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Tesla Directors Accused of Overpayment Agree to Return $735M

Shareholders sued directors over 2017-2020 pay packages, but separate suit involving CEO Elon Musk is still to be resolved

Elizabeth Warren Urges SEC Probe into Tesla’s Suspicious Twitter Connections

Massachusetts Senator Elizabeth Warren has reportedly sent a letter to the U.S. Securities and Exchange Commission urging the regulatory body to investigate EV maker Tesla and its board of directors. According to CNBC, Warren claims there are possible “conflicts of interest, misappropriation of corporate assets, and…

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F-150 Lightning’s Lowest Price Drops Below $50,000 After Months

Good morning! It’s Monday, July 17, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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Popular Cars You Irrationally Hate

The iconoclasts are out in force against the most popular cars on sale today. We asked readers to tell us about the popular cars they irrationally hate, and while there were none of the usual cold-air intake Mustangs you might expect in the list, there was the Ford Mustang Mach-E — which is now becoming everyone’s…

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The Self-Driving Car Dream Turns into a Nightmare

It can be tough to keep up on the myriad of messed-up decisions and scandals in just the automotive industry alone, but a story from the New Republic manages to connect everything together and boy, is it a tough look at our collective predicament.

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