Elon Musk’s grand compensation plan, the largest corporate pay package in history, has cleared its final hurdle. With over 75% of shareholders backing the proposal at Tesla’s annual general meeting, Musk now stands to receive as much as $1 trillion in stock over the next decade. This is a bet which is extraordinary but also … Read more
Tesla has once again ignited a fierce debate over executive compensation, corporate governance and performance incentives with its proposed $1 trillion pay package for CEO Elon Musk. The staggering figure, which could be the largest corporate compensation plan in history, has drawn sharp criticism from many quarters, while also earning support from investors who credit … Read more
When Tesla directors offered Elon Musk the biggest executive pay package in corporate history in September, it reassured investors that he would have to achieve the equivalent of “Mars-shot milestones” to earn $878 billion in Tesla stock over 10 years. The board’s proposal said Musk would have to “completely transform Tesla and society as we … Read more
Tesla teased an October 7 event, in which investors and analysts anticipate the unveiling of a more affordable vehicle to counter falling sales, sending the shares of the Elon Musk-led electric automaker more than 5% higher on Monday. In a nine-second video posted on social media platform X on Sunday, Tesla showed a vehicle with … Read more
Larry Ellison briefly overtook Elon Musk as the world’s richest man on Wednesday after a historic rally in Oracle Corp shares added $244 billion to the software giant’s market value. The surge pushed Oracle closer to the $1 trillion mark and fueled speculation over whether it could soon displace Tesla Inc among the world’s 10 … Read more
New York: A relatively little-known information technology executive is running Tesla‘s sales team as the electric carmaker grapples with a drop in sales, according to people familiar with the matter. Raj Jegannathan, a senior executive with a wide purview including several IT and data functions, recently took over the sales role, said the people familiar … Read more
In a volatile Q2, Indian investors on Vested Finance showed maturity by repositioning around uncertainty. They moved away from crowded megacaps, focused on high-conviction themes, and diversified with more intelligent ETF exposure, international bets, and income strategies. Healthcare, semiconductors, small caps, and AI-adjacent sectors are now firmly part of their core playbook. The same investors … Read more
Tesla shares shot-up 4% in the opening trade on Wednesday, hitting the day’s high of $313 per share. The uptick was accompanied with strong volumes as nearly 12 crore shares changed hands on the Nasdaq. The Tesla shares rallied notwithstanding a sharper-than-expected fall in second-quarter deliveries. The electric vehicle maker delivered 3,84,122 vehicles in the … Read more
Last week, the Internet witnessed the spectacular implosion of one of the most unconventional alliances in modern American politics. What had once been an uneasy partnership between the billionaire CEO of Tesla and X, Elon Musk, and U.S. President Donald Trump, blew into a full-blown public feud. Mr. Musk accused the 78-year-old President of “total … Read more
US President Donald Trump and Tesla CEO Elon Musk, once allies and friends, have turned enemies with last night’s public feud on social media in which they targeted each other with brutal barbs. What began with Musk’s criticism of the government’s new tax bill turned an ugly slanging match. Trump claimed he had cut Musk … Read more