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Musk’s legal battle for his $56bn goes on. Tesla’s board still looks supine | Nils Pratley
The craven stance of Tesla’s board should not be lost in the legal back-and-forth. The first time around, judge Kathaleen McCormick of the Delaware court of chancery got it right. The $56bn pay ...The Guardian - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
Khanna: Excluding Musk, Tesla from California EV credits 'just foolish'
Rep. Ro Khanna (D-Calif.) criticized California for a recent proposal that would cut Tesla out of receiving electric vehicle (EV) credits during a Tuesday appearance on CNBC. “California having ...The Hill - Dec. 3 -
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Driver begs for forgiveness amid 25-year sentence for DUI crash that killed bride on wedding day
A South Carolina judge on Monday handed down a 25-year sentence to the drunk driver who hit and killed a bride on her wedding night in 2023. CBS News correspondent Skyler Henry has more on the ...CBS News - Dec. 3 -
Judge reaffirms ruling invalidating massive Tesla pay package for Musk
A Delaware judge on Monday again blocked Elon Musk’s multibillion-dollar pay package from Tesla. The controversial compensation agreement, which is now worth more than $100 billion, was reapproved ...The Hill - Dec. 3 -
Can we keep the Elon Musks of the world out of British politics? Only if we act now | Oliver Bullough
The tech billionaire is said to be considering giving $100m to Reform UK. That should jolt efforts to cap political donations. It is an inevitable consequence of the inequality inherent to the ...The Guardian - Dec. 3 -
Delaware Judge Upholds Ruling That Denied Musk Massive Tesla Pay Package
Chancellor Kathaleen St. Jude McCormick cited ‘multiple, material misstatements’ in a company proxy statement as she reaffirmed earlier rulings scrapping the CEO’s $56 billion compensation award.Inc. - Dec. 3 -
Will Elon Musk Ever Collect His Full Tesla Pay Package?
The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul’s massive compensation deal for a second time.The New York Times - Dec. 3 -
Nigeria’s radical idea for car owners facing soaring petrol prices
The government is encouraging citizens to convert their vehicles to run on compressed natural gasFinancial Times - Dec. 3 -
Driver finds highly venomous snake "slithering up her leg"
Tiger snakes, named after their colored stripes, are among the most venomous snakes in the world, according to the state's wildlife department.CBS News - Dec. 3 -
Bottom Line: Lynch lobbies up as he eyes Nord Stream 2
Oil and gas American investor Stephen Lynch hired Wilmer Cutler Pickering Hale and Dorr LLP to lobby on commodity and energy transit infrastructure days before The Wall Street Journal reported he ...The Hill - Dec. 3 -
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.The New York Times - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Migrants brought to UK from remote military island
Their journey to the UK marks the end of years of complex legal battles.BBC News - Dec. 3 -
Musk's record $56bn pay deal rejected for second time
The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.BBC News - Dec. 3 -
UK regulator opens door to Shein London listing
Financial Conduct Authority values disclosure over ‘corporate behaviour’, says Nikhil RathiFinancial Times - Dec. 3 -
Musk's Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.The Wall Street Journal - Dec. 2 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Amazon's driver program faces criticism over safety issues
The holiday shopping season is now in full swing, with shoppers expected to spend more than $13 billion before Cyber Monday is over. Amazon expects to deliver millions of packages in the next few ...CBS News - Dec. 2 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3 -
Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - Dec. 3 -
Elon Musk’s $56bn Tesla pay package rejected again by US judge
Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate it. A judge ruled on Monday that Tesla chief executive Elon Musk is still not ...The Guardian - Dec. 2 -
Judge rejects Elon Musk request to reinstate his $56 billion pay package
Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.CBS News - Dec. 2 -
A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package
A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay packageABC News - Dec. 2 -
South Carolina driver gets 25 years for DUI crash that killed bride, injured groom on wedding day
A South Carolina woman charged with drunkenly plowing into a newlywed couple’s golf cart, killing the bride and seriously injuring the groom on their wedding day, was sentenced Monday to 25 years ...NBC News - Dec. 2 -
Scottie Pippen Mocked for Post About Elon Musk on the Bulls
Scottie Pippen, a basketball star turned crypto fanatic, posted about how many championships Chicago would have won with Mr. Musk. The answers weren’t kind.The New York Times - Dec. 2 -
Tesla’s stock surges after self-driving software update, new Street-high target
Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.MarketWatch - Dec. 2 -
Drivers for Spanish food delivery app Glovo will become full-time employees
Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company announced that it was moving to an employment-based modelABC News - Dec. 2 -
New Yorkers braced for congestion charge
The city’s drivers are facing the spectre of paying to use the roads of lower ManhattanFinancial Times - Dec. 2 -