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Tesla ordered by judge to turn over documents related to Elon Musk"s $55 billion compensation plan

A shareholder lawsuit argued Musk's pay plan wasted corporate.....»»

Category: topSource: businessinsiderMay 3rd, 2021

Elon Musk tweeted then deleted an anti-vaccine cartoon featuring Bill Gates. Here"s where their simmering feud began and how it"s escalated amid the pandemic.

While the Microsoft billionaire and the Tesla titan have never had a particularly cozy relationship, things have heated u.....»»

Category: topSource: businessinsiderApr 12th, 2021

SpaceX is betting big on its UK Starlink rollout, and is in talks to become part of the government"s $6.9 billion "Project Gigabit" plan for rural internet

UK officials have confirmed that SpaceX's Starlink was being considered for getting internet to hard-to-reach communities. Elon Musk's Starlink internet is spreading fast across.....»»

Category: worldSource: nytMar 23rd, 2021

MicroStrategy CEO Michael Saylor says his casual Twitter exchange with Elon Musk back in December prompted Tesla to buy bitcoin

A little over a month after their casual chat, Tesla revealed its biggest bitcoin endorsement to date and announced its $1.5 billion bitcoin bet. MicroStrategy/YouTube/Mario Tama/Getty Images Tesla's bitcoin bet may have been i.....»»

Category: personnelSource: nytMar 22nd, 2021

Billionaire Elon Musk thinks crypto exchange Coinbase should begin to trade dogecoin

Musk's Tesla had used Coinbase to buy $1.5 billion worth of bitcoin last month, but the platform does not support dogecoin trading yet. Tesla CEO Elon Musk. Hannibal Hanschke-Pool/Getty Images Crypto exchange Coinb.....»»

Category: topSource: businessinsiderMar 15th, 2021

Democrats unveil an ultramillionaire tax on the top 0.05% of American households

The bill places a 2% annual tax on households with net worths between $50 million and $1 billion an.....»»

Category: topSource: businessinsiderMar 1st, 2021

Elon Musk and Bill Gates have sparred over everything from the coronavirus to electric cars. Here"s where their simmering feud began and how it"s escalated amid the pandemic.

While the Microsoft billionaire and the Tesla titan have never had a particularly cozy relationship, things have heated up over the past year. Elon Musk and Bill Gates. Susan Walsh/AP; Mike Cohen/Getty Images for The New York.....»»

Category: smallbizSource: nytMar 1st, 2021

Bill Gates Almost Admitted That He Was Shorting Tesla

Tesla CEO Elon Musk accused billionaire philanthropist Bill Gates of shorting his company. The Microsoft co-founder has dodged the question in the past, but more recently, he came close to admitting that he did have a short position in the automa.....»»

Category: blogSource: valuewalkFeb 24th, 2021

Bill Gates says he"s not bullish on bitcoin as it uses "a lot of energy" - and warns people who aren"t as rich as Elon Musk against buying into the boom

According to the billionaire, bitcoin uses a lot of energy and causes trouble for investors who buy into it that may not have mu.....»»

Category: topSource: businessinsiderFeb 23rd, 2021

$30M in six months? Elon Musk"s Miami tunnel idea "a logistical challenge," experts say

Miami's last big tunnel project took four years and $1 billion to complete. Musk told Miami Mayor Francis Suarez his Boring Co. tunnel plan would cost significantly less......»»

Category: topSource: bizjournalsFeb 16th, 2021

Democrats propose $50 billion in small business aid as part of larger pandemic relief plan

The House Small Business Committee bill included $25 billion for restaurant aid and $7.5 billion in additional Paycheck Protection Program funding. Velazquez has been instrumental to helping business owners and specifically, ent.....»»

Category: personnelSource: nytFeb 9th, 2021

Elon Musk fires back at Waymo"s CEO after he said Tesla was "no competitor at all"

Earlier this year, Waymo dropped "self-driving" from its vocabulary, saying "some automakers use the term in an inaccurate way." Patrick Pleul/picture al.....»»

Category: dealsSource: nytJan 25th, 2021

"This seems like genocide": Billionaire investor Bill Ackman slams delays in getting the COVID vaccine to the elderly

Ackman tweeted "If Elon Musk can.....»»

Category: dealsSource: nytJan 5th, 2021

"This seems like a genocide": Billionaire investor Bill Ackman slams delays in getting the COVID vaccine to the elderly

Ackman tweeted "If Elon Musk can.....»»

Category: worldSource: nytJan 5th, 2021

Elon Musk"s net worth quintupled in 2020 during the pandemic. We broke his complicated $160 billion wealth down into 2 simple charts.

Financially speaking, nobody had a better year than Elon Musk. Here's how the billionaire's coffers fared in 2020, and why. Pool/Getty Images Perhaps nobody had a better year, financially speaking, than Tesla and Space.....»»

Category: dealsSource: nytDec 30th, 2020

The omnibus spending bill Congress passed includes unexpected provisions like $2 billion for the Space Force, $35 million in sexual-abstinence programs, and a tax break for racehorse owners

Congress passed a $1.4 trillion spending bill and a $900 billion COVID-19 stimulus plan on Monday following months of back-and-forth negotiati.....»»

Category: personnelSource: nytDec 22nd, 2020

Bill Gates has been unseated as the world"s second-richest person. Here"s how he spends his $129 billion fortune, from a luxury-car collection to incredible real estate.

Bill Gates is now the world's third-richest person, thanks to Elon Musk. But he's still one of three people with a net worth over $100 billion......»»

Category: topSource: businessinsiderDec 14th, 2020

Elon Musk sent a thank-you note to Tesla"s workers returning to work — but some employees fear for their jobs if they don"t go back

REUTERS/Aly Song/File Photo Elon Musk sent an email thanking Tesla staff for returning to work. The billionaire re-opened Tesla's Fremont, Califor.....»»

Category: topSource: businessinsiderMay 13th, 2020

Elon Musk just hit a key milestone on his path to a $55 billion payday — here"s how his elaborate Tesla compensation plan works

Getty Images The average value of Tesla's stock over the last six months hit $100 billion after Monday's market close. That means CEO Elon Musk could soon receive the first.....»»

Category: topSource: businessinsiderMay 5th, 2020

Elon Musk admits Tesla"s plan for a million-strong robotaxi network may not happen this year after all (TSLA, UBER)

Brendan Smialowski / AFP via Getty Images Elon Musk set a lofty goal last year: 1 million Tesla robotaxis by the end of 2020.  But on Wednesday, the billionaire softened his tone.  "Punctuality is not my strong suit, but I always come through.....»»

Category: topSource: businessinsiderApr 30th, 2020