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Over 1,700 Tesla investors are responding to Elizabeth Warren’s call for Musk investigation

Credit: Andrea Conway/X

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Over 1,700 Tesla shareholders are responding to Massachusetts Senator Elizabeth Warren, who recently wrote a letter to Tesla Board Chair Robyn Denholm asking the EV maker’s Board of Directors to investigate CEO Elon Musk’s alleged conflicts of interest. As per the Tesla shareholders, the US Senator’s efforts are better directed towards matters that directly relate to her home state. 

US Senator Warren’s letter to the Tesla Board of Directors was made public last week. The official outlined several concerns in her letter, such as Musk’s alleged diversion of Tesla’s resources to xAI, his alleged conflicts of interest, and the alleged neglect of corporate governance duties from the Tesla Board of Directors. Warren also argued that Tesla shareholders have “suffered” from a lack of oversight at the EV maker. 

In their response, the TSLA shareholders noted that they are concerned about the US official’s focus on Tesla, especially since the EV maker is not domiciled in Massachusetts. The stockholders, who number over 1,700 as of a recent update, also addressed some of the US Senator’s concerns in her letter. 

Following is the Tesla stockholders’ letter to US Senator Warren. 

Dear Senator Warren,

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We, the undersigned Tesla shareholders, are writing in response to your letter dated August 8, 2024, addressed to Dr. Robyn Denholm, Chair of the Board of Tesla. We must express our deep concern and disappointment regarding your unwarranted interference in Tesla’s affairs.

First and foremost, we question the basis of your involvement in this matter. Tesla is not domiciled in your state, and to our knowledge, you are not a shareholder. Your attempt to exert influence over a company in which you have no direct stake is, frankly, perplexing and concerning. 

We cannot help but view your actions as politically motivated, particularly given the timing of your letter during a Presidential election period. This appears to be an attempt to generate political pressure rather than a genuine effort to address shareholder concerns. 

Your letter conspicuously fails to acknowledge Tesla’s significant contributions to the American economy, the global shift to EVs and to a sustainable future. As the most American car maker, Tesla has created tens of thousands of jobs across the country. Moreover, Elon Musk’s other ventures have further bolstered American innovation and employment. Your silence on these crucial points is telling.

Addressing Your Specific Points:

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1. Diversion of Al Resources: The allocation of resources across Musk’s companies often leads to synergies that benefit Testa. This is a matter for the Board and shareholders to address, not external politicians.

2. Founding of xAI: The potential for collaboration between XAl and Tesla could drive innovation in ways that ultimately benefit our company and shareholders.

3. Conflicts of Interest: The Board is well aware of its fiduciary duties and is capable of managing potential conflicts without external political pressure.

4. Board’s Oversight: We have confidence in our Board’s ability to provide appropriate oversight. Your assertions of failure are both premature and presumptuous.

5. Shareholder Concerns: While some concerns exist, many shareholders continue to support Mr. Musk’s vision and leadership. We prefer to address these matters internally, without political interference.

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6. Your Questions: While your questions are noted, we believe they should be addressed to the Board by legitimate stakeholders, not by politicians seeking to make headlines.

Senator Warren, while we respect your role as a public servant, we strongly believe your energies would be better directed towards matters that fall within your purview as a Senator from Massachusetts.

Testa’s corporate governance is a matter for its Board, its shareholders, and the appropriate regulatory bodies.

We kindly request that you refrain from further interference in Tesla’s affairs. Instead, we suggest focusing on creating an environment that fosters innovation and job creation – areas where Tesla and Elon Musk’s other ventures have demonstrably excelled.

We stand firmly behind Testa’s mission and leadership, and we will continue to work constructively with the Board to ensure the company’s ongoing success and adherence to proper governance standards.

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Sincerely,

Tesla Shareholders

This is not the first time that Tesla or Musk has found itself in the crosshairs of the US Senator. Back in December 2021, Warren called for changes in the US tax code so that Elon Musk would stop “freeloading off everyone else.” In December 2022, Warren sent a letter to Tesla’s Board of Directors asking them if Elon Musk has been diverting the EV maker’s resources to Twitter. In July 2023, Warren also sent a letter encouraging the SEC to investigate Tesla and its Board of Directors, citing potential “conflicts of interest, misappropriation of corporate assets, and other negative impacts to Tesla shareholders” related to Elon Musk’s acquisition of social media platform Twitter. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla Model Y Performance gets positive review from Swedish auto outlet

The refreshed Model Y Performance model receives unique bumpers, red brake calipers, new wheels, and a carbon fiber spoiler.

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Credit: Tesla

It appears that Tesla has created something special with the new Model Y Performance. The vehicle, which was released earlier late August, has started receiving rave reviews, some of it even from publications that tend to be critical of the EV maker and CEO Elon Musk.

Model Y Performance impressions

Swedish automotive outlet CarUp.se has given the updated Tesla Model Y Performance high marks, highlighting its redesigned sport seats as a standout improvement. Tesla implemented a number of key improvements to the Model Y Performance, such as its redesigned sports seats, which now feature powered thigh extensions like those found in the Model Y L from China.

To summarize, its review, the publication noted that “In addition to making you sit like a king, (the Model Y Performance) is also extremely fast at red lights.”  The publication highlighted that “the exterior of the Tesla quickly reveals that it is a Tesla Performance model and there is no doubt that it is a really good-looking electric car.” This is quite impressive considering that the previous-generation Model Y Performance looked quite tame compared to the Model S and X Plaid and the Model 3 Performance.

Tweaks and improvements

The refreshed Model Y Performance model receives unique bumpers, red brake calipers, new wheels, and a carbon fiber spoiler, which together give the crossover a more athletic appearance. Performance badging and projection lighting further distinguish it from other Model Y variants. Inside, the upgraded front sport seats deliver noticeably improved support compared to the standard version, enhancing the vehicle’s balance of comfort and sportiness.

The new Model Y Performance deliver 460 horsepower and a top speed of 250 km/h, while consumption is listed at 16.2 kWh/100 km and range at 580 km WLTP. The crossover also benefits from adaptive suspension with preset damping modes. Manufactured at Gigafactory Berlin-Brandenburg, the Model Y Performance is currently available in Europe and the Middle East, with deliveries expected to start in the next 1-2 months.

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Tesla Model Y leads sales rush in Norway in August 2025

The surge was led by the new Tesla Model Y, which has proven to be quite successful in the European country.

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Credit: Tesla

Tesla posted strong results in Norway this August. The surge was led by the new Tesla Model Y, which has proven to be quite successful in the European country. 

Tesla’s excellent August

Data aggregated by TeslaStats.no suggested that Tesla saw 2,959 vehicle deliveries in August. This represents a notable 38.59% year-over-year increase compared to the 2,135 vehicles that were delivered by the electric vehicle maker in August 2024. Estimates from EU-EVs also indicated that Tesla sold 2,450 Model Ys in August 2025, making it the country’s top model.

Tesla’s domination in Norway was so notable that even with several days left in August, Swedish automotive outlet CarUp estimated that Tesla already held about 22% of the country’s auto market. This was very impressive considering that Tesla saw headwinds in Europe earlier this year due to the changeover to the New Model Y and negative sentiments about CEO Elon Musk.

Existing momentum

Tesla’s momentum in Norway has been notable for some time. In June, registrations rose 54% year-over-year, according to the Norwegian Road Federation (OFV). The Model Y was the standout, recording a 115% increase compared to the same month in 2023. Growth was even sharper in May, when Tesla sales surged 213%, CNBC noted.

Christina Bu, secretary general of the Norwegian EV Association (NEVA), attributed the brand’s success to the refreshed Model Y and its practical appeal. “I think it just has to do with the fact that they deliver a car which has quite a lot of value for money and is what Norwegians need,” Bu said. She pointed to features such as spacious cargo capacity, all-wheel drive, towing capability, higher ground clearance, intuitive digital systems, and Tesla’s established charging network as key factors.

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Tesla dominates JD Power tech survey with double VW’s score, but gets no award

Tesla was not eligible for awards because the company did not “meet study award criteria.”

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Credit: Tesla

Tesla has emerged as the clear leader in JD Power’s latest technology survey, dominating with a score twice that of veteran automakers like Volkswagen. 

This was despite Tesla not receiving any official awards in the survey due to eligibility issues.

Survey results

As per JD Power, its 2025 U.S. Tech Experience Index (TXI) Study collected responses from 76,230 owners of new 2025 model-year vehicles. This was the 10th year that the auto firm has conducted its study. Based on the raw scores of automakers in the survey, Tesla was the clear winner with a rating of 873 points out of 1,000. As noted in a CarUp report, Tesla’s ratings was more than twice as much as veteran automakers like Volkswagen or Toyota, which scored 432 and 436 points, respectively.

Rivian ranked second in the results with an impressive 730 points out of 1,000. That being said, JP Power noted in its press release that both Tesla and Rivian, the two highest-scoring automakers in its survey, are not eligible for awards because the companies do not “meet study award criteria.” In its report, CarUp alleged this criteria required automakers to be sold in all U.S. states. 

As a result, Genesis was officially awarded the top rank in JD Power’s study despite its 538 score. Following Genesis was Cadillac, which received a score of 526, and Lincoln, which received a score of 523 out of 1,000.

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Driver insights

According to JD Power, technology-related problems reported by drivers decreased by 6.3 per 100 vehicles compared to last year, contributing to a stronger user experience overall. Respondents identified automatic climate control as one of the most appreciated features, thanks to its ability to manage heating, ventilation, and air conditioning seamlessly.

“Smart technology not only seems to anticipate the driver’s needs but also reduces the cognitive workload and some of the difficulties that drivers face with digital systems,” said Kathleen Rizk, senior director of technology at JD Power.

Car wash mode, a feature meant to prepare vehicles for automated cleaning, was a frequent source of frustration due to its placement within infotainment menus. Drivers also voiced concerns over recognition systems that occasionally malfunction. In contrast, the blind spot camera received widespread praise, with 93% of drivers reporting regular use and 74% stating that they would like the feature in future vehicles.

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