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BEIJING — Europe's probe into Chinese electric cars was overly selective to the point that the results are not credible, a Chinese official claimed in an exclusive interview with CNBC on Monday.
Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper as car buyers reject any "premium" tag formerly associated with EVs.
The entire value of the S&P 500 currently stands at $45.5 trillion, according to FactSet. Tesla CEO Elon Musk claimed on Thursday that his company's Optimus humanoid robots could eventually make the automaker worth more than half of that.
Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board.
(Reuters) -- Tesla shareholders approved CEO Elon Musk's $56 billion pay package, the electric vehicle maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping his focus on his biggest source of wealth.
Stock futures were little changed Thursday, following a fresh record close for the S&P 500 and strong quarterly results from Adobe.
Tesla's annual meeting on Thursday in Austin, Texas, will feature a final vote on a contentious proposal asking shareholders to "ratify the 100% performance-based stock option award to Elon Musk" granted in 2018.
