Elon Musk

Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’

With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee that put the compensation proposal […]

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xAI reportedly lays off 500 workers from data annotation team

Elon Musk’s AI startup xAI laid off 500 team members on Friday night, according to internal messages viewed by Business Insider. These emails reportedly announce an immediate “strategic pivot,” with the company deciding to  “accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles.” “As

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Tesla’s robotaxi plans for Nevada move forward with testing permit

Armed with a new permit from the state’s Department of Motor Vehicles, Tesla is preparing to begin testing its autonomous vehicle technology on public streets in Nevada. The testing permit, which was first noted by Tesla influencer Sawyer Merritt, comes two months after CEO Elon Musk outlined the company’s plans to take its autonomous vehicle

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Musk’s $1T pay package is full of watered-down versions of his own broken promises

Tesla has proposed a massive new $1 trillion compensation package for its CEO Elon Musk, and many of the benchmarks he needs to hit are simply watered-down versions of promises he’s spent years making about the company. That’s not the picture Tesla’s board of directors paints in the company’s annual proxy statement, where they revealed

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Tesla shareholders to vote on investing in Musk’s AI startup xAI

Tesla shareholders will soon vote whether to let the electric vehicle maker invest in Elon Musk’s AI startup xAI, a proposal pitched as a way to strengthen Tesla’s ambitions in AI, robotics, and energy.  Listed in Tesla’s proxy statement alongside a company-backed push to raise Musk’s 10-year pay package to $1 trillion, the proposal comes

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xAI’s CFO is the latest executive to leave Elon Musk’s AI firm

Mike Liberatore, xAI’s chief financial officer, has left the company, according to reporting from The Wall Street Journal. This marks the latest in a string of high-profile executive departures.  The former Airbnb executive joined the company in April and left around the end of July, per WSJ. While at xAI, he helped orchestrate the company’s

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xAI’s CFO is the latest executive to leave Elon Musk’s AI firm

Mike Liberatore, xAI’s chief financial officer, has left the company, according to reporting from The Wall Street Journal. This marks the latest in a string of high-profile executive departures.  The former Airbnb executive joined the company in April and left around the end of July, per the WSJ. While at xAI, he helped orchestrate the

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Tesla’s fourth ‘Master Plan’ reads like LLM-generated nonsense

Tesla has published its fourth so-called “Master Plan,” and at a high level it is about how the company wants to lead the charge into planet-wide adoption of humanoid robots and sustainable energy. But the post lacks an important building block of plans: specifics. Even CEO Elon Musk agrees. In one of his only posts

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