The company canceled a similar-sized award from 2021, when EV optimism was sky-high, due to the "unlikeliness" that the associated goals could be met.

Musk said he picked the date so he "could say I was just kidding" if it changes again. He had spent months teasing a reveal by the end of this year.

The proposal received more than 75% approval. Musk can earn the $1 trillion in shares over the next 10 years if Tesla hits a number of milestones.

Production was already paused as Ford prioritizes gas and hybrid versions of the truck. The Lightning has been on the market for three years.

The internet provider has bought more 'direct to cell' spectrum licenses from EchoStar and struck a deal with the owner of British Airways.

Evotrex joins startups like Lightship, Pebble, and Grounded in trying to disrupt the RV market, which is skewing younger.

Blue Origin's first New Glenn launch in January mostly went well, and now the long-delayed second mission is finally ready for takeoff.

Eric Bach, who was once the director of engineering at Tesla, is out amid a larger executive shake-up at the company.

The reversal comes after weeks of pressure from people like Elon Musk, who accused Transportation Secretary Sean Duffy of being ill-equipped for the job.

It's the second time this year Rivian has spun out a new company, after it created micromobility startup Also in March.

Despite its imprecision, the fourth "Master Plan" is a centerpiece of Tesla's case for giving CEO Elon Musk $1 trillion in company shares.