Tesla shareholders advised to reject Musk’s $56 billion pay
Proxy advisory firm Glass Lewis said Saturday it has urged Tesla shareholders to reject a $56 billion compensation package for CEO Elon Musk that, if passed, would be the largest ever for a CEO of a U.S. company. The report cited the “excessive size” of compensation agreements, dilutive effects upon exercise and concentrated ownership as […]
Tesla shareholders urged to reject reinstating Elon Musk’s $56B pay package
Jeff Sica of Circle Squared Alternative Investments weighed in on big tech earnings at Varney & Co. and spoke about Tesla stock. Tesla shareholders are expected to vote on reinstatement this week CEO Elon Musk A $56 billion compensation package that was invalidated by a Delaware judge earlier this year is being urged to be […]
China Debuts Rival to Elon Musk’s Neuralink Brain Chip
Chinese state media on Tuesday touted the emergence of a Chinese-made rival to Elon Musk’s Neuralink technology, an implantable brain chip that would allow humans to directly connect with electronic devices. It’s from China, Global Times out of breath Overhyped The China Brain Science Institute’s “New Cyber” chip is being called the “Chinese version of […]
FDA OK’s Elon Musk’s Neuralink to implant brain chip into second patient
The Food and Drug Administration is expected to allow Elon Musk’s brain chip company Neuralink to implant its device in a second patient as early as next month, according to reports. The federal agency appears satisfied with Neuralink’s proposal to correct an error reported in Neuralink’s first patient, 30-year-old Noland Arbaugh. Noland Arbaugh is a […]
Elon Musk’s Tesla Committed Fraud by Misrepresenting Self-Driving Capabilities
A federal judge has ruled that Elon Musk’s Tesla must sue for fraud by misrepresenting the self-driving capabilities of its vehicles. ars technica report In a recent ruling, U.S. District Judge Rita Lin for the Northern District of California ruled that California resident Thomas Rosavio’s lawsuit against Tesla can proceed on fraud charges. The lawsuit, […]
Elon Musk’s Neuralink reportedly suffered brain-chip issues before problem with human implant
Neuralink revealed last week that a tiny wire in its first patient’s brain had pulled out of its place, a problem Elon Musk has known about for years. Five people familiar with the matter said. Three people familiar with the matter said the company knew from animal studies it conducted ahead of last year’s U.S. […]
Elon Musk’s Tesla hiring back some on Supercharger team he fired weeks ago: report
Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla has reportedly put some of its recently laid-off Supercharger employees back to work, mitigating some of the division’s drastic downsizing. bloomberg reported on Monday The company cited anonymous sources with “familiar knowledge” of efforts by Elon Musk’s electric […]
Elon Musk’s X/Twitter Wins Court Reprieve Against Australian Censorship of Church Stabbing Video
Elon Musk’s social media platform X/Twitter on Monday won a court stay in its fight against Australian government censorship of a video of a stabbing inside a Sydney church. A federal judge has rejected a bid by Australia’s online watchdog eSafety Commissioner to extend an injunction to remove an X/Twitter post showing a monk being […]
Elon Musk’s xAI could be valued at higher-than-expected $20B as investor demand surges: sources
Elon Musk’s new AI startup could receive a higher-than-expected valuation of $20 billion in its first funding round, with investor demand surging as the process nears completion, the post says. I got it on paper. Musk’s xAI (which powers the sneaky Grok chatbot) could raise $7 billion to $8 billion at its lofty valuation as […]
How Elon Musk’s Neuralink built first ever human brain implant
Neuralink, the brainchip company co-founded by Elon Musk, is using an implant that allows paralyzed people to control themselves remotely with their heads, with the hope that the device could one day help restore motor function. There is. This innovative technology relies on a coin-sized implant known as a “link” that records and decodes nerve […]