(Reuters Breakingviews) - Elon Musk is looking guilty of tweeting while driving ...
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo
A couple of governance changes proposed in Tesla’s proxy, filed on Friday, should be welcome news for investors. If approved, one would replace with a simple majority vote the current need for two-thirds of investors to support certain changes to Tesla’s certificate of incorporation and bylaws. Another would remove a layer from the company’s staggered board and split director elections over two rather than three years – though annual elections for all would be best.
Musk used Monday’s presentation to tout the firm’s self-driving technology. The long-term goal is clear: General Motors has estimated that an automaker building and running its own fleet of robo-taxis could bring in perhaps 10 times more revenue over the life of each car than at present. Even if Musk’s R&D team is stellar, though, the chances that robo-taxis and other self-driving cars will hit the streets en masse any time soon are slim.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk looks guilty of distracted drivingTesla’s CEO is talking up autonomous vehicles, days after offering investors more say and culling the board. But the $46 bln electric-car maker has more pressing concerns, including signs that demand and vehicle quality are falling – not to mention a dwindling pile of cash.
Leer más »
Elon Musk says Tesla robotaxis will hit the market next yearTesla CEO Elon Musk said on Monday that he's 'very confident' predicting autonomous robotaxis will hit the market in 2020.
Leer más »
Elon Musk slams rivals' self-driving car tech, says 'anyone relying on Lidar is doomed'Lidar is a honeycomb-looking sensor that many companies, including Alphabet's Waymo, rely on to give their self-driving cars an understanding of the road and what's on it.
Leer más »
Tesla says robotaxis coming next year, touts self-driving microchipChief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would b...
Leer más »
Elon Musk had to quit this bad habit before he became successfulHere's why Elon Musk had to quit drinking large amounts of caffeinated beverages. via CNBCMakeIt
Leer más »
A SpaceX rocket survived space, but was torn apart by high seasSpaceX CEO Elon Musk tweeted that the engines still may be salvageable.
Leer más »
In SEC vs. Elon Musk, a Question of When Tweets MatterElon Musk last year agreed to have Tesla lawyers pre-approve tweets that “reasonably could contain” material information about the electric car maker’s business. Those words are now at the center of court-ordered talks between the two parties.
Leer más »
Elon Musk said Tesla cars will probably be better than humans at driving by the end of 2019Tesla CEO Elon Musk made the prediction in an interview with MIT research scientist Lex Fridman.
Leer más »
One of Tesla's biggest investors has slashed its stake once againT. Rowe Price group was previously the third-largest shareholder who wasn't CEO Elon Musk.
Leer más »
SEC, Tesla CEO Elon Musk seek one-week delay to resolve contempt motionOn April 4, a federal judge gave Musk and the SEC two weeks to work out their differences, punting a request from the agency to hold him in contempt of court for allegedly violating an October securities fraud settlement. Now they want one more week.
Leer más »