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Musk Wants Shareholders to Vote – Again – on His $56 Billion Pay Plan

Musk Wants Shareholders to Vote – Again – on His $56 Billion Pay Plan

Elon Musk took a big hit to the wallet in January when a Delaware judge rejected the $56 billion payout he was awarded by Tesla. The decision, along with Tesla’s weakened stock price, briefly knocked Musk off his perch as the world’s richest man. Now, Tesla is asking its shareholders to vote again on the pay plan while proposing other changes that would make it less likely future proposals could run into legal trouble.

First Drive: 2024 Toyota Land Cruiser

First Drive: 2024 Toyota Land Cruiser

After a three-year hiatus, Toyota’s most rugged SUV is making its return. Though it retains its body-on-frame construction, the 2024 Toyota Land Cruiser is new from the ground up. Despite adding a number of new features – including the SUV’s first-ever hybrid drivetrain – it also comes with what Toyota describes as a “more accessible” price tag. Headlight.News spent some time behind the wheel of the new Land Cruiser going off-road through the Cuyamuca Mountains east of San Diego.

First Drive: Hyundai Ioniq 5 N Sets the Benchmark for EV Performance

First Drive: Hyundai Ioniq 5 N Sets the Benchmark for EV Performance

Hyundai may be a brand for the masses, but ignore any model wearing the “N” badge at your own peril. And now, the performance sub-brand is working its magic on the Korean carmaker’s first dedicated EV, the Ioniq 5. But does it live up to expectations? To find out, Headlight.News headed out to California’s scenic Monterey Peninsula to push the new Hyundai Ioniq 5 N to its limits, on track and off.

General Motors Moving HQ – But Not Very Far

General Motors Moving HQ – But Not Very Far

For the fourth time in its more than 100-year history, General Motors is moving its corporate headquarters – but it isn’t going very far. The automaker will relocate from the current, facility along the Detroit River to the city’s newest highrise 1.2 miles away. The move was driven by a variety of factors, said GM CEO Mary Barra, including the need for less office space following the COVID pandemic.

BMW Bringing Product Blitz in Bid to Lock Luxury Market Leadership

BMW Bringing Product Blitz in Bid to Lock Luxury Market Leadership

It was a good year for BMW, the automaker gaining traction in most global markets while setting an all-time record in the U.S. To keep the momentum going, the automaker is planning a product blitz that will see nearly 40 new models come to market over the next half-decade, including an assortment of battery-electric vehicles, EVs already generating about 13% of the Bavarian automakers U.S. sales.