Tesla pushes for $56bn pay deal for Elon Musk
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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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Elon Musk launches Starlink satellite internet service in Indonesia, world's largest archipelago
The billionaire arrived by private jet on the idyllic “island of the gods.”ABC News - Tech - Elon Musk -
Uber and Lyft Driver Pay Deal Approved in Minnesota
The state legislature ends the rideshare companies' high-stakes game of chicken and signs off on a package that will raise driver pay and keep the companies from leaving Minneapolis.Inc. - Business -
Brighton pushing to seal deal for Ipswich manager Kieran McKenna
Club face competition from Chelsea and Manchester UnitedRobert De Zerbi left Amex Stadium by mutual consentBrighton are pushing to complete a deal to appoint Kieran McKenna as Roberto De Zerbi’s replacement, but they still face competition from ...The Guardian - World -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
DFL leaders, Gov. Tim Walz say they have a deal to pay drivers more, keep Uber and Lyft operating in Minnesota after threats to exit
Lawmakers on Saturday night came to a last minute deal to keep the rideshare companies, Uber and Lyft, in the state.CBS News - Top stories -
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 -
Who pays for long-term care?
People are confused and overestimate Medicare’s role in paying for long-term careMarketWatch - Business -
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 -
Protesters vow to keep up pressure on Tesla as it expands German gigafactory
Town of Grünheide approved the US automaker’s plan on Thursday to double the capacity of the site, despite opposition. Environmental protesters vowed to keep up the pressure on Tesla after failing to stop plans by Elon Musk’s company from ...The Guardian - World - Tesla -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Damage Control for Tesla as European Leasing Companies React to Falling Fleet Values
Major car rental firms and leasing firms have complained about Tesla's servicing and repairs for years.Inc. - Business -
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 -
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 -
Trump pays close attention to Cohen cross-examination
Former President Donald Trump appears attentive in court as his defense team questions his former attorney Michael Cohen. Cohen already testified against Trump in the "hush money" criminal trial in New York. CBS News' Errol Barnett and Katrina ...CBS News - Top stories - Donald Trump -
Linklaters raises junior lawyer pay to £150,000
‘Magic circle’ firm matches Freshfields’ recent move as talent war heats upFinancial Times - Business -
Three Illinois cities will pay you thousands to move there
At least three cities in Illinois are offering to pay people thousands of dollars to move there. Under certain conditions, of course.The Hill - Politics -
'I will be paying my mortgage until I’m 68'
With more young homebuyers opting for ultra-long mortgages, we hear from people about their personal experiences.BBC News - Top stories -
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Sources: Anunoby, Hart pushing to make Game 7
OG Anunoby believes there's a real opportunity he'll return for Game 7, and Josh Hart will do everything within his power to try to play on Sunday, sources told ESPN.ESPN - Sports -
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Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
Biden speaks with Johnson and McConnell to push for border bill
President Biden on Monday talked with Speaker Mike Johnson (R-La.) and Senate Minority Leader Mitch McConnell (R-Ky.) as the White House pushes for a vote on a bipartisan border security bill in the Senate. The White House in a statement said ...The Hill - Politics - Joe Biden -
Angry Tesla Owners Will Take EV Maker to Court Over Self-Driving Autopilot Claims
A judge declined to throw out the class action suit against Tesla brought by buyers who said the company's self-driving tech forecasts were misleading.Inc. - Business - Tesla