Photo by Becca Farsace / The Verge Tesla subjected Black employees at its California factory to “severe or pervasive racial harassment” and helped perpetuate a hostile work environment for employees of color, according to a lawsuit filed by the US Equal Employment Opportunity Commission (EEOC). Racist slurs and epithets and race-based stereotyping “permeated Tesla’s Fremont...
The U.S. Equal Employment Opportunity Commission (EEOC) filed suit against Tesla on Thursday, accusing the automaker of violating federal law by tolerating widespread and ongoing racial harassment of its Black employees and subjecting some workers to retaliation for opposing harassment. The lawsuit from the federal agency responsible for enforcing civil rights laws against workplace discrimination...
© Reuters The cryptocurrency market saw a significant uptick on Thursday, led by ‘s 2.32% rise to $4.32. Other notable gains were registered by , Polygon, , , , , and . was the only major cryptocurrency to register a dip during this surge. Shares of crypto-related companies also experienced a boost, with Coinbase (NASDAQ:)...
© Reuters. Morgan Stanley observes the UAW strike as Tesla (TSLA) influence ‘looms larger that it appears’ Morgan Stanley remains bullish on Tesla (NASDAQ:) with an Outperform rating and a $400.00 price target on their “Top Pick” as the UAW continues to strike against the auto industry. Morgan Stanley sees the UAW strike of 2023...
© Reuters. FILE PHOTO: Thailand’s Prime Minister Srettha Thavisin speaks during a press conference after a weekly cabinet meeting at the government house in Bangkok, Thailand, September 13, 2023. REUTERS/Athit Perawongmetha/File Photo BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from...
J.B. Straubel has worn many hats in his career: co-founder of Tesla, Tesla Board Member, and more recently, founder and CEO of battery materials and recycling startup Redwood Materials. But in his heart, he’s a engineer, he said during a fireside interview at TechCrunch Disrupt. “I think of myself first and foremost as an engineer....
© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File Photo By Tom Hals WILMINGTON, Delaware (Reuters) – A legal team that forced Tesla (NASDAQ:)’s directors to agree in July to return more than $700 million in compensation to the automaker...
© Reuters. Nvidia (NASDAQ:), a leading artificial intelligence (AI) chipmaker, has seen its value surge by 207% since the beginning of 2023, amid the rise of the AI sector. However, Tesla (NASDAQ:) and Adobe (NASDAQ:) are also emerging as potential investment opportunities in this burgeoning field. Tesla, under the leadership of CEO Elon Musk, is...
2/2 © Reuters. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo 2/2 By David Shepardson WASHINGTON (Reuters) -A senior Republican in Congress asked Tesla (NASDAQ:) Tuesday to detail its relationship with Chinese battery manufacturer CATL amid concerns...
The U.S. Department of Justice is investigating the personal benefits that Tesla may have provided its CEO Elon Musk since 2017 as part of a criminal probe that is also looking into the use of company funds to build a proposed glass house. The U.S. Attorney’s Office for the Southern District of New York has...