News
GM unveils Cadillac Celestiq, an 18-foot behemoth that starts at over $300,000
General Motors (GM) has unveiled the Cadillac Celestiq, a flagship, all-electric “halo car” designed to take on the likes of the world’s premier ultra-luxury car makers. Filled to the brim with tech and premium materials, the Celestiq is GM’s most ambitious electric yet, and it is evident in the vehicle’s starting price of over $300,000.
The Celestiq is a behemoth of a luxury car, 18 feet long and seven feet wide, making it larger than a Cadillac Escalade SUV. The vehicle is powered by a 111 kWh battery pack that’s capable of up to 200 kW charging and 300 miles of range. It’s also capable of going from 0-60 mph in 3.8 seconds, which, while not as quick as smaller rivals, is impressive for such a massive car.
For its starting price of $300,000, buyers of the Cadillac Celestiq can expect to receive a vehicle that Rory Harvey, global vice president of Cadillac, described as a “brand builder.” Its interior features a 55-inch diagonal screen that spans the front cabin, a “smart glass roof,” and Ultra Cruise, the successor of GM’s Super Cruise system, among others. The interior also includes 115 3D-printed parts.
Considering the Celestiq’s starting price, customers would be able to customize practically every part of the vehicle. Buyers could also be assured that their Celestiq is completely hand-built, with Cadillac only building a couple or so units per day. Brandon Vivian, Celestiq executive chief engineer, noted that the vehicle is a celebration of a client’s individuality.
“When we started this process, the brief then we gave to the team was to develop the most epic Cadillac ever. But the result is a vehicle unlike any other… It’s a custom-commissioned celebration of the client’s individuality,” Vivian said.
But while the Cadillac Celestiq is impressive, it is entering a market that is already filled with rivals that offer more performance or nearly comparable luxury at a lower price. The Tesla Model S Plaid blows the Celestiq’s raw performance out of the water for a fraction of its cost, and the Lucid Air Grand Touring offers far more range and similar traditional luxury amenities for a lower price.
In fact, with the Celestiq starting at $300,000, a buyer can purchase a Tesla Model S Plaid with a 1.99-second 0-60 mph time and a Lucid Air Grand Touring with 516 miles of range and still have some money left over. As of writing, the Tesla Model S Plaid can be purchased for $140,490 with its performance-oriented 21″ Arachnid Wheels, while the Lucid Air Grand Touring Dual Motor can be bought for $154,000. These two vehicles combined still cost less than the starting price of the Cadillac Celestiq.
However, if GM can pull off the Celestiq, the veteran automaker can end up taking a spot beside the world’s most notable ultra-luxury automakers like Bentley and Rolls-Royce. As to whether Cadillac has what it takes to accomplish this goal, only time will tell.
Production of the Cadillac Celestiq is expected to start December next year.
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Elon Musk
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla.
The Delaware Supreme Court has overturned a lower court ruling, reinstating Elon Musk’s 2018 compensation package originally valued at $56 billion but now worth approximately $139 billion due to Tesla’s soaring stock price.
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla. Musk quickly celebrated the outcome on X, stating that he felt “vindicated.” He also shared his gratitude to TSLA shareholders.
Delaware Supreme Court makes a decision
In a 49-page ruling Friday, the Delaware Supreme Court reversed Chancellor Kathaleen McCormick’s 2024 decision that voided the 2018 package over alleged board conflicts and inadequate shareholder disclosures. The high court acknowledged varying views on liability but agreed rescission was excessive, stating it “leaves Musk uncompensated for his time and efforts over a period of six years.”
The 2018 plan granted Musk options on about 304 million shares upon hitting aggressive milestones, all of which were achieved ahead of time. Shareholders overwhelmingly approved it initially in 2018 and ratified it once again in 2024 after the Delaware lower court struck it down. The case against Musk’s 2018 pay package was filed by plaintiff Richard Tornetta, who held just nine shares when the compensation plan was approved.
A hard-fought victory
As noted in a Reuters report, Tesla’s win avoids a potential $26 billion earnings hit from replacing the award at current prices. Tesla, now Texas-incorporated, had hedged with interim plans, including a November 2025 shareholder-approved package potentially worth $878 billion tied to Robotaxi and Optimus goals and other extremely aggressive operational milestones.
The saga surrounding Elon Musk’s 2018 pay package ultimately damaged Delaware’s corporate appeal, prompting a number of high-profile firms, such as Dropbox, Roblox, Trade Desk, and Coinbase, to follow Tesla’s exodus out of the state. What added more fuel to the issue was the fact that Tornetta’s legal team, following the lower court’s 2024 decision, demanded a fee request of more than $5.1 billion worth of TSLA stock, which was equal to an hourly rate of over $200,000.
Delaware Supreme Court Elon Musk 2018 Pay Package by Simon Alvarez
News
Tesla Cybercab tests are going on overdrive with production-ready units
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the vehicle being reported across social media this week.
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the autonomous two-seater being reported across social media this week. Based on videos of the vehicle that have been shared online, it appears that Cybercab tests are underway across multiple states.
Recent Cybercab sightings
Reports of Cybercab tests have ramped this week, with a vehicle that looked like a production-ready prototype being spotted at Apple’s Visitor Center in California. The vehicle in this sighting was interesting as it was equipped with a steering wheel. The vehicle also featured some changes to the design of its brake lights.
The Cybercab was also filmed testing at the Fremont factory’s test track, which also seemed to involve a vehicle that looked production-ready. This also seemed to be the case for a Cybercab that was spotted in Austin, Texas, which happened to be undergoing real-world tests. Overall, these sightings suggest that Cybercab testing is fully underway, and the vehicle is really moving towards production.
Production design all but finalized?
Recently, a near-production-ready Cybercab was showcased at Tesla’s Santana Row showroom in San Jose. The vehicle was equipped with frameless windows, dual windshield wipers, powered butterfly door struts, an extended front splitter, an updated lightbar, new wheel covers, and a license plate bracket. Interior updates include redesigned dash/door panels, refined seats with center cupholders, updated carpet, and what appeared to be improved legroom.
There seems to be a pretty good chance that the Cybercab’s design has been all but finalized, at least considering Elon Musk’s comments at the 2025 Annual Shareholder Meeting. During the event, Musk confirmed that the vehicle will enter production around April 2026, and its production targets will be quite ambitious.
News
Tesla gets a win in Sweden as union withdraws potentially “illegal” blockade
As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Swedish union Vision has withdrawn its sympathy blockade against Tesla’s planned service center and showroom in Kalmar. As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Vision’s decision to pull the blockade
Vision announced the blockade in early December, stating that it was targeting the administrative handling of Tesla’s facility permits in Kalmar municipality. The sympathy measure was expected to start Monday, but was formally withdrawn via documents sent to the Mediation Institute and Kalmar Municipality last week.
As noted in a Daggers Arbete report, plans for the strike were ultimately pulled after employer group SKR highlighted potential illegality under the Public Employment Act. Vision stressed its continued backing for the Swedish labor model, though Deputy negotiation manager Oskar Pettersson explained that the Vision union and IF Metall made the decision to cancel the planned strike together.
“We will not continue to challenge the regulations,” Petterson said. “The objection was of a technical nature. We made the assessment together with IF Metall that we were not in a position to challenge the legal assessment of whether we could take this particular action against Tesla. Therefore, we chose to revoke the notice itself.”
The SKR’s warning
Petterson also stated that SKR’s technical objection to the Vision union’s planned anti-Tesla strike framed the protest as an unauthorized act. “It was a legal assessment of the situation. Both for us and for IF Metall, it is important to be clear that we stand for the Swedish model. But we should not continue to challenge the regulations and risk getting judgments that lead nowhere in the application of the regulations,” he said.
Vision ultimately canceled its planned blockade against Tesla on December 9. With Vision’s withdrawal, few obstacles remain for Tesla’s long-planned Kalmar site. A foreign electrical firm completed work this fall, and Tesla’s Careers page currently lists a full-time service manager position based there, signaling an imminent opening.
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
Tesla Cybercab tests are going on overdrive with production-ready units
