Elon

Elon Musk Dropped the Name of a Possible Chip Partner for Tesla Last Night

Elon Musk Dropped the Name of a Possible Chip Partner for Tesla Last Night

Key Takeaways Elon Musk said Tesla would need a “gigantic” semiconductor fabrication plant to support its AI ambitions and that he’s considering working with Intel to make new chips. Such a deal would likely boost Intel’s stock and sentiment around its trajectory. It could also buy some political goodwill for Tesla. After a string of […]

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Elon Musk Got His $1 Trillion Pay Package. Now Tesla’s Moonshot Goals Are In Focus.

Elon Musk Got His $1 Trillion Pay Package. Now Tesla's Moonshot Goals Are In Focus.

Key Takeaways Tesla shareholders yesterday approved a pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock hit certain goals. One of the pay plan’s performance targets is to expand Tesla’s stock market valuation to $8.5 trillion from its current $1.4 trillion. Tesla shareholders showed up for

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Tesla Voters Backed Elon Musk’s Big New Pay Package Today

Tesla Voters Backed Elon Musk's Big New Pay Package Today

Key Takeaways A big vote on Elon Musk’s pay landed today, with the company reporting that over 75% of voters approved a proposal that could make him a trillionaire. Prediction markets bettors across Polymarket, Kalshi, and Robinhood showed near-certain probabilities that shareholders approve Musk’s pay package. The fate of Tesla—or, at least, the answer to

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This Week’s Vote on Elon Musk’s Pay Could Determine ‘The Future of Tesla’

This Week's Vote on Elon Musk's Pay Could Determine 'The Future of Tesla'

Key Takeaways The electric vehicle company has launched a media blitz, asking shareholders to approve a trillion-dollar pay package for its CEO or risk losing him. Another proposal, with a vote due this week, asks for board authorization to invest in xAI, the Musk-founded company that developed AI-assistant Grok and owns social media platform X.

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Tesla Just Offered Elon Musk $1 Trillion. Here’s What It Could Mean for the Company.

Tesla Just Offered Elon Musk $1 Trillion. Here's What It Could Mean for the Company.

The world’s richest person could find himself much, much richer if he achieves the board’s proposed long-term goals. It hasn’t been the best year for Tesla (TSLA 0.15%) so far, with the stock down over 8% through Sept. 8 (the worst-performing of the “Magnificent Seven” stocks). Part of this has to do with the company’s

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A Texas Congressman is Quietly Helping Elon Musk Pitch Building $760M Tunnels Under Houston to Ease Flooding

How Hurricanes, Fires and Floods Put Drugs and Medical Supplies at Risk

The devastating flooding in Houston caused by Hurricane Harvey in 2017 killed dozens of people, inundated hundreds of thousands of homes and left the community desperate for a solution. Since then, local flood experts have extensively studied the possibility of a multibillion-dollar tunnel system across Harris County. Studies have focused on the construction of pipelines,

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