The most striking moment of Tesla’s annual shareholder meeting Thursday wasn’t when Elon Musk won a impossible-sounding pay package worth nearly $1 trillion. That was a foregone conclusion, given Musk’s popularity with retail shareholders and his ability to vote his own extensive holdings. To me, the more illuminating moment was when the gathered crowd of […]
Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for “paving the path.”
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.
Tesla shareholders voted Thursday to approve Elon Musk’s staggering new pay package, in a move aimed at retaining the controversial CEO’s leadership during a time of great upheaval for the automaker. Over 75 percent of shares voted in favor of the proposal. The vote gives Musk enormous sway over his electric vehicle company, as well […]
“What did Ilya see?” Two years ago, it was the meme seen ’round the world (or at least ’round the tech industry). OpenAI CEO Sam Altman had been briefly ousted in November 2023 by members of the company’s board of directors, including his longtime collaborator and fellow cofounder Ilya Sutskever. The board claimed Altman “was […]
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.