insert_link Business / Economics Elon Musk’s Tesla pay package – now worth over $100b – blocked again by judge Elon Musk has lost his bid to get his record-breaking Tesla pay package reinstated. A Delaware judge blocked it in January saying Musk essentially controlled the board that approved it. At the time, the stock-option based package was worth $56billion - but now it would be worth over $100b. Toni Waterman has more. todayDecember 4, 2024 32
insert_link Africa BMW bets big on Africa’s green hydrogen industry with SA fuel cell test vehicle By Seth Onyango, via bird story agency BMW has claimed its place as the breakout star in Africa's race for commercial hydrogen mobility with the unveiling of a hydrogen fuel cell vehicle in South Africa. In a shot in the arm for Africa's fledgling green hydrogen industry, the automaker chose Southern Africa for the test drive of its BMW iX5 Hydrogen. The continent has been seeking to […] todayFebruary 22, 2024 4
insert_link World Nvidia overtakes Tesla as Wall Street’s most traded stock Chipmaker Nvidia has overtaken car giant Tesla as the most traded stock on the US stock market. Demand for the chips, which are used by Artificial Intelligence developers, has soared in recent years. All eyes are on Nvidia's fourth quarter earnings, due out on Wednesday. Sally Patterson has more. todayFebruary 21, 2024 5
insert_link Business / Economics Tesla bypasses South Africa due to high import taxes Elon Musk has announced that Tesla will not sell electric cars in South Africa due to high import duties and taxes, due to a lack of incentives for local electric vehicle manufacturing. Importing a Tesla Cybertruck to South Africa can cost upwards of R1.3 million (incl. VAT). According to ‘My Broadband’, South Africa’s tax regime protects domestic car factories while failing to develop a policy to incentivise local EV manufacturing. todayJanuary 23, 2024 30
insert_link World Tesla recalls 2m vehicles after autopilot crash review Tesla is recalling more than 2 million vehicles after an investigation found the electric car giant's autopilot safety system wasn't doing enough to ensure drivers are paying attention on the road. Our corrspondent Toni Waterman has more. todayDecember 14, 2023 14