indicated that inflation is easing in the U.S., potentially opening a path for
Tesla shareholders have approved Elon Musk’s multi-billion-dollar pay package. The package is now worth $44bn (£34bn). The package was once as much as $56bn (£44bn) but has declined in value in tandem with Tesla’s stock. The proposal passed despite opposition from some large institutional investors and proxy firms. Onstage at the annual shareholder meeting in
Tesla shareholders have approved Elon Musk’s $56bn (£44bn) pay package. The proposal passed despite opposition from some large institutional investors and proxy firms. Onstage at the annual shareholder meeting in Austin, Texas, the billionaire described himself as “pathologically optimistic”. “If I wasn’t optimistic this wouldn’t exist, this factory wouldn’t exist,” Musk said to resounding applause.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images
After repeatedly claiming that Tesla will not allow owners to transfer Full Self-Driving capability to new vehicles, Tesla CEO Elon Musk agreed today that Tesla will allow them to do so for “one more quarter.” Tesla has been selling its FSD system for many years now, to the point where many early owners have been
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates. Here’s how the company did in comparison with LSEG consensus:
Former U.S. President Donald Trump speaks at a dinner at Mar-a-Lago on June 5, 2024 in West Palm Beach, Florida. Now that his criminal trial in New York has wrapped up, the former president has scheduled a number of fundraising events around the country to aid his presidential bid. (Photo by Eva Marie Uzcategui/Getty Images)
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft, arrives at federal court in Washington, D.C., on Monday, Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will evaluate its employees’ cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company’s vice chair
Americans will still be able to buy an abortion pill after the US Supreme Court threw out a bid by campaign groups to restrict access to it. The decision was made by the same court that two years ago overturned Roe v Wade – which had previously given women rights to terminate a pregnancy. The
Tesla appears to be behind the acquisition, or “acqui-hire”, of a company developing direct drive motors for robots as it is being liquidated by Koch Engineered Solutions. Besides the SolarCity acquisition, Tesla has avoided large acquisitions despite a significant cash position. However, the automaker is known to have made several smaller acquisitions, especially in the
Elon Musk has claimed a “wide margin” of support among Tesla shareholders for a $56bn pay package due to him but which was blocked by a court. A new shareholder vote was ordered after a judge in Delaware ruled in January that the 2018 awards had effectively been controlled by the billionaire, as the board
Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric vehicle makers mostly surged on Thursday morning after the European Union announced higher tariffs of up
As the race heats up to introduce more affordable electric cars, Ford is bringing on some of the best EV engineers to help it compete. Over the past few months, Ford has hired talent from Tesla, Rivian, Apple, and Lucid to help accelerate the development of affordable EVs. A bet on affordability Ford CEO Jim
U.S. crude oil rose more than 1% Wednesday, extending this week’s rally as OPEC and the Department of Energy see steady demand this year. The Department of Energy raised its global consumption growth forecast to 1.1 million barrels per day, up from 900,000 bpd previously. The increased demand implies a supply deficit with world production
Police have been “made aware of a potential electoral matter” after multiple general election candidates were registered under the name of a YouTube prankster. Independent candidates under the name Niko Omilana are listed in 11 constituencies across England and Scotland – including Rishi Sunak‘s, Richmond and Northallerton. Omilana appears to have alluded to the move
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Justin Sullivan | Getty Images Oracle shares jumped more than 10% on Wednesday, a day after the
Greece has shuttered tourist hotspots and schools across Athens as the first heatwave of the summer strikes. Temperatures were tipped to hit highs up 43C (109F) on Wednesday and Thursday in parts of the Mediterranean country. Meteorologists say the high temperatures is being driven by southerly winds bringing hot air and dust from North Africa.
Tesla claims that it currently has two Optimus humanoid robots working autonomously in a factory, which would be a first. If there’s one good thing about this compensation package mess going on right now is that it almost looks like Tesla has a PR department again. Sure, its raison d’etre is almost entirely about trying
Denmark’s food agency has recalled three South Korean spicy instant ramen noodle products – warning consumers they are so hot they might cause “acute poisoning”. The Samyang Foods products being withdrawn are Samyang Buldak 3x Spicy & Hot Chicken, 2x Spicy & Hot Chicken and Hot Chicken Stew. The agency issued the warning on Tuesday
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