2 h. ago A year on from Trump’s victory, resistance is everywhere | Rebecca Solnit

Americans have shown a tremendous amount and variety of opposition – more than some may realizeA young white woman in yoga clothes berating masked ICE agents in a parking lot this spring. A pope speaking up again and again for immigrants. Furious judges dressing down the Trump administration and ruling against it time after time after time, in response to the blizzard of lawsuits filed by human rights and environmental groups, states, cities and individuals. A senator speaking nonstop for 25 hours and another flying to El Salvador to find out what happened to his kidnapped constituent. The biggest day of protest in US history as an estimated 7 million people showed up for No Kings on 18 October in small towns and red counties as well as big blue cities.Weekly protests at Tesla salesrooms earlier this year that succeeded in damaging the brand, depressing global sales and prompting Tesla CEO Elon Musk to retreat from his Doge slash-and-burn project. Federal workers resisting sometimes...

Politics

63 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

64 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

5 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