Tesla shareholders have ratified Elon Musk's massive 2018 stock options package, challenging a previous court ruling that voided the pay plan. Despite a January decision by Delaware Judge Kathaleen McCormick citing undue influence and misinformation, Tesla argues the shareholder vote nullifies the ruling. The legal team representing the shareholders is pushing back, seeking billions in legal fees. The outcome hinges on upcoming court arguments and Judge McCormick’s interpretation of the shar...
Jun 29, 2024•9 min
Jeff Bezos files a public complaint with the FAA.
Jun 28, 2024•27 min
The FAA's decision on the requested restrictions for SpaceX's Starship launches will be closely watched, given the significant investments and high stakes for both companies involved in this high-profile space race.
Jun 27, 2024•6 min
Elon Musk's strategic decisions regarding Nvidia chips are indicative of his broader vision for AI across his various enterprises. While the immediate reallocation may pose challenges for Tesla, the long-term prospects for AI advancements remain strong, driven by significant investments and ongoing developments in supercomputing capabilities.
Jun 26, 2024•7 min
Tesla Faces Legal Showdown Over Musk's $56 Billion Pay Package and Billion-Dollar Legal Fees
Jun 25, 2024•7 min
In a heated legal battle, Tesla shareholder Richard Tornetta's legal team has made a bold demand for $1.44 billion in fees after successfully challenging Elon Musk’s controversial 2018 CEO Performance Award. Initially seeking over $5 billion, the legal team now proposes an adjusted hourly rate of $73,948. Tesla fiercely contests this claim, arguing for a far lower payout. As the Delaware Court of Chancery prepares to rule, this case spotlights the high stakes and intense conflicts over execu...
Jun 24, 2024•8 min
In this week's "Elon Musk Weekly News Update," we dive into the latest headlines from Tesla, SpaceX, X (formerly Twitter), and Neuralink. Discover Tesla's newest electric vehicle advancements and how they're pushing the boundaries of innovation. Get the scoop on SpaceX's ambitious missions and future plans for space exploration. Stay updated on Neuralink's groundbreaking work in brain-machine interface technology. Plus, learn about the latest developments at X. It's your go-to source for all the...
Jun 23, 2024•42 min
Elon Musk recently expressed his disapproval after Melinda French Gates endorsed President Joe Biden for the upcoming election. Gates, who had never endorsed a presidential candidate before, announced her support for Biden on social media platform X, stating the election's significant consequences for women and families.
Jun 22, 2024•8 min
Despite past missed targets, Musk asserted that the development of autonomous technology is accelerating. He confidently predicted that Tesla’s market valuation could soar from its current $585 billion to over $5 trillion by 2029, driven primarily by the adoption of autonomous vehicles.
Jun 21, 2024•8 min
Starlink's Launch in Indonesia Elon Musk's SpaceX has launched its Starlink satellite internet service in Indonesia, aiming to provide high-speed internet access across the archipelago. The service promises to bridge connectivity gaps, especially in remote regions where traditional internet infrastructure is insufficient. The launch event in Bali also saw Musk participating in the 10th World Water Forum, addressing global water and sanitation challenges. This move aligns with Indonesia&#...
Jun 20, 2024•11 min
Neuralink, the brain-implant startup founded by Elon Musk, is facing legal action from a former employee, Lindsay Short, who claims she was forced to work with monkeys carrying the Herpes B virus under unsafe conditions. The complaint, filed in California state court, also alleges retaliation and wrongful termination following her announcement of pregnancy.
Jun 19, 2024•6 min
OpenAI is considering transitioning to a for-profit structure to give CEO Sam Altman more control, while retaining a core nonprofit mission. This change would mean the board of directors, currently part of the nonprofit structure, would lose authority over the new for-profit component.
Jun 18, 2024•6 min
Tesla is moving to Texas
Jun 17, 2024•8 min
In a stunning turn of events, SpaceX's Falcon 9 rocket aborted its launch just seconds after engine ignition on Friday, halting the deployment of 22 Starlink satellites. This dramatic scrub marks the third postponement for the mission amid adverse weather, leaving SpaceX to scramble for a new launch date while potentially disrupting its packed schedule, including the upcoming Astra 1P satellite launch.
Jun 17, 2024•8 min
In this week's "Elon Musk Weekly News Update," we dive into the latest headlines from Tesla, SpaceX, X (formerly Twitter), and Neuralink. Discover Tesla's newest electric vehicle advancements and how they're pushing the boundaries of innovation. Get the scoop on SpaceX's ambitious missions and future plans for space exploration. Stay updated on Neuralink's groundbreaking work in brain-machine interface technology. Plus, learn about the latest developments at X. It&#...
Jun 16, 2024•53 min
The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship"
Jun 15, 2024•14 min
Tesla (TSLA.O), shareholders approved CEO Elon Musk's $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping his focus on his biggest source of wealth.
Jun 14, 2024•49 min•Ep. 752
X's rollout of private likes for all users marks a significant shift towards enhancing user privacy and promoting authentic engagement on the platform. This change, alongside updated policies on adult content, reflects X’s broader strategy to create a safer, more inclusive digital environment.
Jun 13, 2024•6 min
The vote will determine Musk’s future role at Tesla and could influence the company’s direction amid ongoing challenges. Investors must weigh Musk’s potential departure against his leadership contributions and Tesla’s needs. The decision will shape Tesla’s path forward in the competitive electric vehicle market and its broader technology ambitions.
Jun 13, 2024•18 min
The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship"
Jun 12, 2024•16 min
The Boring Company’s Cybertunnel at Giga Texas exemplifies Elon Musk’s vision for integrated, innovative solutions across his enterprises. With the tunnel set to be operational by July 2024, it promises to enhance production efficiency and streamline logistics for Tesla's Cybertruck, while also showcasing the potential of TBC’s tunneling technology for various applications.
Jun 11, 2024•6 min
Tesla's shareholders will soon decide on Musk's $56 billion pay package, weighing the company's achievements against the criticisms of excessive compensation and Musk's numerous other responsibilities.
Jun 10, 2024•7 min
In this week's "Elon Musk Weekly News Update," we dive into the latest headlines from Tesla, SpaceX, X (formerly Twitter), and Neuralink. Discover Tesla's newest electric vehicle advancements and how they're pushing the boundaries of innovation. Get the scoop on SpaceX's ambitious missions and future plans for space exploration. Stay updated on Neuralink's groundbreaking work in brain-machine interface technology. Plus, learn about the latest developments at X. It&#...
Jun 09, 2024•52 min
SpaceX's fourth test flight of the Starship rocket marked an important milestone in the company's quest for reusable space travel. With each flight providing valuable data, SpaceX moves closer to achieving its goal of a fully reusable transportation system for missions to Earth orbit, the Moon, Mars, and beyond.
Jun 08, 2024•12 min
FULL FLIGHT! SpaceX Starship IFT4 #SpaceX #Starship #StarshipIFT4 Pad : OLP-1 Location : Starbase, Texas, USA Rocket : Starship Super Heavy Booster : 11 Ship : 29 The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship"
Jun 07, 2024•9 min
Elon Musk's AI startup, xAI, is gearing up to build the world's largest supercomputer in Memphis, Tennessee. This ambitious project, set to transform a former Electrolux facility, promises to be the biggest investment in the city's history. With potential tax incentives on the table, xAI aims to have the supercomputer operational by next fall, powering its AI chatbot, Grok. The announcement follows a successful $6 billion funding round, drawing top investors like Andreessen Horowitz ...
Jun 07, 2024•7 min
Investors are preparing for a decisive vote on Elon Musk's controversial $46 billion stock options package. With strong opinions on both sides, the future of Tesla’s leadership and governance hangs in the balance. Can Musk secure the backing he needs, or will shareholders demand tighter oversight?
Jun 06, 2024•8 min
Elon Musk, an influential entrepreneur, is the CEO of SpaceX and Tesla, Inc., and has played a crucial role in the advancement of electric vehicles, space exploration, and renewable energy. Born in South Africa, Musk emigrated to the United States and co-founded Zip2, an online city guide software, before venturing into the creation of X.com, which eventually became PayPal. His vision for space travel led to the establishment of SpaceX in 2002, which has since achieved numerous milestones, inclu...
Jun 05, 2024•11 min
The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship"
Jun 04, 2024•24 min
Elon Musk, an influential entrepreneur, is the CEO of SpaceX and Tesla, Inc., and has played a crucial role in the advancement of electric vehicles, space exploration, and renewable energy. Born in South Africa, Musk emigrated to the United States and co-founded Zip2, an online city guide software, before venturing into the creation of X.com, which eventually became PayPal. His vision for space travel led to the establishment of SpaceX in 2002, which has since achieved numerous milestones, inclu...
Jun 04, 2024•9 min
