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Elon Musk’s $56 billion pay plan voided as shareholders beat Tesla in court

Judge: Tesla board members "were beholden to Musk or had compromising conflicts." Enlarge (credit: Aurich Lawson / Duncan Hull / Getty) Tesla CEO Elon Musk's $55.8 billion pay package was unfair to the electric carmaker'.....»»

Category: topSource:  arstechnicaJan 31st, 2024

Rivian outlines path to profitability with $5 billion investment from Volkswagen Group

Rivian will use its cash and Volkswagen money to build new Rivian models, executives said at an investor day event. The EV startup will share part of its new platform with VW brands......»»

Category: topSource:  autonewsRelated News8 hr. 13 min. ago

Tesla says Model 3 that burst into flames in fatal tree crash wasn’t defective

Lawsuit alleged defects with both Tesla's self-driving and Model 3 flammability. Enlarge (credit: CFOTO / Contributor | Future Publishing) Tesla has denied that "any defect in the Autopilot system caused or contributed".....»»

Category: topSource:  arstechnicaRelated News12 hr. 13 min. ago

SCOTUS kills Chevron deference, giving courts more power to block federal rules

EPA rules and FCC net neutrality order at risk: "No consumer protection is safe." Enlarge / Supreme Court Chief Justice John Roberts and Associate Justice Sonia Sotomayor arrive for President Joe Biden's State of the Union addres.....»»

Category: topSource:  arstechnicaRelated News12 hr. 13 min. ago

Biden’s New $1.8-Billion Transportation Package Stars Climate Projects

Climate-related highway fixes and electric and hydrogen fuel-cell buses are among the projects getting federal help in a new round of funding.....»»

Category: scienceSource:  sciamRelated News13 hr. 45 min. ago

Supreme Court Allows Emergency Abortions in Idaho—For Now

A Supreme Court decision allows emergency abortion care despite a state ban in Idaho while the case works its way through lower courts.....»»

Category: scienceSource:  sciamRelated News13 hr. 45 min. ago

The Supreme Court’s Idaho Decision Lets Me Keep Saving Lives

In its decision in Idaho v. U.S. the Supreme Court has decided to uphold the ability of emergency medicine providers like me to use abortion to stabilize or save a life.....»»

Category: scienceSource:  sciamRelated News13 hr. 45 min. ago

Misinformation Experts ‘Vindicated’ by Supreme Court Ruling

A recent Supreme Court decision rules that the U.S. government can talk to scientists and social media companies to curb online falsehoods.....»»

Category: scienceSource:  sciamRelated News13 hr. 45 min. ago

Volkswagen"s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout"s Planned Revival

Volkswagen"s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout"s Planned Revival.....»»

Category: gadgetSource:  yahooRelated News13 hr. 45 min. ago

Ultra-Orthodox Jews block highway over Israeli Supreme Court decision on military service

Ultra-Orthodox Jews block highway over Israeli Supreme Court decision on military service.....»»

Category: gadgetSource:  yahooRelated News13 hr. 45 min. ago

Justice Department charges nearly 200 people in $2.7 billion health care fraud schemes crackdown

Justice Department charges nearly 200 people in $2.7 billion health care fraud schemes crackdown.....»»

Category: gadgetSource:  yahooRelated News13 hr. 45 min. ago

NASA taps Elon Musk"s SpaceX to bring International Space Station out of orbit in a few more years

NASA taps Elon Musk"s SpaceX to bring International Space Station out of orbit in a few more years.....»»

Category: gadgetSource:  yahooRelated News13 hr. 45 min. ago

Supreme Court weighs in on homelessness crisis, reinstating an Oregon city’s ban on public sleeping

Supreme Court weighs in on homelessness crisis, reinstating an Oregon city’s ban on public sleeping.....»»

Category: topSource:  marketingvoxRelated News14 hr. 45 min. ago

A Tesla driver says he crashed his brand new Cybertruck after the brakes stopped working

A Tesla driver says he crashed his brand new Cybertruck after the brakes stopped working.....»»

Category: topSource:  informationweekRelated News15 hr. 12 min. ago

Polestar reports growing red ink for 2023 as EV demand slows

The electric-vehicle maker had repeatedly delayed reporting results because of accounting issues. Net losses widened to $1.17 billion from $481.5 million in 2022......»»

Category: topSource:  autonewsRelated News15 hr. 45 min. ago

Toyota Motor in talks to build Lexus factory in Shanghai, report says

Toyota seeks a deal similar to what Tesla received, including tax breaks, policy support, land grants and, unusually for China, the ability to own and control the facility outright without the need for a local venture partner, Bloomberg reported......»»

Category: topSource:  autonewsRelated News15 hr. 45 min. ago

Outage from CDK cyberattacks could cost dealers $1 billion, study says

Anderson Economic Group said affected dealers could be out about $600 million after two weeks and could lose roughly $1 billion if the dealer management system shutdown lasts until the July 4 holiday weekend. Its calculations include estimated losses.....»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

Apple’s secret plan to change iPhone batteries forever

In the not-too-distant future, Apple may create iPhones with impressive new battery tech. Here’s how it might work......»»

Category: topSource:  digitaltrendsRelated NewsJun 27th, 2024

Amy Coney Barrett Breaks Ranks on Supreme Court’s Dangerous EPA Ruling

Amy Coney Barrett Breaks Ranks on Supreme Court’s Dangerous EPA Ruling.....»»

Category: topSource:  theglobeandmailRelated NewsJun 27th, 2024

Supreme Court issues stay on EPA’s ozone plan, despite blistering dissent

The court can't even agree on how the EPA was proposing to structure regulations. Enlarge / Ozone-producing chemicals come from a variety of sources and don't respect state borders. (credit: John Edward Linden) On Tuesda.....»»

Category: topSource:  arstechnicaRelated NewsJun 27th, 2024

‘Back to the negotiating table’: US Supreme Court puts $100M of NC opioid funds in limbo

‘Back to the negotiating table’: US Supreme Court puts $100M of NC opioid funds in limbo.....»»

Category: topSource:  pcmagRelated NewsJun 27th, 2024