Elon Musk Tesla

Elon Musk's Tesla compensation totals reaches $158 billion for 2025

Tesla reported the 2025 total in a regulatory filing Thursday, almost six months after more than 75% of voting shares supported the chief executive officer's massive stock award

Elon Musk drops fraud claims against OpenAI, Altman ahead of trial

US District Judge agreed to Musk's request to 'streamline' the case, leaving just two claims to proceed to trial of the 26 included in his November 2024 complaint

Tesla boosts spending plan to $25 billion amid Musk's AI, robotics push

The investments will be put toward a dramatic expansion of factory operations, including production of its Optimus humanoid robot, artificial intelligence initiatives and the Cybercab autonomous car

Tesla is preparing to launch six-seater Model Y variant in India

Tesla plans India debut of six-seat Model Y L to revive sluggish sales, expanding lineup with China-made variant amid high import tariffs

Musk takes a swipe at judge after losing Twitter shareholder fraud trial

Targeting judges in cases that don't go his way is not new for Musk; earlier he took aim at the chief judge of the Delaware Chancery Court on X after she voided his Tesla pay package twice in 2024

Elon Musk rips Twitter verdict, claims jury's $4.20 'joke' mocked him

The eight-person panel found Musk liable to Twitter investors for misleading them with two tweets he posted in May 2022 stating concerns about the prevalence of fake accounts on the platform

Tesla needs to build its own factory to manufacture semiconductors: Musk

Musk said that existing suppliers, naming TSMC, Samsung and Micron Technology Inc., are not able to supply Tesla at the levels the company needs

Tesla CEO Musk recovers $55 billion pay package in Delaware court ruling

Elon Musk, already the world's richest man, scored another huge windfall Friday when the Delaware Supreme Court reversed a decision that deprived him of a USD55 billion pay package that Tesla doled out in 2018 as an incentive for its CEO to steer the automaker to new heights. Besides padding Musk's current fortune of USD 679 billion, the restoration of the 2018 pay package vindicates his long-held belief that the Delaware legal system had overstepped its bounds in January 2024 when Chancellor Kathaleen St Jude McCormick rescinded the compensation in a case brought by a disgruntled Tesla shareholder. Tesla didn't immediately respond to a request for comment late Friday. McCormick's ruling so incensed Musk that it spurred him to spurn Delaware and reincorporate Tesla in Texas. That decision also caused Tesla's board to scramble for ways to keep its CEO happy, including a successful effort to persuade the company's shareholders to reaffirm the pay package, which was valued at USD 44.9

SpaceX to offer insider shares at record-setting valuation of up to $800 bn

The latest figure would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion

Tesla shareholders didn't approve of investment in Elon Musk's xAI

The nonbinding measure garnered 1.06 billion votes in favor of authorisation, exceeding the 916.3 million that were against, Tesla disclosed in a late Friday regulatory filing

3 things Elon Musk must do to earn $1 trillion pay package

Tesla's chief has a set of benchmarks to meet to earn his full payout, which includes growing the company's market value to expanding the robotaxi business

Musk secures historic $1 trn Tesla pay package with shareholder approval

The plan won over 75 per cent support at Tesla's annual meeting in Austin, Texas, as investors endorsed Musk's vision of turning Tesla into an AI and robotics powerhouse

Musk's trillion-dollar temptation: Tesla faces a high-stakes shareholder vote

As Musk seeks unprecedented control over Tesla, a shareholder vote will decide whether vision trumps checks and balances

Tesla profit tumbles 31% despite record sales of EVs as costs rise

Elon Musk highlighted Tesla's Q3 AI and robot projects and his trillion-dollar pay plan, but gave few details on reviving EV sales after a 40 per cent profit drop

Tesla faces probe as parents say faulty doors trapped children inside

Federal auto safety regulators opened an investigation Tuesday into possible defects in Tesla doors that have reportedly left parents with children trapped in the back seat and forced to break windows to get them out. The National Highway Traffic Safety Administration said the preliminary probe is focused on 2021 Tesla Model Ys after receiving nine reports of electronic door handles not working possibly due to low battery voltage. The company run by billionaire Elon Musk has installed manual door releases inside the vehicles but NHTSA noted that a child may not be able to reach or know how to operate the releases. In four cases, the parents had to break the windows to get inside. The investigation into Tesla's most popular model comes after numerous reported incidents in recent years of other problems with opening Tesla doors, sometime trapping drivers in burning vehicles after accidents and a loss of power. In April, a college basketball recruit said he was fighting time trying to

No more Trump BFF, Elon Musk nearly recovers wealth lost earlier this year

Elon Musk's net worth has rebounded to around $430 billion after a rocky year of political controversies, Tesla stock swings, and a public falling-out with US President Donald Trump

Musk regains world's richest title after briefly losing it to Larry Ellison

Elon Musk first became the world's richest person in 2021, briefly lost the spot to Amazon founder Jeff Bezos and LVMH chairman Bernard Arnault, then reclaimed the title last year

Larry Ellison overtakes Elon Musk to become world's richest person

Oracle co-founder Ellison's current total net worth stands at $393 billion, surpassing Tesla chief Elon Musk, whose fortune totals around $385 billion, according to the Bloomberg Billionaires Index

Do you know Larry Ellison? He may soon replace Musk as world's richest man

The surge in Ellison's net worth came shortly after the company announced its quarterly results, pushing it to an estimated $364 billion

Elon Musk to be world's first trillionaire with new compensation package?

Tesla has proposed a $1-trillion performance award for Elon Musk, granting him 12% of shares if the company's market cap hits $8.5 trillion and key milestones are met