The company’s board of directors will now decide whether to appeal the decision, change where Tesla is incorporated or negotiate a new pay package.
Category: Musk, Elon
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Elon Musk’s Tesla Pay Package Is Struck Down by Judge
Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
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Neuralink Implanted a Device in a Patient’s Brain, Elon Musk Says
The billionaire said his company’s first product, called Telepathy, would let a person control a phone or computer “just by thinking.”
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Tesla Shares Tumble As Growth Stalls
Shares in Elon Musk’s electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.
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Musk Demands Bigger Stake in Tesla as Price for A.I. Work
Elon Musk, the electric car company’s chief executive, said he would “build products outside of Tesla” unless the board raises his stake to 25 percent.
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Hertz Will Sell Electric Cars After Being Burned by Tesla’s Price Cuts
The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.
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How Astronomers Are Saving Astronomy From Satellites — For Now
Even the most powerful telescopes are in peril as orbits above Earth fill with thousands of new satellites. But scientists aren’t ready to give up the night sky.