Few auto executives are as closely identified with the companies they manage as Elon Musk, the chief executive of Tesla, is. And probably none are more prolific in broadcasting their political views on social media. But as Mr. Musk’s public persona has become increasingly right wing, Tesla appears to be paying a price in sales,…
Tesla shareholders reaffirmed a pay award worth more than $45 billion for Elon Musk on Thursday, but before the announcement was made official at the company’s annual meeting in Austin, Texas, Mr. Musk posted the news on X, his social media platform. “Both Tesla shareholder resolutions are currently passing by wide margins!” he wrote in…
Tesla shareholders have reaffirmed a pay award of more than $45 billion for Elon Musk, the chief executive, after it was thrown out in a legal challenge. The vote result, announced at Tesla’s annual meeting in Austin, Texas, on Thursday, is a strong sign that shareholders still believe in Mr. Musk and it could persuade…
Under Elon Musk’s leadership, Tesla popularized electric vehicles and became the most valuable auto company in the world. Mr. Musk became a billionaire many times over while generating huge profits for investors. Despite these achievements, Tesla’s shareholders may decide that Mr. Musk has been paid too much. In a vote whose results will be announced…
As the speeches dragged on, eyes drifted to screens. Teenagers scrolled Instagram. One man texted his girlfriend. And men crowded around a phone streaming a soccer match while the group’s first female leader spoke. Just about anywhere, a scene like this would be mundane. But this was happening in a remote Indigenous village in one…
X, the social media service owned by Elon Musk, will host live video town halls with former President Donald J. Trump and Robert F. Kennedy Jr. in the run-up to the U.S. presidential election, a major push into politics, according to a person familiar with the plans. The town halls, which will be produced in…
Elon Musk’s artificial intelligence company, xAI, said on Sunday that it has raised $6 billion, helping to close the funding gap with OpenAI, Anthropic and other rivals in the red-hot industry. The funds would be used “to take xAI’s first products to market, build advanced infrastructure, and accelerate the research and development of future technologies,”…
Minutes after it became clear that Javier Milei had been elected president of South America’s second-largest nation in November, Elon Musk posted on X: “Prosperity is ahead for Argentina.” Since then, Mr. Musk has continued to use X, the social network he owns, to boost Mr. Milei. The billionaire has shared videos of the Argentine…
Facing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially give him everything he wanted, including the biggest pay package in corporate history. If setbacks in court and the car market have induced any soul searching among Tesla’s board, there was no sign of…
A Delaware judge’s decision to void the pay package that helped make Elon Musk the world’s richest person leaves Tesla’s board of directors with some difficult decisions to make. Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery on Tuesday ordered Tesla to cancel stock options awarded to Mr. Musk, the electric car…
