Following bombshell allegations earlier this year, a new report by the Transportation Ministry of Japan found that Toyota falsified data to certify select vehicles. The news caused the carmaker’s stock valuation to plummet by $15 billion in one week. Toyota…
Tinubu’s motorcade : What you should know about the Toyota Land Cruiser SUV with its several roof-mounted antennas. The Electronic Countermeasures Toyota Land Cruiser normally drives in front of the Presidential Official State Car. It is designed to counter guided…
Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along…
The stock market had a mixed performance last week, as the U.S. economy added more jobs than expected, but the unemployment rate rose to 4%, breaching that level for the first time since January 2022. Investors are doubtful about the…
Norway’s sovereign wealth fund operated by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday. It’s the latest pushback over the size of the pay package, which…
Tesla’s former audit committee chair and a prominent clean technology venture investor said he wouldn’t back Elon Musk’s $56 billion pay package and he understands why other investors will vote against the CEO’s pay proposal next week. “Look, Elon’s done…
Toyota temporarily stopped supplying three vehicle models in Japan. The car manufacturer came to this decision after failing to comply with Japanese laws and regulations regarding vehicle certification. In Japan, Toyota is temporarily suspending deliveries of the Corolla Fielder, Corolla Axio,…
Elon Musk claims he can grow Tesla into “a leader in AI & robotics,” an ambition that he’s said will require a lot of pricey processors from Nvidia to build up its infrastructure. On Tesla’s first-quarter earnings call in April, Musk said the electric vehicle company will…
Zenith Bank new CEO assumes office in style as she turns up at Lagos HQ in Toyota Land Cruiser 300 SUV. Umeoji officially took over from Dr. Ebenezer Onyeagwu on June 1st, whose time in office expired on May 31st…
For such an extravagant pay package, you would expect Musk’s full attention – which Tesla doesn’t have – Apu Gomes/Getty Images Tesla’s shareholders will be offered a free tour of a Tesla factory, perhaps a blue tick on X, the…