Russian forces in occupied Ukraine are using Starlink terminals produced by Elon Musk’s SpaceX for satellite internet in what is beginning to look like their “systemic” application, Kyiv’s main military intelligence agency said on Sunday. The terminals were rushed in to help Ukraine after Russia’s February 2022 invasion and have been vital to Kyiv’s battlefield […]
Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk’s $55.8 billion pay package as CEO of Tesla. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the […]
Read the full story on The Backfire News Elon Musk’s $1 Million Uninsured McLaren F1 Crash While Trying To Impress Another Billionaire In the pantheon of supercars, the McLaren F1 occupies the throne as the progenitor of the modern supercar era. With only 106 models ever crafted, its ownership roster reads like a who’s who […]
Tesla announced pay increases effective January 8. The company now pays US factory workers between $22 to $39 per hour, according to documents viewed by Business Insider. Take a look at how much Tesla factory workers make across the country. Tesla hiked pay for factory workers across the US last month. Internal documents viewed by […]
Tesla announced pay increases effective January 8. The company now pays US factory workers between $22 to $39 per hour, according to documents viewed by Business Insider. Take a look at how much Tesla factory workers make across the country. Tesla hiked pay for factory workers across the US last month. Internal documents viewed by […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The Elon Musk noise machine has been in hyperdrive lately. There’s the Delaware court ruling voiding his pay package as Tesla CEO. The report alleging that Tesla board members felt pressured to take […]
Tesla’s former general counsel cried during his deposition on Elon Musk‘s compensation package. Delaware judge Kathelaeen McCormick said Todd Maron’s “admiration for Musk moved him to tears.” Maron joined Tesla in 2013 and left the company in 2019. You might be a fan of Elon Musk, but would you cry for him during a deposition? […]
A decision by a Delaware judge to throw out Elon Musk’s $56 billion Tesla (TSLA) pay package is a threat to the wealth of the world’s richest man. It also could alter the way CEO compensation is decided at companies across America. “It’s a big deal,” said Cornell University visiting lecturer Brian Dunn, who noted […]
A decision by a Delaware judge to throw out Elon Musk’s $56 billion Tesla (TSLA) pay package is a threat to the wealth of the world’s richest man. It also could alter the way CEO compensation is decided at companies across America. “It’s a big deal,” said Cornell University visiting lecturer Brian Dunn, who noted […]
(Bloomberg) — Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question. Most Read from Bloomberg That is if the ruling […]
(Bloomberg) — Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question. Most Read from Bloomberg That is if the ruling […]
By Tom Hals WILMINGTON (Reuters) – A Delaware judge on Tuesday ruled that Elon Musk‘s record-breaking $56 billion Tesla pay package could be tossed, calling the compensation granted by the EV maker’s board “an unfathomable sum” that was unfair to shareholders. Shares of Tesla dropped about 3% in extended trade. The ruling may sweep away […]