News
Tesla Semi will power US-based mobile television provider MTVG
American mobile unit provider Mobile TV Group has placed orders for two Tesla Semis, joining the growing list of local and foreign firms that have committed to CEO Elon Musk’s vision of an emissions-free trucking industry. A pair of Tesla Semis will join MTVG’s fleet of long-haulers, which are equipped with ultra-high definition broadcasting technology and deployed across the country to provide live event coverage.
Mobile TV Group director of business development Nick Garvin noted that the company’s decision to place orders for the Tesla Semi was an easy decision for the firm. The MTVG executive noted that the electric trucks would serve as yet another step for the company in its ongoing initiatives to embrace a greener system, which Garvin believes is pivotal in strengthening the firm’s relationship with its clients.
“It was a pretty easy decision. We think that it makes sense as part of our own green initiative, and our clients are always interested in being greener. We feel like this is a very important step in the right direction for our future and the future of our clients,” Garvin said.
Similar to other global firms that have recently committed to the purchase of Tesla’s Semi, such as Middle Eastern environmental and waste management firm Bee’ah, Mobile TV Group has been involved in green initiatives long before it placed its orders for the quad electric motor truck. So far, MTVG has rolled out several environment-friendly initiatives, such as the use of ultra-compressed recycled paper for walls and framing — materials which it uses in its operations.
Apart from being in line with the company’s efforts to go green, the MTVG executive also noted that the Tesla Semi was simply a practical choice for the company’s needs. According to Garmin, Tesla Semi’s range of 500 miles per charge is a non-issue, since a lot of MTVG’s business is focused on providing coverage solutions for Regional Sports Networks. With this in mind, the Semi’s range per charge would be more than adequate.
Perhaps the most practical reason behind Mobile TV Group’s decision to reserve two units of the Tesla Semi, however, is the electric vehicles’ reliability and low maintenance cost. The Semi, after all, has far fewer components compared to a traditional diesel truck. According to the MTVG executive, the Tesla Semi’s reliability is actually one of its most significant selling points, as businesses like Mobile TV Group consider incidents like engine breakdowns as down as one of its biggest headaches.
“A fundamental advantage of the Tesla is, there are significantly less parts compared to a combustion engine, which just means less things can go wrong. It just means less points of failure, so it’s less likely for something to break down, which is obviously one of our biggest nightmares,” Garvin said.
The Tesla Semi is a Class 8 long-hauler, capable of towing up to 80,000 pounds of cargo. Built with four electric motors derived from the Model 3, the truck is capable of hitting highways speeds in 20 seconds, far quicker than any diesel semi-trailer deployed on the road today.
First deliveries for the Tesla Semi are expected to take place in 2019.
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
