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Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
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Union Files Labour Charges Against Trump, Musk For "Threatening" Workers
The United Auto Workers Union said on Tuesday it has filed complaints with the National Labor Relations Board against Donald Trump and Tesla CEO Elon Musk over attempts to threaten and intimidate workers.
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Elon Musk May Leave Tesla If $56 Billion Pay Not Approved, Board Chair Warns
"Motivating someone like Elon requires something different," the company's board chair Robyn Denholm said.
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Elon Musk Leaves Beijing As Tesla Clears Key Regulatory Hurdles In China
Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese authorities.
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Explained: Elon Musk's "Unfathomable" $56 Billion Tesla Pay Package
A Delaware judge has tossed out Elon Musk's recordbreaking $56 billion Tesla pay package, calling the compensation granted by the EV maker's board "an unfathomable sum" that was unfair to
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Elon Musk Used LSD, Cocaine; Gave Slurred Speech At SpaceX Event: Report
People who have observed Elon Musk's drug usage claim that he has taken LSD, cocaine, ecstasy, and psychedelic mushrooms, frequently at private parties across the world.
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Renault to Overhaul Software Architecture Ahead of Goal to Be on Par With Tesla by 2026
Renault on Monday outlined its plans to overhaul its software architecture for future vehicles to bring them on par with industry leader Tesla by 2026. The French carmaker is looking to include just 20 processors on board to operate its vehicles, down from the currently required 100 processors. It will also allow Renault to make updates remotely, w...
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Apple, Google Can Challenge US Patent-Review System, Court Rules
A US appeals court ruled on Monday, allowing Apple, Google, Cisco and others to challenge the US Patent and Trademark Office over a rule that reduced the number of patent-validity proceedings at a USPTO tribunal. Apple, Google, Cisco, Intel and Edwards Lifesciences sued the PTO in the California federal court in 2020 over the rule. They argued it u...
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Elon Musk’s $55 Billion Tesla Pay Package Product of ‘Sham Negotiations’, Shareholders Say
Tesla shareholders have argued in a Delaware court that Elon Musk’s pay package, awarded by the company’s board of directors to the CEO and potentially worth more than $55 billion (roughly Rs. 4.5 lakh crore), should be voided because it was dictated by Musk and the product of sham negotiations with directors who were not independent of him.
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"Was Told Saudi Crown Prince Was On Board": Elon Musk In Tesla Tweet Trial
Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.
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Elon Musk Defends $56 Billion Salary, Says Some Tesla Decisions Made Without Board Nod
Elon Musk on Wednesday defended his $56 billion (roughly Rs. 4,56,800 crore) pay package in a US court, in a lawsuit filed by a shareholder. The Tesla CEO said that he made some decisions without the approval of the company's board. However, the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a p...
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Elon Musk to Find New Leader to Run Twitter, Jack Dorsey Says No to Return
Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organisational restructuring this week. Musk made the remarks while testifying in a Delaware court.
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Elon Musk Set to Testify at US Trial Over His $50 Billion Tesla Pay Package
Elon Musk is set to take the stand on Wednesday as part of an ongoing trial over his $50 billion compensation as Tesla CEO, filed by a shareholder. The complaint by shareholder Richard Tornetta, who accuses Musk of "unjustified enrichment" and asked for the annulment of a pay program that helped make the entrepreneur the richest man in the world. T...
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Elon Musk's $55 Billion Tesla Pay Package Challenged in US Court Weeks After Twitter Takeover
Elon Musk's $55 billion (roughly Rs. 4,47,500 crore) pay package at Tesla has been challenged in a US court, weeks after the world's richest man completed his takeover of Twitter. The lawsuit seeks to challenge a 2018 performance-based stock option grant was negotiated by a compensation committee and approved by Tesla board members who allegedly ha...
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Elon Musk's $56 Billion Tesla Pay Goes to Trial Ahead of Plans to Overhaul Twitter
Elon Musk's $56 billion (roughly Rs. 4,590 crore) pay is set to go to trial on November 14, as the world's richest man attempts to overhaul the most widely used microblogging service after the takeover deal. The billionaire is facing a Tesla shareholder's lawsuit that seeks to rescind his 2018 pay deal, that claims the board set easy targets for Mu...
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Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
-
Union Files Labour Charges Against Trump, Musk For "Threatening" Workers
The United Auto Workers Union said on Tuesday it has filed complaints with the National Labor Relations Board against Donald Trump and Tesla CEO Elon Musk over attempts to threaten and intimidate workers.
-
Elon Musk May Leave Tesla If $56 Billion Pay Not Approved, Board Chair Warns
"Motivating someone like Elon requires something different," the company's board chair Robyn Denholm said.
-
Elon Musk Leaves Beijing As Tesla Clears Key Regulatory Hurdles In China
Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese authorities.
-
Explained: Elon Musk's "Unfathomable" $56 Billion Tesla Pay Package
A Delaware judge has tossed out Elon Musk's recordbreaking $56 billion Tesla pay package, calling the compensation granted by the EV maker's board "an unfathomable sum" that was unfair to
-
Elon Musk Used LSD, Cocaine; Gave Slurred Speech At SpaceX Event: Report
People who have observed Elon Musk's drug usage claim that he has taken LSD, cocaine, ecstasy, and psychedelic mushrooms, frequently at private parties across the world.
-
Renault to Overhaul Software Architecture Ahead of Goal to Be on Par With Tesla by 2026
Renault on Monday outlined its plans to overhaul its software architecture for future vehicles to bring them on par with industry leader Tesla by 2026. The French carmaker is looking to include just 20 processors on board to operate its vehicles, down from the currently required 100 processors. It will also allow Renault to make updates remotely, w...
-
Apple, Google Can Challenge US Patent-Review System, Court Rules
A US appeals court ruled on Monday, allowing Apple, Google, Cisco and others to challenge the US Patent and Trademark Office over a rule that reduced the number of patent-validity proceedings at a USPTO tribunal. Apple, Google, Cisco, Intel and Edwards Lifesciences sued the PTO in the California federal court in 2020 over the rule. They argued it u...
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Elon Musk’s $55 Billion Tesla Pay Package Product of ‘Sham Negotiations’, Shareholders Say
Tesla shareholders have argued in a Delaware court that Elon Musk’s pay package, awarded by the company’s board of directors to the CEO and potentially worth more than $55 billion (roughly Rs. 4.5 lakh crore), should be voided because it was dictated by Musk and the product of sham negotiations with directors who were not independent of him.
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"Was Told Saudi Crown Prince Was On Board": Elon Musk In Tesla Tweet Trial
Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.
-
Elon Musk Defends $56 Billion Salary, Says Some Tesla Decisions Made Without Board Nod
Elon Musk on Wednesday defended his $56 billion (roughly Rs. 4,56,800 crore) pay package in a US court, in a lawsuit filed by a shareholder. The Tesla CEO said that he made some decisions without the approval of the company's board. However, the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a p...
-
Elon Musk to Find New Leader to Run Twitter, Jack Dorsey Says No to Return
Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organisational restructuring this week. Musk made the remarks while testifying in a Delaware court.
-
Elon Musk Set to Testify at US Trial Over His $50 Billion Tesla Pay Package
Elon Musk is set to take the stand on Wednesday as part of an ongoing trial over his $50 billion compensation as Tesla CEO, filed by a shareholder. The complaint by shareholder Richard Tornetta, who accuses Musk of "unjustified enrichment" and asked for the annulment of a pay program that helped make the entrepreneur the richest man in the world. T...
-
Elon Musk's $55 Billion Tesla Pay Package Challenged in US Court Weeks After Twitter Takeover
Elon Musk's $55 billion (roughly Rs. 4,47,500 crore) pay package at Tesla has been challenged in a US court, weeks after the world's richest man completed his takeover of Twitter. The lawsuit seeks to challenge a 2018 performance-based stock option grant was negotiated by a compensation committee and approved by Tesla board members who allegedly ha...
-
Elon Musk's $56 Billion Tesla Pay Goes to Trial Ahead of Plans to Overhaul Twitter
Elon Musk's $56 billion (roughly Rs. 4,590 crore) pay is set to go to trial on November 14, as the world's richest man attempts to overhaul the most widely used microblogging service after the takeover deal. The billionaire is facing a Tesla shareholder's lawsuit that seeks to rescind his 2018 pay deal, that claims the board set easy targets for Mu...
