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A court rejected Elon Musk's $55.8B pay package. What is he worth to Tesla?

A court rejected Elon Musk's $55.8B pay package. What is he worth to Tesla?

Even when compared with other CEOs, who routinely get paid roughly 200 times more than their typical employees, Elon Musk鈥檚 pay package was eye-opening.
Crash tests indicate nation's guardrail system can't handle heavy electric vehicles

Crash tests indicate nation's guardrail system can't handle heavy electric vehicles

LINCOLN, Neb.
After Teamsters meeting, Trump says of possible union endorsement, 'Stranger things have happened'

After Teamsters meeting, Trump says of possible union endorsement, 'Stranger things have happened'

WASHINGTON (AP) 鈥 Former President Donald Trump met with leaders of the Teamsters Union in Washington Wednesday as he tried to chip away at President Joe Biden's organized labor support heading into a likely general election rematch.
Henniges Automotive closing plant in Burlington, Ont., by end of the year

Henniges Automotive closing plant in Burlington, Ont., by end of the year

TORONTO 鈥 Henniges Automotive Holdings Inc. says it will close its Burlington, Ont., plant which makes vehicle sealing systems by the end of the year.
Federal Reserve signals that interest rate cuts aren't imminent and leaves them unchanged for now

Federal Reserve signals that interest rate cuts aren't imminent and leaves them unchanged for now

WASHINGTON (AP) 鈥 The Federal Reserve indicated Wednesday that it鈥檚 nearing a long-awaited shift toward cutting interest rates, a sign that officials are confident that they are close to fully taming inflation.
Edmunds: What you actually need to know about wintertime driving with an electric vehicle

Edmunds: What you actually need to know about wintertime driving with an electric vehicle

As a big winter storm rolled across the United States in mid-January, many news outlets reported on drivers of electric vehicles dealing with dramatically reduced range and multi-hour waits at public charging stations.

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

DOVER, Del. (AP) 鈥 Elon Musk is not entitled to a landmark compensation package awarded by Tesla鈥檚 board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday. The ruling by Chancellor Kathaleen St.

AP News in Brief at 6:04 a.m. EST

Iran threatens to 'decisively respond' to any US strikes as Biden weighs response to Jordan attack JERUSALEM (AP) 鈥 Iran threatened Wednesday to 鈥渄ecisively respond鈥 to any U.S.
Stock market today: Asia markets mixed ahead of Fed decision; China economic data disappoint

Stock market today: Asia markets mixed ahead of Fed decision; China economic data disappoint

HONG KONG (AP) 鈥 Asian stocks were mixed Wednesday as markets awaited a decision on interest rates by the Federal Reserve, while China reported manufacturing contracted in January for a fourth straight month. U.S. futures and oil prices declined.
Stock market today: Asia markets weaker ahead of Fed decision; China economic data disappoint

Stock market today: Asia markets weaker ahead of Fed decision; China economic data disappoint

HONG KONG (AP) 鈥 Asian stocks mostly declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve, while China reported manufacturing contracted in January for a fourth straight month. U.S.