Tag Archives: Musk

Despite Tesla’s ongoing stumbles, the board agreed to a $29 billion package for its CEO. Unless you’ve been purposely hiding from the news — which would be understandable — you know that investors in Tesla (TSLA 2.28%) have had plenty to digest. Between allegations Tesla isn’t paying its bills and hurting small businesses, to facing consumer backlash from CEO Elon …

Earlier this week, reports emerged stating that Tesla has stepped back from its Project Dojo initiative. While the reports were initially framed as a negative development for the electric vehicle maker’s autonomous driving efforts, CEO Elon Musk later noted on X that Tesla was indeed halting its Dojo initiative. Elon Musk’s Confirmation As per Musk, Tesla was shuttering Project Dojo …

Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images Sam Altman has dismissed longtime rival Elon Musk’s warnings that OpenAI is set to dominate Microsoft, after the companies announced that OpenAI’s latest AI model will be incorporated into Microsoft products. On Thursday, Microsoft CEO Satya Nadella announced that OpenAI’s GPT-5 service would be launching across …

Disney has resolved a legal dispute with actor Gina Carano over her firing from The Mandalorian, a spokesperson for Disney unit Lucasfilm said on Thursday. Lucasfilm removed Carano from the Star Wars streaming show in 2021 over social media posts that the company at the time called “abhorrent and unacceptable” for “denigrating people based on their cultural and religious identities”. …

Trump Live Updates: Musk Memos, Epstein Files and Latest News  The New York Times White House to ax Musk’s ‘5 things’ emails  Politico Trump administration ends use of Musk-era ‘5 things’ email  The Hill Trump administration officially ends “5 things” emails for federal employees  CBS News Donald Trump Snubs Elon Musk And DOGE In Another Administration Move  Newsweek Source link

Topline Tesla approved a stock award worth around $29 billion to Elon Musk, the company disclosed in an SEC filing, in a move that comes after a judge struck down an earlier multibillion-dollar pay package granted to the carmaker’s centibillionaire CEO. Tesla approved a stock award worth nearly $30 billion for its CEO Elon Musk. Associated Press Key Facts In …

Tesla’s brand loyalty levels dropped from the best in the industry to fairly middling results, according to new data from S&P Global Mobility, and it’s all because of the company’s CEO, Elon Musk. S&P Global Mobility tracks sales data across the automotive industry, and its new customer loyalty numbers are out, shared with Reuters this morning. The numbers show a …

The Tesla board has reinstated Elon Musk as the highest-paid CEO in history with a staggering new $29 billion pay package. His new deal with the $970 billion electric-vehicle maker comes after a Delaware judge twice rescinded Musk’s previous moonshot mega-grant. Musk’s pay has been held up in litigation for the past seven years.  “It is imperative to retain and …

Elon Musk awarded $30 billion in bid to keep him at Tesla for years  The Washington Post Elon Musk awarded $29 billion pay package from Tesla  CNN Elon Musk Gets $23.7 Billion Stock Award From Tesla to Stay Focused  The Wall Street Journal Tesla awards Musk $29 billion in shares with prior pay package in limbo  CNBC Tesla Grants Musk $29 Billion in Stock …

Tesla gave Elon Musk a stock grant of $29 billion on Monday as a reward for years of “transformative and unprecedented” growth despite a recent foray into right-wing politics that has hurt its sales, profits and its stock price. In giving its billionaire CEO 96 million in restricted shares, the electric car company noted that Musk hasn’t been paid in …