I am sure you are waiting to learn the results of last week's poll. (Reminder: Sign up for the Mobility newsletter to participate in our polls!) Here is what I asked: "What is the best business model for autonomous vehicle tech? (Keep profitability in mind.)" Far and away, readers think longer-haul delivery is the best bet, with 40% picking this option.
After months of being relatively quiet following his resignation from the Department of Government Efficiency and subsequent fallout with President Donald Trump, Musk slammed proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis. "I just don't feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis, who have no freaking clue," Musk said. "I mean, those guys are corporate terrorists."
In order to unlock the full amount of shares proposed in this compensation plan, Tesla's value would need to increase dramatically to $8.5 trillion. As Tesla's proxy statement points out, that would make Tesla roughly 2x as valuable as the most valuable company in the world (Nvidia) today. Arguably, growing Tesla's value to double the value of Nvidia would justify paying Musk something like double the compensation of Nvidia's CEO.
Because after another turbulent morning of closely following the rough-and-tumble contest to become the next NASA administrator, I sure could use one. What has happened now? Why, it was only SpaceX founder Elon Musk, who is NASA's most important contractor, referring to the interim head of the space agency, Sean Duffy, as "Sean Dummy," and suggesting he was trying to kill NASA. Musk later added, "The person responsible for America's space program can't have a 2 digit IQ."
The pay package aims to lock in Musk to the CEO role at Tesla for the next decade, as it will only be paid in full if he is able to unlock each tranche based on company growth, which will reward shareholders. However, the sum is incredibly large and would give Musk the ability to become the first trillionaire in history, based on his holdings. This is precisely why ISS is advising shareholders to vote against the pay plan.
Elon Musk said he was going to donate to Rep. Thomas Massie in July. As of the end of September, it hasn't happened yet. The Kentucky Republican's campaign filed its latest quarterly report with the Federal Election Commission on Wednesday, and Musk's name appears nowhere among the various campaign donors listed in the document. The report covers all of the Massie campaign's donations and spending from the beginning of July through the end of September.
The Tesla and SpaceX CEO broke a three-year quiet streak on bitcoin early Tuesday, commenting on an X post from financial outlet ZeroHedge that tied surging gold, silver, and Bitcoin prices to global monetary "debasement" driven by artificial intelligence spending. "True," Musk replied. "That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy."
"Absolutely, there are people I don't like," she told interviewer and TV writer Brad Falchuk, "and I would like to put them on one of Musk's spaceships and send them all off to the planet he's sure he's going to discover."
Legal insurrection. The President is the commander-in-chief of the Armed Forces, not an Oregon judge. Portland and Oregon law enforcement, at the direction of local leaders, have refused to aid ICE officers facing relentless terrorist assault and threats to life.... This is an organized terrorist attack on the federal government and its officers, and the deployment of troops is an absolute necessity to defend our personnel, our laws, our government, public order and the Republic itself.
The Southern Poverty Law Center long ago abandoned civil rights work and turned into a partisan smear machine, Patel wrote on X about the civil rights watchdog group. Their so-called hate map' has been used to defame mainstream Americans and even inspired violence. That disgraceful record makes them unfit for any FBI partnership. The connection between the group and the FBI is officially terminated, Patel made clear.
Musk, considered the world's richest man, had argued his incredibly busy' schedule made attending the Washington, DC, case a burden. Billionaire Elon Musk has failed to persuade a federal judge in Washington, DC, to move a Securities and Exchange Commission (SEC) lawsuit over the late disclosure of his growing Twitter stake to Texas after saying he was too busy to defend himself in the nation's capital.
The tech magnate's net worth briefly reached $500.1bn on Wednesday afternoon New York time, before dipping slightly to just over $499bn later in the day, the Forbes' billionaires index reported. Alongside Tesla, valuations of his other ventures, including the artificial intelligence startup xAI and rocket company SpaceX, have also reportedly climbed in recent months. The milestone further cements Musk's status as the world's richest person, well ahead of rivals in the global tech sector.
Elon Musk has accused the Anti-Defamation League, one of the most prominent Jewish organizations in the US, of being a hate group against Christians, suggesting that it encourages murder. The ADL hates Christians, therefore it is is [sic] a hate group, Musk responded on Sunday night to an X account that posts anti-immigrant content. Musk made the comments on his social media platform X in response to the ADL's documentation of racist and extremist statements by members of Charlie Kirk's group, Turning Point USA.
