As Nvidia threatens to dethrone Microsoft as the world's most valuable company, at least a few investors are betting its soaring shares will return to earth.
Tesla Board Chair Robyn Denholm says it is imperative that Chief Executive Elon Musk's 2018 $56 billion compensation package is reapproved if the EV giant wants to continue "motivating him" to work for the company, according to a regulatory filing Thursday. TSLA shares angled higher. In a letter sent to Tesla shareholders Wednesday, Denholm implored investors to give Musk his 2018 pay deal.
China gives the green light to nine domestic automakers for AV testing, marking a significant milestone in the global race toward self-driving technology.