Tesla asks shareholders to vote again on Musk's $56 billion payout
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Group of Tesla shareholders ask investors to vote against Musk's compensation package
They say it’s not in the electric vehicle maker’s best interest.ABC News - Top stories - Tesla -
Tesla Shareholder Group Calls for Vote Against Musk Pay Package
The letter calls for shareholders to reject the re-election of two directors, Kimbal Musk and James Murdoch.The Wall Street Journal - World - Tesla -
Elon Musk’s Tesla pay package assailed by shareholder group
New York City’s investment chief and other key investors are urging Tesla Inc. shareholders to vote against Chief Executive Elon Musk’s $56 billion pay package and the reelection of board directors Kimbal Musk and James Murdoch.MarketWatch - Business - Tesla -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - World - Tesla -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
Schumer Announces Senate Will Vote Again on Border Bill
The bipartisan border enforcement compromise, blocked by Republicans in February, is all but certain to be thwarted again. Democrats aim to tag the G.O.P. as the culprit in its failure.The New York Times - Top stories - Senate -
Tesla’s chair on Elon Musk: ‘I might wake up to a tweet. I don’t wake up to a strategy shift’
Robyn Denholm rejects criticisms of carmaker’s governance ahead of landmark votes on Musk’s pay and Texas moveFinancial Times - Business -
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Power conferences, NCAA to vote on landmark $2.7 billion settlement as smaller leagues balk at terms
University presidents around the country are scheduled to meet this week to vote on whether to accept a proposed settlement of an antitrust lawsuit that would cost the NCAA nearly $3 billionABC News - Sports -
Staind founding drummer Jon Wysocki dies at 56
Jon Wysocki, whose legacy encompasses mainstream and independent hard rock, has died. He was a founding member of Staind.Los Angeles Times - Entertainment -
2024 PGA Championship prize money, purse: Payouts for Xander Schauffele, golfers from $18.5 million pool
This year's purse represents the largest in PGA Championship historyCBS Sports - Sports -
Saying goodbye to season 56 — and to a man who made 60 Minutes better for 35 years
Tonight, 60 Minutes says thank you to Frank Devine: a senior producer who's retiring after making our show better for 35 years. And thank you to viewers for watching our 56th season.CBS News - Top stories -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Tesla’s Controversial Factory Expansion Is Approved
After anti-Tesla activists clashed with police in Germany last week, local councillors today backed Elon Musk’s plan to make Tesla’s only European Gigafactory even bigger.Wired - Tech -
Musk's X Completes Rebranding Away From Twitter
The social-media platform’s URL is now X.com, about a year and a half after Elon Musk completed his $44 billion acquisition of Twitter.The Wall Street Journal - World - Elon Musk -
Musk's X Completes Rebranding Away From Twitter
The social-media platform’s URL is now X.com, about a year and a half after Elon Musk completed his $44 billion acquisition of Twitter.The Wall Street Journal - Tech - Elon Musk -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - World -
Shell urged to clarify climate targets as it braces for shareholder rebellion
NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM. Norway’s state investment fund has urged Shell to clarify its climate targets as the oil group braces for its biggest ever green ...The Guardian - World - Climate -
Boeing shareholders re-elect departing CEO Calhoun to board
New board chair Steve Mollenkopf said he has sought feedback on Calhoun's successor from investors and Boeing customers.CNBC - Business -
BlackRock funds are ‘crushing shareholder rights,' says activist Boaz Weinstein
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.CNBC - Business -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - Business -
What’s BlackRock Without Larry Fink? Shareholders Fret About Future.
Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its chief executive retires.The New York Times - Business -
Top Anglo shareholder backs break-up plan as clock ticks for BHP
Legal & General says it is confident Anglo’s management can deliver as miner fends off interest from larger rivalFinancial Times - Business -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Edinburgh’s Time Ball Will Fall Again
The time signaling device, which hasn’t been operating in recent years, is being restored as part of the renovation of a Calton Hill monument.The New York Times - Lifestyle -
Disneyland Characters Vote to Unionize
Costumed actors and parade performers approve an effort to join Actors' Equity by a wide margin.Inc. - Business -
The race to be China’s Tesla has an unexpected leader
Charging infrastructure will become an increasingly important factor in winning over EV buyersFinancial Times - Business - China -
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
About two-thirds of US companies are incorporated in the small, mid-Atlantic stateFinancial Times - Business - Elon Musk -
A Legal Scholar Critiqued Elon Musk's Pay. Now He's Out of a Job.
Tesla threatened to fire a law firm over Charles Elson’s objections to the CEO’s proposed pay package, an email suggests.The Wall Street Journal - Business -
Elon Musk confirms Twitter's transformation is complete. It's now X.com.
Twitter has fully migrated over to X.com, owner Elon Musk says. Although the logo and branding had already changed to "X," the domain name was still Twitter.com.CBS News - Top stories - Elon Musk -
Musk, Bezos, Zuckerberg and other tech titans stand in the way of the common good
What better lesson in inequality is there today than that of the extraordinary rise of the tech titans, who have harnessed technology to accumulate unimaginable wealth and power and yet prevented it from benefitting the common good?MarketWatch - Business -
How a smear campaign against NPR led Elon Musk to feud with Signal
Rightwing media personalities on X transmuted a screed against NPR’s CEO into a fight over encryption via the Transitive Property of Bad People. For nearly two weeks, an esoteric debate has raged on X, formerly Twitter: could users concerned about ...The Guardian - World - Elon Musk -
Elon Musk debuts Starlink satellite internet service in Indonesia
Elon Musk traveled to Bali this weekend to officially launch Starlink, the SpaceX satellite internet service, in Indonesia this Sunday. At a launch event with ministers in a health clinic in Indonesia, Musk stressed the significance of providing ...The Hill - Politics - Elon Musk -
Musk Effect Drives Spread of Supersize CEO Pay Packages
Elon Musk didn’t just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay.The Wall Street Journal - World - Elon Musk -
Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk
Indonesia’s top investment official says the government has proposed building an electric vehicle battery plant to Tesla CEO Elon MuskABC News - Tech - Elon Musk -
Elon Musk's Neuralink Gets FDA Green Light for Second Patient
The brain-chip startup has proposed solutions for a thread pullout problem experienced by its first participant, Noland Arbaugh.The Wall Street Journal - Tech - Elon Musk -
Hunter Biden attorneys ask for delay in tax case
Hunter Biden’s attorneys have asked the judge overseeing his tax case in California to delay the trial, which is set for June, until September or later. Earlier this week, Biden lost his attempt to delay his federal gun trial in Delaware, with the ...The Hill - Politics - Joe Biden