Skip to main content

Elon Musk

See All Stories

Tesla (TSLA) shareholders shoot selves in foot, approve Musk $1T payday (upd.)

Elon Musk

Tesla shareholders have voted once again to approve an absurd, biggest-in-history pay package for Tesla’s part-time CEO, Elon Musk. In doing so, they’ve voted to relinquish any control they could have had over the company, and instead to put it deeper into the hands of its largest saboteur.

Update, Nov 7: Full voting results are out, discussed below.

Expand Expanding Close

Elon Musk’s $1 trillion pay day gets more ridiculous the more you look into it (upd.)

Elon Musk Tesla Money hero

Tesla, a company that prides itself on not advertising, is in the midst of a serious marketing effort. In doing so it’s exploiting employees, attacking shareholders, and retaining outside strategy firms to help it advertise.

It’s running these ads not to boost its falling sales, but rather to advocate for another unprecedented award for its CEO, which would keep the company stuck with him for years even as earnings drop precipitously under his direction.

(Update: This article, originally posted 10/18, has now been updated to acknowledge Musk’s comments this week on “corporate terrorism” and on his desire to “control” an “enormous robot army”)

Expand Expanding Close

Take Back Tesla urges pension funds to vote ‘no’ on Musk’s $1 trillion pay day

A new campaign is adding to the growing chorus of pushback against Tesla CEO Elon Musk’s absurdly large proposed $1 trillion pay package, this time led by unions and public interest groups. The campaign encourages individuals to get in contact with their pension or retirement funds and ask them to vote against Musk’s payday.

Expand Expanding Close

Elon threatens to rage quit Tesla if he doesn’t get his $1 TRILLION payday

Elon Musk implies that he’ll quit his part-time job as CEO of Tesla (TSLA) if he doesn’t get his $1 trillion pay package. On today’s episode of Quick Charge, I suggest GM’s Mary Barra should replace him, and explore some of the compelling EV deals out there looking to take a bite out of Elon’s market share.

Expand Expanding Close

Pension funds call to vote down Musk’s $1T pay package, replace Tesla board

Elon Musk Tesla Money hero

An investor group representing several large public pension funds has sent a letter urging Tesla shareholders to vote down Tesla CEO Elon Musk’s trillion-dollar pay package, and to replace all of the board members up for re-election, detailing its concerns about Tesla’s corporate governance and risk to long-term shareholder value.

Expand Expanding Close

Tesla’s in trouble, Elon gets a bonus, and Chevy wants to sell you a 1,000 mile EV

Tesla is in trouble, facing down hundreds of millions in fines on a single Autopilot wrongful death claim, accusations of covering up evidence, and plummeting sales in Europe, China, and the US. But, hey – that’s no reason to NOT give Elon a $29 billion bonus, right? Find out more on today’s troubling episode of Quick Charge!

Expand Expanding Close

‘Everything’s computer’ no more: Trump wants to sell his Tesla from that dumb ad

Not even three months ago, convicted felon Donald Trump and his largest funder, ketamine-fueled Tesla CEO Elon Musk, appeared together on the White House lawn, improperly using government resources to do a low-budget ad to help Tesla get out of the sales ditch that Musk has dug for it.

Now, amidst an explosive feud between the two narcissists that came to a head yesterday, it’s being reported that Mr. Trump wants to sell the object of that ad: his red Tesla Model S.

Expand Expanding Close

TSLA drops 14% as investors see corruption being priced out of Tesla stock

Tesla stock dropped over 50 points today, primarily in response to a very public feud between Tesla CEO Elon Musk and convicted felon Donald Trump.

But, as we pointed out in November, this doesn’t have anything to do with company performance, and rather only reflects a change in the market’s expectation of potential benefit to Tesla from government corruption.

Expand Expanding Close