On Thursday, Tesla shareholders will vote on whether to grant Elon Musk an enormous pay package, the largest ever awarded to a chief executive by orders of magnitude, or risk him leaving the company in a huff. If this sounds weirdly familiar, it’s because the same thing unfolded nearly a year ago. At the 2024 […]
Elon Musk’s AI company compelled its employees to submit their own biometric data to train its “Ani” female chatbot, according to The Wall Street Journal. Ani, an anime avatar with blond pigtails and an NSFW setting, was released over the summer for users who subscribe to X’s $30-a-month SuperGrok service. After testing it, The Verge’s […]
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.
Elon Musk is pushing for a $1 trillion performance pay package. Another major shareholder has said no.
Despite its imprecision, the fourth “Master Plan” is a centerpiece of Tesla’s case for giving CEO Elon Musk $1 trillion in company shares.
Tesla’s board of directors issued a stark warning to shareholders today: approve Elon Musk’s unprecedented $1 trillion pay package or risk losing him as CEO. It’s a familiar threat, one that the board has used before, and if history offers any clues, it’s likely to work again. Tesla’s executive team is in full lobbying mode […]
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Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
Tesla reported a profitable third quarter today, as shoppers scrambled to snatch up the company’s EVs in record numbers before the federal EV tax credit expired. Tesla said it earned $1.4 billion in net income on $28.1 billion in revenue in the quarter that ended in September. That’s 12 percent increase in revenue but a 37 […]