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

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 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 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

4 d. ago Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund

Carmaker’s seventh biggest single investor will vote against package at annual shareholder meetingBusiness live – latest updatesNorway’s sovereign wealth fund has said it will vote against a $1tn (£765bn) pay package for the Tesla chief executive, Elon Musk.The fund, which is the biggest national wealth fund in the world, said that while it appreciated the “the significant value created under Mr Musk’s visionary role” it would vote against his performance award. Continue reading...

Economics

2 w. ago 'Corporate terrorists': Elon Musk hits out at opponents of his $1TRILLION pay package as profits slump

Elon Musk has branded opponents of his proposed $1trillion (£750billion) Tesla pay package 'corporate terrorists'.

Economics