Showing support for Tesla CEO Elon Musk, a majority of the EV automaker’s investors voted in favour of the tech billionaire’s historic $56 billion pay package. They also voted in support of the company’s relocation of domicile from Delaware to Texas. Known for his active posts on social media, especially self-owned platform X (formerly known
On today’s episode of “Asking for a Trend,” host Josh Lipton dives into the controversial $56 billion pay package approved for Tesla CEO Elon Musk. While the staggering compensation plan proves shareholders’ confidence in Musk’s leadership, the legal battles surrounding this decision are far from over. The show explores the implications of this unprecedented move,
An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market. So, Forge Global’s Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring. The ultimate goal: Give more investors easier access to unicorns. “This is a major financial innovation that’s
By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year. The fund is Tesla’s eighth-biggest shareholder, according
Elon Musk spent 30 minutes expounding on space exploration, declining birth rates, free speech, and artificial intelligence in space, at a much-anticipated appearance at the 27th annual Milken Global Conference. Basically, everything except for Tesla (TSLA). Not once did the tech billionaire mention his famed EV maker, or X, formerly known as Twitter, or the
The latest layoffs at Tesla (TSLA) this week cut close to the bone of the EV pioneer’s big competitive advantage — its ubiquitous Supercharger network. As first reported by EV blog Electrek, Tesla laid off nearly the entire Supercharger organization, which was responsible for the build-out of its best-in-class charging network. Major automakers recently signed