Tesla – Page 3 – California Globe

CalSTRS Announces They Will Vote Against Tesla CEO Elon Musk’s $50 Billion Compensation Package

June 10, 2024 4:33 pmJune 10, 2024 4:33 pm

California State Teachers’ Retirement System (CalSTRS) Chief Investment Officer Christopher Ailman announced on Monday that the group will vote against reinstating a $56 billion pay package to Tesla and SpaceX CEO Elon Musk, becoming the latest entity promising to not...

Tesla Announces 601 More Employees Laid Off in Fremont, Palo Alto

May 15, 2024 12:34 pmMay 15, 2024 12:34 pm

According to a new Worker Adjustment and Retraining Notification (WARN) notice filed late on Monday, electric automaker Tesla is to fire another 601 at their Palo Alto development hub and Fremont factory, adding to the over 3,300 employees in the...

Environmental Non-Profit Sues Tesla Over Alledged Clean Air Act Violations At Fremont Plant

May 15, 2024 2:35 amMay 15, 2024 2:36 am

Environmental non-profit group Environmental Democracy Project sued Tesla on Tuesday, claiming that Tesla’s Fremont auto factory has violated the federal Clean Air Act “Hundreds of times”. In the past few years, Tesla has paid multiple fines over questionable environmental practices....

Oracle Moving Headquarters Out Of Austin Only 4 Years After Moving Out Of California

April 26, 2024 5:00 pmApril 26, 2024 5:06 pm

Oracle CEO Larry Ellison announced earlier this week that he would be moving Oracle from Austin to Nashville, Tennessee, despite only moving away from California in the first place in 2020. Originally headquartered in Santa Clara upon it’s founding in...

Tesla Lays Off 3,332 Employees In California

April 23, 2024 7:09 pmApril 23, 2024 7:09 pm

According to Worker Adjustment and Retraining Notification (WARN) notices filed on Tuesday, electric vehicle and battery manufacturer Tesla announced that they will be eliminating around 6,000 jobs nationwide, including 3,332 in California and 2,688 in Texas. Founded in San Carlos,...

Is the Electric Car Market Collapsing or Cooling?

February 3, 2024 10:00 amFebruary 3, 2024 10:00 am

The electric car market is cooling – in fact, many say it is downright chilly. “Electric vehicle sales have hit a tipping point,” Yahoo Finance reports. “Research firm Kelley Blue Book (KBB) finds that US EV sales in the third...

Gavin Goes to Gaza – But No one Asked Him to

October 23, 2023 2:30 amOctober 25, 2023 8:43 am

Why are the taxpayers of California funding Gov. Gavin Newsom’s pre-presidential campaign? Why are the taxpayers paying for his world travels – to China, but first with a stop in Israel where he was able to orchestrate some tender photo...