Tesla CEO Elon Musk went on a podcast this week to express regret over the time he spent trying to destroy the American government, claiming that he wouldn’t do it again.
We’ve heard it before, that Elon Musk doesn’t want Tesla to ever make an electric motorcycle. But the polarizing CEO has taken to social media to explain why he still says it will never happen.
While everyone has been hyper-focused on Elon Musk’s latest “gaudy” pay package, the one the board just awarded him to compensate for the previous package canceled by a judge in Delaware is turning into a financial time bomb ticking that could blow up Tesla’s income statements.
In the morning after Tesla’s shareholder meeting, shares of the company dropped significantly on market open, likely signaling a selloff from reasonable investors who objected to a vote to retain and overpay its CEO, Elon Musk, who has been responsible for a drastic drop in sales and earnings.
At today’s Tesla shareholder meeting, Tesla CEO Elon Musk got right to the point in making his trademark ridiculous pronouncements, suggesting that criminals should be let out of prison and followed by a crime-preventing robot instead.
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.
Tesla shareholders will decide whether to give CEO Elon Musk a stock award that could be worth up to $1 trillion. But another proposal is up for a vote to refill Tesla’s employee stock option pool, and it’s only necessary because that pool was drained to give Musk a payday larger than any other CEO in the history of the world.
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”)
Tesla CEO Elon Musk managed to find a way to turn lobbying, which is typically one of the most efficient ways to spend money as a company, into a net revenue loser for his company – flipping the script again from a true “innovator” in the field of corporate destruction.
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.
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.
The two largest independent advisory firms, Institutional Shareholder Services and Glass Lewis, have both recommended a “no” vote on the proposed pay package for Tesla CEO Elon Musk, citing many concerns about shareholder dilution and other terms of the plan.
On today’s surprising episode of Quick Charge, Tesla had its first good sales quarter in a while as the EV tax credit expiration spiked demand, but a number of big shareholders still want Elon gone! Press play to find out why!
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.
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!
Tesla’s brand loyalty levels dropped from the best in the industry to fairly middling results, according to new data from S&P Global Mobility, and it’s all because of the company’s CEO, Elon Musk.
The McDermitt Caldera is an extinct supervolcano on the Oregon-Nevada border that, depending on who you believe, is loaded with enough lithium to power 600 million electric cars. It begs the question: who will control the $1.5 trillion dollar mineral deposit?
Elon Musk isn’t happy about Trump passing the Big Beautiful Bill and killing off the $7,500 EV tax credit – but there’s a lot more bad news for Tesla baked into the BBB. We’ve got all that and more on today’s budget-busting episode of Quick Charge!
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.
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.
When Tesla CEO Elon Musk publicly denied a report that Tesla had canceled its work on the $25,000 “Model 2” despite the project ending weeks prior, Tesla executives were “alarmed” by Musk’s public lie, according to a new report by Reuters.
Tesla is trying to use a piece of property in Australia, near Adelaide, in order to build a battery factory and Tesla showroom. But it’s facing steep opposition from locals, most of whom cite dissatisfaction with Tesla CEO Elon Musk as their reason to oppose the project.