That pay package, according to Tesla, will keep Musk focused and committed to the company, and it’s contingent on unprecedented and unrealistic milestones that no other executive would be able to achieve for the business.

Tesla Inc.’s profit plunged despite a record quarter of vehicle sales, reflecting ongoing strains on the automotive business that Chief Executive Officer Elon Musk is shifting focus away from.

Tesla posted record quarterly revenue but its profit came in below Wall Street's expectations. The stock fell 4% after hours during the analyst call.

In Tesla's Q3 earnings call, Elon Musk got creative in explaining why he needs that $1 trillion compensation package.

Tesla’s groundbreaking 2017 Model 3 electric sedan, followed by a taller Model Y variant, ushered in the era of mass-market electric cars, made Tesla the world’s most valuable automaker and CEO Elon Musk the world’s richest man.

Here are some of the stocks making notable moves in Thursday's premarket action: Tesla shares are down nearly 3% on heavy volume after the electric-vehicle maker delivered results which showed profits

Egan-Jones split from ISS and Glass Lewis over Elon Musk's $1 trillion Tesla award, saying it ties pay to bold performance goals.

Welcome to our TOPLive blog on Tesla Inc.’s third-quarter earnings. Join us at 4 p.m. New York time for the latest news, analysis and market reaction. Executives will host a call with analysts at 5:30.

The once-private network is now almost fully public. Eighteen non-Tesla brands can now charge at Superchargers, with more to follow. Here's how we got here.

Tesla said Wednesday that its profit sank in the third quarter after it cut car prices to lift sales. Profit fell to $1.4 billion from $2.2 billion a year earlier, a drop of 37 percent, the company said. Sales rose to $28.1 billion from $25.2 billion.

The Elon Musk–led EV company is set to recall more than 13,000 cars built between March and August 2025 due to a battery issue that can cause a sudden loss in propulsion while driving. The National Highway Traffic Safety Administration (NHTSA) estimates that roughly one percent of those vehicles are affected.