Quite surprisingly, Elon Musk responded to a Tesla advocate’s suggestion, noting that having more goals and a new compensation plan “would be nice.” Musk doubled down on this point in a later post responding to another Tesla bull, who had highlighted that the CEO’s 2018 compensation plan...
Elon Musk has said running Twitter has been "quite painful" and "a rollercoaster", in a last-minute interview with the BBC. Read the transcript here.
“Colonizing Mars is an expensive endeavor. Musk believes he has a moral obligation to direct his wealth toward that goal, and Musk views his compensation from Tesla as a means of bankrolling that mission. Musk sees working at Tesla as worthy of his time only if that work generates ‘additi...
Elon Musk has risen to fame by founding some of the most innovative tech companies in the world today, including electric vehicle maker Tesla and space exploration company SpaceX. Today, Musk ranks as the richest person in the world, according to Bloomberg, largely thanks to his roughly 13 pe...
South African entrepreneur Elon Musk is known for founding Tesla Motors and SpaceX, which launched a landmark commercial spacecraft in 2012.
Elon Musk must give up a compensation package awarded by Tesla's board of directors that is potentially worth more than $55bn (£43.4bn), a judge has ruled. The Delaware court decision comes five years after a shareholder lawsuit targeted theTeslachief executive and the directors. The compan...
On June 13th, Tesla shareholders will decide the fate of Musk’s compensation package, which is estimated to be worth as much as $56 billion. It will be thesecond timethat shareholders will vote on the CEO’s pay, aftera Delaware judge voided the first oneearlier this year on the ...
As Musk’s public persona has become increasingly right-wing, Tesla appears to be paying a price in sales, especially to liberal and left-leaning customers.
California Public Employees' Retirement System(CalPERS) CEO Marcie Frost said the pension would oppose Musk's pay package and wrote that the "exorbitant compensation is at odds with CalPERS' longstanding views on executive pay" and that it's "excessive when compared to executives at peer companie...
Elon Musk's proposed US$44 billion deal to acquire Twitter and take it private is reportedly coming together as a court's Oct. 28, 2022, deadline nears.