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The Latest Breaking News from Elon Musk

Shareholders OK With Soaring Executive Pay In US

Executive salaries at major US corporations are soaring -- but shareholders happy with stock prices and greater transparency over remuneration are not pushing back.

International Business Times

Buzz On EVM Again: Elon Musk posts, Akhilesh Yadav reacts

SP Chief Akhilesh Yadav said we reiterate our demand to conduct all the upcoming elections through ballot papers. Must follow the story on Dynamite News:

Dynamite News

How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs

Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk’s record-setting Tesla compensation dwarfs them by comparison

The Independent UK

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Cathie Wood's stunning new $2,600 Tesla prophecy and Wall Street's Nvidia stock prediction share an often overlooked investing truth

Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.

Fortune

Doctor Who: The Legend of Ruby Sunday review – Theresa May’s awkward dance enters the Whoniverse

This hokey, OTT episode, which references Elon Musk and the former PM, could go down well with hardcore Whovians… but will it alienate Gen Z?

The Independent UK

Dow Jones Futures Fall: Apple, Nvidia, Microsoft Vie For Crown; How To Handle A Split Market Rally

Apple, Nvidia, Microsoft fueled the Nasdaq, but the market is increasingly split. Tesla has a new base, with caveats. Meta is among seven actionable stocks.

Investors Business Daily

Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors

The European Commission and the U.S. recently levied new tariffs on Chinese EVs.

Fortune

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Apple insists its ChatGPT tie-up will protect users’ privacy: here are the questions it must answer first

Apple, a company known for its longstanding commitment to user privacy, has received flak since unveiling its artificial intelligence (AI) strategy at its Worldwide Developers Conference on June 10. This relates to the centrepiece of Apple Intelligence, which gives users access to OpenAI’s powerful generative AI tool, ChatGPT.

The Conversation

Elon Musk Says Optimus Will Make Tesla Worth Half Of The Entire S&P 500

Plus, automakers are worried about high new car inventory, and Stellantis doesn't want to be protected by EV tariffs.

InsideEVs

Assassin's Creed Shadows executive producer says Elon Musk is just 'feeding hatred' with his reaction to the game's Black protagonist

Musk claimed that the use of the historical figure was part of an initiative that "kills art".

PC Gamer

Tesla Shareholders Approve Musk's B Pay Package And Texas Move

Tesla shareholders vote to reinstate Elon Musk's billion pay package and change incorporation to Texas, despite legal challenges.

Top News

Stock Market Hits Highs; Tame Inflation, Fed Meeting, Apple, Broadcom, Oracle, Tesla: Weekly Review

The Nasdaq and S&P 500 hit record highs on tame inflation and as Apple, Broadcom and Oracle soared on news. But the stock market gains were narrow.

Investors Business Daily

Tesla's New Version Of 'Full Self-Driving' Is Better, But Flawed

Sometimes FSD 12.4.1 drives like a skilled professional. In other instances, it would fail a driving test.

InsideEVs

Analysts reset Tesla stock outlooks after Musk’s $56 billion win

'Hot damn, I love you guys,' Musk told investors after they overwhelmingly approved a controversial $55.8 billion pay deal.

The Street

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The Guardian - US

Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts

Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package

Windows Central

Elon Musk drops case against OpenAI and Sam Altman but without prejudice

Elon Musk has dropped the case against OpenAI and Sam Altman. He requested the dismissal of the suit without prejudice.

The Independent UK

Naomi Klein blasts ‘conspiracy theorist in chief’ Trump as she wins Women’s Prize for Non-Fiction

Exclusive: ‘His lawlessness is part of his brand,’ the author said

The Guardian - UK

French bonds and stocks rocked by political turmoil – as it happened

Rolling coverage of the latest economic and financial news

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Evening Standard

Elon Musk dances with joy as Tesla shareholders restore his £35billion pay package

‘It’s incredible,’ a jubilant Musk told the crowd gathered at Tesla’s headquarters and factory in Austin, Texas

International Business Times UK

Shareholders Approve Elon's $56B Pay But He Won't Get The Money Just Yet - Here's Why

Tesla shareholders approved Musk's $45 billion pay, but legal disputes linger. Judge's ruling on board independence and fairness unresolved.

The Independent UK

Stock market today: Asian shares mixed after AI hopes nudge Wall St to records. BOJ stands pat

Asian shares are mixed after Wall Street’s continued frenzy around artificial-intelligence technology nudged indexes on Wall Street to more records

The Guardian - UK

Friday briefing: The ins and outs of Labour’s unspectacular manifesto

In today’s newsletter: Keir Starmer stood on a platform for change when launching his party’s document for winning the election. But how much is being promised by Labour’s manifesto?

International Business Times

Tesla Shareholders Back Huge Payout For CEO Musk, Company Says

Legal experts say that Thursday's vote does not automatically mean Musk will receive the payout, but that the win could strengthen Tesla's appeal of the Delaware ruling. Tesla shares rose 0.7 percent in after-hours trading.

Al Jazeera

‘I love you guys!’: Elon Musk lands $44.9bn pay deal after Tesla vote

Musk hails ‘awesome shareholder base’ after vote to restore compensation deal rejected by US judge.

The Street

Elon Musk’s X threatens laid off employees over a major mistake

Social media platform X, which is operated by Elon Musk, has sent out a stern warning to a group of former employees.

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