48 h. ago Elon Musk reacts to $1trillion pay deal approved by Tesla shareholders: 'Time to pull a LOT of rabbits out of the bag'

The deal would see the world’s richest man become significantly richer over the next decade

Economics

56 h. ago Tesla shareholders approve Elon Musk's $1 trillion pay package after founder threatens to leave

Elon Musk could become the world's first trillionaire after Tesla shareholders voted to give him a mammoth pay package.

Economics

58 h. ago Musk could become history's first trillionaire as Tesla shareholders approve giant pay package

The world’s richest man was just handed a chance to become history’s first trillionaire

Politics

58 h. ago Elon Musk to become world's first trillionaire as Tesla shareholders vote to pay him $1trillion

Tesla shareholders have voted to give Elon Musk a huge pay package of nearly $1trillion worth of stock over the next decade, making him the world's first trillionaire

Politics

58 h. ago Elon Musk on course to become world's first trillionaire as he wins Tesla vote

Elon Musk is now on course to become the world's first trillionaire after Tesla shareholders voted to approve the latest proposed compensation plan for its CEO

Politics

59 h. ago Tesla shareholders to vote on $1tn pay package for CEO Elon Musk

If approved, the CEO will need to increase Tesla’s value eightfold, to $8.5tn in market capitalization, by 2035Tesla shareholders met on Thursday to vote on a compensation plan for CEO Elon Musk worth close to $1tn. If approved, the package will demonstrate shareholders’ confidence the billionaire can lead his car company into an era dominated by artificial intelligence and robotics. If denied, Tesla may face the loss of a leader who once made the company name synonymous with electric vehicles.If Musk delivers on the lofty milestones in the pay package laid out at Tesla’s 6 November annual meeting, he could become the world’s first trillionaire. To do so, he will need to guide Tesla to $8.5tn in market capitalization, eight times what it’s worth today. He will also be required to deploy millions of autonomous vehicles and humanoid robots and sustain the company’s bottom line in the hundreds of billions over the next decade. Continue reading...

Economics

3 d. ago How Tesla shareholders could make Elon Musk the world’s first trillionaire

Shareholder votes on a pay package worth $1tn to be tallied 6 November – but it contains milestones beyond growing the company’s market capIf Elon Musk can grow Tesla to over $8tn in value for stockholders over the next decade, he will be well on his way to becoming the world’s first trillionaire.That is if stockholders approve the company’s latest proposed compensation plan for the “Superstar CEO”, as a judge once called him, at this week’s annual shareholders meeting in Austin, Texas, set for Thursday afternoon. Continue reading...

Politics

3 d. ago Musk the trillionaire? Debate over his Tesla pay package rages

Tesla shareholders will decide soon on whether Elon Musk could have a shot at becoming the world's first trillionaire

Politics

4 d. ago A grand slam deal: Breakfast diner Denny’s is sold for $620 million and will be privately owned

If Denny’s shareholders approve, the deal is expected to close in early next year

Economics

4 d. ago Major Tesla investor to vote against Elon Musk’s $1 trillion pay package

Norway’s sovereign wealth fund calls Musk a ‘visionary,’ but says it has concerns about the figure

Economics

1 week ago Tesla chair warns shareholders that Musk could walk if they don’t approve $1 trillion payday

Tesla’s board has received some criticism over its apparent close relationship with Musk, the company’s CEO

Events

1 week ago Microsoft sued for allegedly misleading millions of Australians with its AI pricing

Tech giant faces hefty fines from consumer watchdog for allegedly trying to convince customers to pay more than needed for their Microsoft 365 subscriptionFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWhen Microsoft told customers it was jacking up the price by 45% for its office suite, it gave them two options: accept the price for the product – and it’s AI add-ons – or cancel.According to Australia’s consumer watchdog, the tech giant allegedly failed to share that a third option was available – pay the same lower price and opt out of the AI, named Copilot, in Microsoft 365. Continue reading...

Politics

2 w. ago Jeffrey Epstein 'secretly bankrolled Sarah Ferguson for 15 years,' bombshell emails claim

The disgraced ex-Duchess of York — this week stripped of her titles — previously admitted to taking £15,000 off him to help pay off her debts, which she called 'a giant error of judgment'

Events

4 w. ago 'Gentle giant' dies in Cookstown car crash as heartbroken pals pay tribute to his 'warmth'

Thomas Lagan, 21, sadly died after a car crash in Cookstown, Northern Ireland, on Friday - and his loved ones have now shared a special tribute to the young man

Events