By Chris Kirkham, Rachael Levy and Abhirup Roy LOS ANGELES (Reuters) -When Tesla's board of directors offered Elon Musk the biggest executive pay package in corporate history in September, it reassured investors that he would have to achieve the equivalent of “Mars-shot milestones” to earn $878 billion in Tesla stock over 10 years. The board’s proposal said Musk would have to “completely transform Tesla and society as we know it” in robotics and autonomous driving as well as stock value and profits. Conv ...

Tesla announced a new version of its full self-driving supervised technology Tuesday morning, but investors are looking for something bigger.Over the weekend, Elon Musk's company shared a teaser clip featuring a logo-emblazoned, spinning component that could be anything from a wheel cover to a fan or turbine. The clip ended with the numbers "10/7," indicating Tuesday's date for the reveal.Tesla posted a second clip to X on Sunday showing the outline of a vehicle's headlights in the dark.Shares climbed 5% Mo ...

Elon Musk has become the world’s first $500 billion man. Well, at least briefly, according to Forbes. Tesla surprised Wall Street with record quarterly sales as consumers rushed to snag an electric vehicle before federal tax credits expired, analysts said. Tesla shares fell on the news as investors worried future sales would dwindle without the incentive, but they gained enough briefly the prior day to push up the Tesla CEO's net worth further into the stratosphere before falling back on Oct. 2. That was t ...

Tesla Inc. reported a surprise record quarter of vehicle sales as US consumers accelerated electric-car purchases before federal tax credits expired.The company delivered 497,099 vehicles worldwide, 7.4% more than a year ago. While that total far exceeds the roughly 439,600 average analyst estimate compiled by Bloomberg, Tesla’s shares slumped Thursday following a record monthly gain in market capitalization.A rush to take advantage of a $7,500 tax credit for EV purchases delivered a temporary boost to Tesl ...