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Tag: finance

Tesla Secures Nevada Approval Required for Robotaxi Testing on Public Roads – iShook Finance

Key Points Nevada accepted Tesla’s self-certification allowing supervised robotaxi testing on public roads. Commercial rides are not approved yet; Tesla is still waiting for a ruling from the Nevada Transportation Authority. Tesla operates robotaxis in San Francisco and Austin and is preparing local teams in additional cities. Arizona approved Tesla for ride-hailing and testing giving … Continue reading “Tesla Secures Nevada Approval Required for Robotaxi Testing on Public Roads – iShook Finance”

Verizon Plans 15,000 Job Cuts Under New CEO Dan Schulman – iShook Finance

Verizon is preparing to cut about 15,000 jobs in the United States, according to a person with direct knowledge of the plan. The reduction is one of the first major steps taken by new CEO Dan Schulman, who took charge in October and is reviewing how the company is organized. The cuts are expected to … Continue reading “Verizon Plans 15,000 Job Cuts Under New CEO Dan Schulman – iShook Finance”

Coinbase Ends Delaware Charter, Registers in Texas Under Revised Corporate Laws – iShook Finance

Austin, Texas — Coinbase Global Inc. is changing its state of incorporation from Delaware to Texas, a move that signals how the center of U.S. corporate law is starting to shift away from its traditional home. The company announced the decision in a filing with the Securities and Exchange Commission on Wednesday. The change gives … Continue reading “Coinbase Ends Delaware Charter, Registers in Texas Under Revised Corporate Laws – iShook Finance”

Tesla Cybertruck Program Head Siddhant Awasthi Resigns – iShook Finance

Tesla’s Cybertruck program head, Siddhant Awasthi, has left the company after eight years, stepping away just as the electric pickup faces falling demand, multiple recalls, and slowing production momentum. Awasthi confirmed his departure in a LinkedIn postthanking Elon Musk and colleagues for what he called “an incredible run.” He said he was proud to have … Continue reading “Tesla Cybertruck Program Head Siddhant Awasthi Resigns – iShook Finance”

Elon Musk Says Tesla’s Optimus Could ‘Eliminate Poverty’ After Record $1 Trillion Pay Approval – iShook Finance

Key Highlights of Tesla’s Optimus Robot Optimus is a human-shaped robot built by Tesla to perform lifting, carrying, and other physical work. Elon Musk says Optimus could one day help reduce poverty by taking over most manual labor. The robot stands about as tall as an adult person and walks on two legs like a … Continue reading “Elon Musk Says Tesla’s Optimus Could ‘Eliminate Poverty’ After Record $1 Trillion Pay Approval – iShook Finance”

Elon Musk Wins Shareholder Approval for $1 Trillion Tesla Pay Plan – iShook Finance

AUSTIN, Texas — Tesla shareholders have approved Elon Musk’s record-breaking compensation plan, a package that could reach nearly $1 trillion in stock awards if the automaker hits a series of steep performance targets. The vote represents one of the largest pay approvals in corporate history and reaffirms investor confidence in Musk’s leadership as Tesla seeks … Continue reading “Elon Musk Wins Shareholder Approval for $1 Trillion Tesla Pay Plan – iShook Finance”

Investing in Netflix Stock in 2025 Could Make You a Millionaire – iShook Finance

Key Points: Subscribers: Netflix has 302 million subscribers worldwide. Market Cap: The company’s market capitalization is around $510 billion. Revenue Growth: Revenue increased 14% year-over-year in H1 2025. International Expansion: Most growth comes from Asia-Pacific and Latin America. Ad-Supported Tier: New ad-supported plans are projected to double ad revenue in … Continue reading “Investing in Netflix Stock in 2025 Could Make You a Millionaire – iShook Finance”

Tesla Recalls Over 63,000 Cybertrucks Due to Excessive Front Light Brightness – iShook Finance

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”

Elon Musk May Quit Tesla if $1 Trillion Pay Plan Fails – iShook Finance

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”

Michael Saylor Firm Raises STRC Dividend to 10.5 Percent – iShook Finance

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”