Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.
Category: Tesla Motors Inc
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Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.
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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
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What If You Spent Every Waking Moment Taking On Elon Musk?
Aaron Greenspan was once a promising entrepreneur. He has spent the last two decades lobbing grenades at the country’s most powerful tech moguls.
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Musk’s Trillion-Dollar Pitch
Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.
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Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.
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Delaware’s Highest Court Considers Elon Musk’s Tesla Pay Plan
The justices on the state Supreme Court heard arguments in a long dispute about whether the Tesla chief executive’s compensation was fair to shareholders.
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Tesla Reveals Cheaper Versions of Model Y and Model 3
Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles.
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Tesla Is Sued by Families Who Say Faulty Cybertruck Doors Led to Two Deaths
A college student was trapped in a burning Cybertruck because electronic doors made it difficult for her to get out or be rescued, a lawsuit claims.
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Tesla’s Car Sales Rise 7% as U.S. E.V. Tax Credit Ends
The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more.