Tesla is recalling more than 63,000 Cybertrucks in the United States after regulators determined that the vehicles’ front lights are excessively bright, posing a distraction to other drivers and increasing the risk of collisions. The recall affects Cybertrucks from model years 2024 to 2026, manufactured between November 13, 2023, and October 11, 2025, with software … Continue reading “Tesla Recalls Over 63,000 Cybertrucks Due to Excessive Front Light Brightness – iShook Finance”
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Tesla Chair Robyn Denholm has warned investors that Elon Musk could step away from Tesla if his proposed $1 trillion performance-based compensation plan is rejected at the upcoming shareholder meeting. In a letter sent Monday, Denholm said Musk’s leadership remains essential to Tesla’s growth and that the plan is designed to secure his long-term commitment … Continue reading “Elon Musk May Quit Tesla if $1 Trillion Pay Plan Fails – iShook Finance”
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Michael Saylor’s Bitcoin investment firm, Strategy Inc., has raised its monthly dividend on STRC preferred shares to 10.5 percent, slightly above September’s 10.25 percent. The move came after the company reported $3.9 billion in net profit for the third quarter, a sharp turnaround from a $432.6 million loss during the same period last year. According … Continue reading “Michael Saylor Firm Raises STRC Dividend to 10.5 Percent – iShook Finance”
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Key Highlights of the Stellantis Jeep Recall 375,000 Jeep SUVs recalled globally — including 2020–2025 Wrangler 4xe and 2022–2026 Grand Cherokee 4xe plug-in hybrids. Battery fire risk identified after 19 reported incidents and one injury; most fires occurred while vehicles were parked. Samsung SDI-manufactured batteries found to have separator damage causing potential thermal runaway. Previous … Continue reading “Stellantis Recalls 375K Jeep 4xe SUVs Over Fire Risk – iShook Finance”
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Key Points Tesla shareholders are voting this week on Elon Musk’s $50 billion pay package. The plan would restore Musk’s stock options and raise his stake in Tesla. CalPERS and Norway’s sovereign wealth fund have opposed the proposal. The meeting also includes a proposed AI partnership with Musk’s xAI venture. … Continue reading “Can Musk Become a Trillionaire? Tesla Investors Split Over $50 Billion Pay Deal – iShook Finance”
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This tech earnings season has been a test of the bullish generative AI narrative that has propelled the valuations of the Magnificent Seven, a group of megacap stocks, and the entire US stock market, to … Continue reading “A rollercoaster earnings season for tech stocks”
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venezuelan opposition leader María Corina Machado emerged from hiding on Saturday to appear at an anti-government rally in Caracas, despite a violent crackdown on dissent by the socialist government of Nicolás Maduro. Machado, who had … Continue reading “Venezuelan opposition leader emerges from hiding at rally amid crackdown”
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Delaware judge on Friday expressed scepticism that a vote by Tesla shareholders would give her grounds to reinstate the record $56bn pay package for Elon Musk that she invalidated earlier this year. During a … Continue reading “Tesla attempt to save Elon Musk’s $56bn pay package gets sceptical reception”
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The latest report from the Labor Department shows that more Americans filed for unemployment benefits last week than expected. Initial claims rose by 20,000 to reach 243,000 for the week ending July 13. This increase follows a previous drop, which was partly affected by holiday-related disruptions in reporting data. Understanding Seasonal Fluctuations Manufacturers, especially auto … Continue reading “U.S. Sees Increase in Weekly Jobless Claims Due to Seasonal Changes”
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla’s earnings slightly disappointed last week, but its stock is still valued at nearly 100 times earnings. Does this make sense? And what exactly is Tesla anyway? Today on the show, Rob Armstrong and reporter … Continue reading “The case for Tesla”