Topline Shares of Tesla rallied Thursday to their highest level since late April as the automaker’s billionaire CEO Elon Musk said shareholders approved his controversial $50 billion compensation package, easing some investor concerns about the mercurial Musk leaving Tesla in…
There are two critical parts to any adventure: getting to your destination and then getting back. Adventure takes on a whole new meaning in Colorado’s rugged and remote San Luis Valley. This vast expanse, spanning 8,000 square miles, is a…
Sebastien Buemi went quickest in the two-hour FP2 night session on Wednesday in the #8 Toyota GR010 HYBRID Le Mans Hypercar with a time half a second up on his nearest rival. He emulated team-mate Brendon Hartley, who topped the…
Several Tesla shareholders are accusing Elon Musk and the company’s board of knowingly diverting talent and resources away from the company and directing it toward Musk’s rival artificial intelligence company, xAI. In a lawsuit, the shareholders allege that Musk and…
Toyota Gazoo Racing Europe technical boss David Floury revealed that the Argentinian was “up to speed immediately” on his return to the cockpit of the Le Mans Hypercar at last weekend’s Le Mans Test Day for the first time since…
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…