'Thanks For Your Support': Elon Musk Says Tesla Shareholders Voting For His USD 56 Billion Pay Package
6 months, 1 week ago

'Thanks For Your Support': Elon Musk Says Tesla Shareholders Voting For His USD 56 Billion Pay Package

News 18  

Tech billionaire Elon Musk on Thursday said that Tesla shareholders are voting to approve his $56 billion pay package and to move the electric vehicle maker’s legal home to Texas. The resounding endorsement by shareholders of unprecedented remuneration terms in US corporate history may alleviate worries about Musk’s tenure at Tesla, while bolstering the company’s position in challenging a court ruling invalidating the pay package. Earlier, firms like Glass Lewis and Institutional Shareholder Services had urged shareholders to reject the pay package, and large investors including Norway’s sovereign wealth fund had said they would vote against it. Tesla shareholders also cast ballots on other proposals including the move of its legal headquarters from Delaware to Texas, as well as the re-election of two board members: Musk’s brother Kimbal Musk and James Murdoch.

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History of this topic

Democrats blast influence of ‘President Elon Musk’ over Trump amid spending deal row
Trending News
4 days, 11 hours ago

Democrats blast influence of ‘President Elon Musk’ over Trump amid spending deal row

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Democrats have slammed Elon Musk after his opposition to House …

Americans view both Musk and Trump roughly equally favorably, new poll discovers
5 days, 2 hours ago

Americans view both Musk and Trump roughly equally favorably, new poll discovers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The people want change," Musk told the audience of …

Why Elon Musk should get every cent of his $56bn Tesla pay package
6 days, 14 hours ago

Why Elon Musk should get every cent of his $56bn Tesla pay package

The Independent  

The moment my children became interested in the US election was not when Taylor Swift declared her support for Kamala Harris, it was when Elon Musk appeared alongside Donald Trump. Elon Musk helped to get Donald Trump re-elected So, when judge Kathaleen McCormick in the Delaware court of chancery found against Musk in January, there was widespread harrumphing and nodding: …

Elon Musk’s wealth jumps by $170bn since election day after he backed Trump with $277m
1 week ago

Elon Musk’s wealth jumps by $170bn since election day after he backed Trump with $277m

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musks’s wealth has …

The Anti Elon Tesla Club: How Tesla EV owners are distancing themselves from Musk over ties with Trump
1 week, 3 days ago

The Anti Elon Tesla Club: How Tesla EV owners are distancing themselves from Musk over ties with Trump

Firstpost  

Elon Musk’s outspoken political leanings and his strong ties to President-elect Donald Trump, have made owning a Tesla a rather complex symbol, because of an awkward clash between the brand’s identity and its CEO’s actions Owning a Tesla used to be a statement about innovation, sustainability, and a greener future. But for many, it’s now a complex symbol thanks to …

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Trending News
1 week, 4 days ago

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges

CNN  

New York CNN — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his initial …

Elon Musk’s shocking claim amid Tesla feud: ’That short position will bankrupt Bill Gates’
1 week, 4 days ago

Elon Musk’s shocking claim amid Tesla feud: ’That short position will bankrupt Bill Gates’

Live Mint  

Tesla CEO Elon Musk has reignited his longstanding feud with Bill Gates, claiming that Gates’ alleged short position against Tesla could potentially bankrupt the Microsoft founder. Musk’s latest tweet boldly declared, “If Tesla does become the world’s most valuable company by far, that short position will bankrupt even Bill Gates.” According to NDTV, the feud between the two tech billionaires …

What’s next in the legal battle over Elon Musk’s $100 billion pay deal
2 weeks, 5 days ago

What’s next in the legal battle over Elon Musk’s $100 billion pay deal

Live Mint  

Elon Musk’s record-breaking Tesla compensation package has hit another roadblock, after a Delaware judge on Monday again rejected the pay deal, now worth nearly $100 billion. The company hadn’t sought to renegotiate a pay deal with Musk, which the board of directors identified as a risk to Tesla. If an appeal fails, board directors could craft a fresh compensation package …

Elon Musk’s multibillion-dollar pay package is rejected for a second time. What to know
2 weeks, 6 days ago

Elon Musk’s multibillion-dollar pay package is rejected for a second time. What to know

LA Times  

A Delaware judge rejected Tesla Chief Executive Elon Musk’s multibillion-dollar pay package for a second time, writing in her opinion this week that the company’s approval process for the package was “deeply flawed.” Tesla shareholders approved the compensation plan in 2018, which was once valued at $56 billion but fluctuates dramatically with Tesla’s stock price. Business Tesla shareholders strongly support …

A judge has once again rejected Musk’s multi-billion-dollar Tesla pay package. Now what?
2 weeks, 6 days ago

A judge has once again rejected Musk’s multi-billion-dollar Tesla pay package. Now what?

Associated Press  

DETROIT — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during sham negotiations. In her 103-page opinion, she ruled that under Delaware law, Tesla’s …

Musk's $55.8 bn Tesla pay deal again rejected by US judge
2 weeks, 6 days ago

Musk's $55.8 bn Tesla pay deal again rejected by US judge

Deccan Chronicle  

Washington: A US judge on Monday upheld her decision to reject Elon Musk's massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote. In a court filing, Chancellor Kathaleen McCormick of Delaware's Court of Chancery ruled that Tesla's attempt to ratify Musk's compensation package through a June shareholder vote could not …

Elon Musk’s $56 billion Tesla pay package struck down again, Delaware Judge says board ‘improperly influenced…’
2 weeks, 6 days ago

Elon Musk’s $56 billion Tesla pay package struck down again, Delaware Judge says board ‘improperly influenced…’

Live Mint  

A US district judge has rejected Tesla chief Elon Musk's extravagant $56 billion pay package for a second time, according to a Bloomberg report. It added that Delaware Chancery Court Judge Kathaleen St. J. McCormick made the ruling on December 2, making it the second time that she has ruled against the same excessive pay package for Musk. Musk’s record-setting …

Delaware judge reaffirms ruling Delaware judge upholds ruling that Tesla must revoke Musk's multibillion-dollar pay package
Trending News
2 weeks, 6 days ago

Delaware judge reaffirms ruling Delaware judge upholds ruling that Tesla must revoke Musk's multibillion-dollar pay package

Firstpost  

The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package. Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the …

US judge again rejects Elon Musk's $55.8 billion Tesla compensation package
3 weeks ago

US judge again rejects Elon Musk's $55.8 billion Tesla compensation package

Hindustan Times  

A US judge on Monday upheld her decision to reject Elon Musk's massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote. A US court denied an attempt to reinstate the pay contract through a shareholder vote on Monday, upholding her judgement to reject Elon Musk's enormous $55.8 billion compensation package …

Elon Musk loses $56 billion pay package in latest court ruling
3 weeks ago

Elon Musk loses $56 billion pay package in latest court ruling

Salon  

A Delaware judge on Monday denied Tesla CEO Elon Musk his $58 billion pay plan, upholding her prior ruling that it was improperly granted. Judge Kathaleen McCormick, who ruled to void Musk’s pay package in January, said they only way the pay package could have been approved was due to Musk’s unilateral “control” over Tesla. Related Why tech billionaires dress …

Elon Musk's $56 billion Tesla pay rejected by US court again
3 weeks ago

Elon Musk's $56 billion Tesla pay rejected by US court again

India Today  

Tesla CEO Elon Musk has faced yet another setback as a Delaware court rejected his $56 billion pay package for the second time, reported news agency Reuters. THE COURT’S DECISION Chancellor McCormick maintained that Tesla’s attempt to reinstate Musk’s pay package through a shareholder vote was not legally valid. The court also ruled that Musk improperly influenced Tesla’s 2018 board …

US judge denies request to restore Elon Musk's $56 billion Tesla pay package
3 weeks ago

US judge denies request to restore Elon Musk's $56 billion Tesla pay package

India Today  

A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package. Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. Following the court ruling, Tesla shareholders met in June and …

Musk’s $101bn Tesla pay package again rejected by US judge
3 weeks ago

Musk’s $101bn Tesla pay package again rejected by US judge

Al Jazeera  

Judge says Tesla’s ‘unprecedented theories’ do not support argument to reverse previous ruling scrapping pay deal. A judge in the United States has upheld a decision to deny Tesla CEO Elon Musk a multibillion-dollar pay package despite shareholders voting to restore the compensation deal. The decision by a Delaware judge on Monday reaffirmed an earlier ruling to void the pay …

Elon Musk was 3 weeks away from bankruptcy after coup at PayPal, then he turned things around
Trending News
3 weeks ago

Elon Musk was 3 weeks away from bankruptcy after coup at PayPal, then he turned things around

Hindustan Times  

Donald Trump's 2024 presidential election victory also translated into a new win for his billionaire supporter Elon Musk. As per The New York Post, Isaacson’s book details that Silicon Valley investor Peter Thiel, co-founder Max Levchin, board member Reid Hoffman, and COO and product leader David Dacks were behind the “coup.” PayPal board members masterminded Elon Musk's ouster The ouster …

Elon Musk’s massive, multibillion-dollar Tesla pay package was blocked by a judge again
3 weeks, 1 day ago

Elon Musk’s massive, multibillion-dollar Tesla pay package was blocked by a judge again

CNN  

CNN — Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion based on Tesla’s closing share price Monday, is made up of 303 million Tesla stock options. At the time, McCormick ruled in favor of …

California plan that might cut Teslas from EV tax credit drives Elon Musk nuts
3 weeks, 3 days ago

California plan that might cut Teslas from EV tax credit drives Elon Musk nuts

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. California’s potential plan would likely not include Musk’s cars because the program would be …

Elon Musk alleges Jeff Bezos told people to sell Tesla, SpaceX stocks; Bezos denies in rare X post, says ‘100% not true’
Top News
1 month ago

Elon Musk alleges Jeff Bezos told people to sell Tesla, SpaceX stocks; Bezos denies in rare X post, says ‘100% not true’

Live Mint  

A heated exchange erupted between tech billionaires Elon Musk and Jeff Bezos after Musk accused Bezos of advising people to sell Tesla and SpaceX stock, claiming Donald Trump would lose the US presidential election. The Amazon founder swiftly denied the allegations in a rare post on X, calling them “100% not true.” Musk’s Accusations Musk, known for his outspoken social …

Jeff Bezos responds to Elon Musk’s accusations in rare X post. What Amazon billionaire said
1 month ago

Jeff Bezos responds to Elon Musk’s accusations in rare X post. What Amazon billionaire said

Hindustan Times  

Elon Musk recently accused Jeff Bezos of asking people to sell Tesla and SpaceX stock while claiming that Donald Trump would certainly lose the election. Elon Musk vs Jeff Bezos Tesla CEO Elon Musk was one of Donald Trump’s most vocal and visible campaigners during the run-up to the US presidential election. Musk, however, has accused fellow billionaire Jeff Bezos …

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'
1 month ago

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'

India Today  

The rivalry between Tesla and SpaceX CEO Elon Musk and Amazon founder Jeff Bezos has once again come into the spotlight. Musk recently claimed on social media platform X, formerly Twitter, that Bezos had advised people to sell their Tesla and SpaceX shares, predicting Donald Trump's electoral defeat. In a post on X, Musk wrote, "Just learned tonight at Mar-a-Lago …

Donald Trump plans to attend Elon Musk's SpaceX rocket launch in Texas
1 month ago

Donald Trump plans to attend Elon Musk's SpaceX rocket launch in Texas

Hindustan Times  

Donald Trump is planning to attend the launch of Elon Musk’s Starship rocket in Texas on Tuesday, according to people familiar with the matter, a nod to the billionaire entrepreneur’s growing role in the president-elect’s political sphere. Tesla and SpaceX CEO Elon Musk, left, and President-elect Donald Trump attend a campaign event at the Butler Farm Show on Oct. 5, …

Helping out the First Buddy: Trump suggests easing rules on driverless cars sending Musk’s Tesla stock soaring
1 month ago

Helping out the First Buddy: Trump suggests easing rules on driverless cars sending Musk’s Tesla stock soaring

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. If true, the change of stance would be a major boon for Tesla CEO …

Trump could make it tougher to afford electric cars. Why Elon Musk doesn’t mind
1 month ago

Trump could make it tougher to afford electric cars. Why Elon Musk doesn’t mind

LA Times  

Here’s what you need to know to start your day. That’s welcome news to Elon Musk, whose Tesla Motors is the state‘s and nation’s most popular purveyor of electric cars. “Taking away buyer credits would hurt them more than it would hurt Tesla, whose EV market share has begun to drop in the face of new competition.” The subsidy shakeup …

Musk has Trump’s ear, and that could help Tesla. Other EV makers? Maybe not so much
1 month, 1 week ago

Musk has Trump’s ear, and that could help Tesla. Other EV makers? Maybe not so much

LA Times  

President-elect Donald Trump’s full-throated support for oil and gas drilling might be expected to send a chill through the electric vehicle industry were it not for a wild card in his fledgling administration: Tesla Chief Executive Elon Musk. “If there’s a silver lining” to Trump’s victory, said Ramses Madou, chair of the Open Mobility Foundation, “it’s that Elon Musk can …

Musk’s bold move in backing Trump paid off — and how
Trending News
1 month, 1 week ago

Musk’s bold move in backing Trump paid off — and how

Hindustan Times  

During his victory speech last Wednesday, supporters screamed Elon Musk’s name as US President-Elect Donald Trump stood onstage at his Mar-a-Lago resort, giving his winning speech. That’s why I love you Elon.” In July, Elon Musk publicly supported Donald Trump, bringing with him at least $130 million in a pro-Trump campaign effort. In July, Elon Musk publicly supported Donald Trump, …

'Guest who wouldn't leave': Elon Musk reportedly overstaying welcome at Mar-a-Lago
Trending News
1 month, 1 week ago

'Guest who wouldn't leave': Elon Musk reportedly overstaying welcome at Mar-a-Lago

Raw Story  

Tech billionaire Elon Musk, who ran much of Donald Trump's voter outreach operation throughout the 2024 election through his super PAC, is reportedly spending so much time at the president-elect's South Florida country club that some of his aides are beginning to be unsettled by it, reported The Daily Beast on Monday. This comes after CNN's Kaitlan Collins reported, “While …

Elon Musk sticking close to Trump, influencing US transition: Reports
1 month, 1 week ago

Elon Musk sticking close to Trump, influencing US transition: Reports

Al Jazeera  

The Tesla CEO, Trump’s most influential campaign backer, has turned into a key power broker in presidential transition. Tech billionaire Elon Musk is diving even deeper into the world of politics after Donald Trump’s election win, cosying up to the president-elect and offering him input on key administration hires, according to US media reports. Kai Trump, Donald Trump’s granddaughter, posted …

Elon Musk's net worth crosses $300 billion following Trump's victory, a first in three years
1 month, 2 weeks ago

Elon Musk's net worth crosses $300 billion following Trump's victory, a first in three years

Hindustan Times  

American billionaire Elon Musk's net worth on Friday surpassed $300 billion for the first time in three years, aided by the surge in the value of his company, Tesla, since the results of the US presidential election, news agency Reuters reported. Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as …

Elon Musk's Tesla hits $1 trillion market value after Trump win
1 month, 2 weeks ago

Elon Musk's Tesla hits $1 trillion market value after Trump win

India Today  

Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favourable treatment under President-elect Donald Trump for his extensive support during the poll campaign. "Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump's victory will help expedite …

Elon Musk: How (and why) the Tesla CEO helped win Donald Trump the presidency.
1 month, 2 weeks ago

Elon Musk: How (and why) the Tesla CEO helped win Donald Trump the presidency.

Slate  

As an immigrant, Elon Musk is constitutionally barred from running for the American presidency. Throughout the campaign, both Musk and Trump suggested that Musk would be given carte blanche over the operations of the federal government, including running what they’re calling a Department of Government Efficiency, or DOGE, with a mandate to slash spending. But even a fraction of Musk’s …

How Elon Musk's clout with Donald Trump could enrich his companies
Trending News
1 month, 2 weeks ago

How Elon Musk's clout with Donald Trump could enrich his companies

The Hindu  

Elon Musk’s backing of Donald Trump’s decisive victory for a second presidency gives the billionaire entrepreneur extraordinary influence to help his companies secure favorable government treatment. He's now at the forefront of a growing class of Silicon Valley billionaires championing a libertarian movement as a backlash to the California region's historically liberal ideology - which Musk now derides as a …

Elon Musk's big bet on the US election has paid off, now it's time for 'hardcore reform' of US
Trending News
1 month, 2 weeks ago

Elon Musk's big bet on the US election has paid off, now it's time for 'hardcore reform' of US

Firstpost  

Elon Musk, after heavily backing Trump’s campaign, is set to lead a new government efficiency department in a Trump administration, promising drastic spending cuts and restructuring using his aggressive business style Representational Image.discussed setting up manufacturing facilities in Vietnam and sought advice on protecting intellectual property. Reuters Elon Musk, the world’s richest man, is positioned to have sweeping powers in …

Elon Musk, the ‘super genius’ behind Trump's election win, set to face pros and cons under 47th US president
1 month, 2 weeks ago

Elon Musk, the ‘super genius’ behind Trump's election win, set to face pros and cons under 47th US president

Hindustan Times  

Elon Musk, the owner of SpaceX, Tesla, and social networking platform X, has become the focus of attention with Donald Trump's US presidency. He went him to label him as a “super genius”, adding that “We have to protect our geniuses.” Musk contributed at least $119 million to Trump's campaign, making him a significant player in the US presidential election. …

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company
1 month, 2 weeks ago

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

Associated Press  

NEW YORK — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House. Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. …

Tesla shares soar 14% as Trump win sets stage for Elon Musk's electric vehicle company
1 month, 2 weeks ago

Tesla shares soar 14% as Trump win sets stage for Elon Musk's electric vehicle company

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Elon Musk’s India visit in limbo, could Donald Trump’s win boost Tesla entry into India?
1 month, 2 weeks ago

Elon Musk’s India visit in limbo, could Donald Trump’s win boost Tesla entry into India?

Live Mint  

After Donald Trump was declared the new President of the United States of America, shares of Elon Musk's companies began soaring based on the tech billionaire's close association with the Republican nominee's presidential campaign, according to an AFP report. Musk Role In Trump Office In previous indications on the matter, Musk has claimed that he can chop off around $2 …

Elon Musk bet big on Trump. Here’s what he stands to gain — and lose — from his win
1 month, 2 weeks ago

Elon Musk bet big on Trump. Here’s what he stands to gain — and lose — from his win

CNN  

New York CNN — No single business leader did more to support former President Donald Trump’s candidacy than Elon Musk. What a Trump win means for Tesla Musk posted numerous tweets on his social media platform X late Tuesday and early Wednesday celebrating Trump’s victory. “In our view, Tesla and CEO Elon Musk are perhaps the biggest winners from the …

Tesla shares soar pre-market as Trump hails 'genius' Musk
Trending News
1 month, 2 weeks ago

Tesla shares soar pre-market as Trump hails 'genius' Musk

New Indian Express  

PARIS, France: Shares in Tesla soared in pre-market trading Wednesday after Donald Trump claimed victory in the US presidential election and hailed the electric car company's boss Elon Musk as a "genius". "We have a new star, a star is born: Elon," Trump said, marvelling at Musk's SpaceX rocket and the deployment of the Starlink satellite internet service during Hurricane …

Elon Musk’s engagement on his X account ‘increased significantly’ since he endorsed Trump, new research says
1 month, 2 weeks ago

Elon Musk’s engagement on his X account ‘increased significantly’ since he endorsed Trump, new research says

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Elon …

Tesla CEO Wins Court Battle Over Social Media Post
1 month, 3 weeks ago

Tesla CEO Wins Court Battle Over Social Media Post

India TV News  

Tesla CEO Elon Musk was relieved in a court case related to his 2018 social media post. The case involved a tweet made on what was then known as Twitter during United Auto Workers organising efforts at a Tesla facility in Fremont, California. Musk tweeted against United Auto Workers, saying that he would vote against the union if they threatened …

Biden calls out Musk over published report that Tesla CEO once worked in U.S. illegally
1 month, 3 weeks ago

Biden calls out Musk over published report that Tesla CEO once worked in U.S. illegally

LA Times  

President Biden slammed Elon Musk for hypocrisy on immigration after a published report said that the Tesla CEO once worked illegally in the United States. The newspaper, citing company documents, former business associates and court documents, said Musk arrived in Palo Alto in 1995 for a graduate program at Stanford University “but never enrolled in courses, working instead on his …

Elon Musk — who rails against 'illegals in America' — worked illegally in U.S.: report
1 month, 3 weeks ago

Elon Musk — who rails against 'illegals in America' — worked illegally in U.S.: report

Raw Story  

Tesla and SpaceX CEO Elon Musk — the world's wealthiest man — has come out harshly against undocumented immigrants since becoming one of former President Donald Trump's biggest donors and campaign surrogates. Upon learning that both Musk and his brother, Kimbal, didn't have legal status to be in the United States, the funding agreement included a clause that stipulated Mohr …

Tesla Soars to New Heights, Surpassing $20 Billion Market Value in a Day
1 month, 4 weeks ago

Tesla Soars to New Heights, Surpassing $20 Billion Market Value in a Day

ABP News  

Elon Musk's net worth skyrocketed by $21 billion on Thursday as Tesla's stock surged by nearly 19%. The company's quarterly earnings report exceeded expectations, with a 17% profit increase and 8% revenue growth. Musk's lead over the second-richest individual has widened by $50 billion thanks to his substantial stake in Tesla. Tesla's focus on profitability and driverless technology is driving …

Musk's Regulatory Push for Autonomous Vehicles: A Government Efficiency Initiative
2 months ago

Musk's Regulatory Push for Autonomous Vehicles: A Government Efficiency Initiative

Live Mint  

Elon Musk has expressed interest in using his influence to push for a more streamlined regulatory approach to approving fully autonomous vehicles in the United States. Musk, who has been a vocal supporter of the Tesla Cybertruck, has said he would like to use his role in the US government to streamline the process of allowing self-driving cars to operate …

With the US presidential election less than two weeks away, Donald Trump and Kamala Harris can't be split by the polls
2 months ago

With the US presidential election less than two weeks away, Donald Trump and Kamala Harris can't be split by the polls

ABC  

"Neck and neck", "Deadlocked", "Dead heat", "Tied", "Too close to call". The national polls, and those taken in the seven battleground states, have shown Kamala Harris and Donald Trump jockeying for the lead over recent weeks, and that's how things sit now. At the time of writing, Harris leads Trump by less than 1 per cent nationally in the Real …

Elon Musk hoped Trump would ‘sail into the sunset.’ Now he works frenetically to elect him
2 months, 1 week ago

Elon Musk hoped Trump would ‘sail into the sunset.’ Now he works frenetically to elect him

LA Times  

While he was building rockets and electric cars and becoming the world’s richest man, Elon Musk mostly stayed out of politics, donating relatively modest amounts to candidates from both parties and voting for Democrats for president, including Barack Obama and Joe Biden. With Trump back in the White House, Noble said, Musk could “call Trump and say: ‘DOJ should stop …

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