Senator Bernie Sanders has strongly condemned Elon Musk’s recently approved $1 trillion compensation package at Tesla Inc., labeling it as “insanity” and calling for the immediate implementation of a billionaire tax. The package, which is the first of its kind in global corporate history, has been designed to motivate Musk’s performance by setting high targets that he must meet to receive any compensation.
Elon Musk Disputes SpaceX's $800 Billion Valuation and Potential IPO Plans
Elon Musk has pushed back against reports that SpaceX is seeking new funding at an $800 billion valuation. In a recent statement, Musk clarified that the rumors surrounding the valuation are not accurate.
Tesla Model Y Delivery Delays Extended to February 2026 Amid Slumping Demand
Tesla’s six-seater Model Y L, designed specifically for the Chinese market, has seen its delivery period extended until February 2026 due to declining sales in the region. According to Tesla’s official Chinese website, customers can expect a longer wait for their vehicles.
Elon Musk Hints at Unsupervised Tesla FSD, Potentially Allowing Texting and Driving
Elon Musk, CEO of Tesla Inc., has hinted at the possibility of unsupervised Full Self-Driving (FSD) capabilities, which could potentially allow drivers to text and drive. This announcement comes after an influencer, Teslaconomics, questioned whether the FSD v14 update permits texting and driving.
Unusual Trading Activity Detected in Tesla Options on December 02
Investors with significant capital have taken a bearish stance on Tesla. This unusual trading activity was detected through publicly available options history. The overall sentiment of these big-money traders is split, with 38% being bullish and 46% being bearish.
5-Year Tesla Stock Ownership: A Look Back at Potential Earnings
Tesla has demonstrated remarkable market performance over the past 5 years, outpacing the market by an annualized 3.49% and yielding an average annual return of 16.42%. With a current market capitalization of $1.42 trillion, Tesla’s growth is certainly noteworthy.
Elon Musk Reveals 3 Crucial AI Elements and Warns of Potential Insanity Due to Overemphasis: The Dangers of Forcing Artificial Intelligence
Elon Musk, CEO of Tesla Inc., has identified three crucial elements of artificial intelligence (AI) that he believes are essential for its development. In a recent conversation, Musk expressed his concerns about the potential dangers of AI, stating that powerful technology can be potentially destructive.
Elon Musk Envisions a Future Where People May Not Need to Work Due to AI and Robotics Advancements
Elon Musk, CEO of Tesla Inc., believes that the world is heading towards a future where traditional employment becomes obsolete. This shift is driven by the rapid progress in artificial intelligence and robotics, which is fundamentally reshaping the global economy.
Tesla Expands Custom Chip Production with New AI and Chip Engineer Hiring Spree
Tesla is embarking on a significant expansion of its custom chip production capabilities, with a focus on artificial intelligence applications. The company is hiring silicon module process engineers across various disciplines, including lithography, etch, deposition, epitaxy, metals, implant, polish, and metrology and inspection. This move signals Tesla’s push towards independent, high-volume production of custom chips for AI applications.
Elon Musk Nears $1 Trillion Tesla Milestone: Cause for Shareholder Concern?
Elon Musk, the CEO of Tesla Inc., has been awarded a historic $1 trillion pay package, marking a first in global corporate history. This compensation plan, approved by Tesla shareholders earlier this month, has sparked debate about its potential implications for the company and its shareholders.