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Elon Musk Gets Good News From Trump
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Once again, Tesla chair Robyn Denholm pleaded with shareholders to approve CEO Elon Musk's unprecedented compensation package, one that could cost the company $1 trillion, with the threat of Musk leaving the company.
Robyn Denholm said in a letter to shareholders that Musk stepping away could lead to Tesla losing "significant value."
Tesla CEO Elon Musk's polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker's U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire's persona.
Denholm said the $1 trillion package is designed to retain and motivate Musk for at least another seven years.
4don MSN
Elon Musk said he needs $1 trillion to stop ‘corporate terrorists’ from wresting control of Tesla
Elon Musk says he needs to build his stake in Tesla so much that he could become the world’s first trillionaire. But this week he said his aim wasn’t to increase his planet-leading wealth. Instead, Musk said the biggest pay package in history was necessary to protect his company.
Although the photo appears to show Ocasio-Cortez and Mamdani waving to the audience, some of President Donald Trump’s supporters and allies seized on the image — with many comparing the congresswoman’s stance to past backlash against tech billionaire Elon Musk.
President Donald Trump put allies on a board set to decide the fate of his ballroom. Stillbirths in the U.S. are far more common than previously reported. How common? Nearly 19,000 stillbirths occurred between 2016 and 2022, a study found. Thousands happen without clear warning signs, even in seemingly healthy pregnancies.
Elon Musk's estranged daughter Vivian Wilson—who came out as transgender at age 16—playfully clapped back at someone asking to hear her "real voice."