Tesla
Tesla Preparing Internal CEO Succession Plan as $1 Trillion Musk Compensation Package Faces Shareholder Vote
Oct 29, 2025 03:01 am CST
Tesla's board is identifying potential internal CEO successors should Elon Musk depart following the upcoming shareholder vote on his $1 trillion compensation package. Board Chair Robyn Denholm urges approval of the ambitious plan that includes stock options tied to reaching $8.5 trillion market cap and milestones in autonomous driving and robotics technologies.
Driverless Car Technology Showcased in Bengaluru: Collaboration Between Wipro, IISc and RV College Creates Buzz
Oct 28, 2025 11:27 pm CST
A prototype driverless car developed through collaboration between Wipro, the Indian Institute of Science, and RV College of Engineering has gone viral after Sri Satyatmatheertha Swamiji took a demonstration ride on campus. The WIRIN initiative focuses on autonomous systems, AI, and machine learning, with formal launch expected in coming months after thorough mapping of Indian road conditions.
Elon Musk Defends $1 Trillion Tesla Pay Package and Criticizes Advisory Firms During Earnings Call
Oct 25, 2025 03:37 pm CST
During Tesla's recent earnings call, CEO Elon Musk made an unexpected appeal to investors to approve his proposed $1 trillion compensation package, arguing it's necessary to maintain sufficient voting control for Tesla's future. Following disappointing third-quarter results showing a 40% drop in operating income, Musk criticized advisory firms recommending against the package. The unprecedented compensation plan will be decided by shareholders on November 6, as the world's richest man seeks to secure his influence over Tesla's artificial intelligence and robotics initiatives.
Tesla Introduces Sub-$40,000 Models to Offset US EV Incentive Losses
Oct 08, 2025 02:23 pm CST
Tesla has launched more affordable versions of its Model 3 sedan and Model Y SUV, priced at $36,990 and $39,990 respectively, as a strategic response to the elimination of US electric vehicle tax incentives. These new standard versions offer reduced prices of approximately 11-13% compared to premium longer-range variants, though they come with less battery range and fewer features.
Tesla Teases Affordable EV Launch at October 7 Event Following Record Quarterly Deliveries
Oct 06, 2025 04:43 pm CST
Tesla has announced an October 7 event expected to showcase a more affordable electric vehicle model, potentially a lower-cost Model Y variant that's 20% cheaper to produce. This strategic move follows record quarterly deliveries and comes just after the expiration of the $7,500 U.S. EV tax credit, potentially signaling a shift in Tesla's pricing strategy to maintain sales momentum.
Elon Musk Reaches Historic $500 Billion Net Worth: The Path to Becoming World's First Trillionaire
Oct 02, 2025 10:36 am CST
Elon Musk has made history by becoming the first person to achieve a net worth of $500 billion, primarily driven by Tesla's strong stock performance and significant valuations of SpaceX and xAI. With a proposed $1 trillion compensation package and continued growth across his companies, Musk could potentially become the world's first trillionaire by 2033.
Trump's Corporate and Academic Targets: A Comprehensive Look at Presidential Confrontations
Sep 27, 2025 01:43 pm CST
President Donald Trump has systematically targeted influential corporations, executives, and academic institutions through public criticism and executive actions. From demanding the firing of Microsoft's Lisa Monaco to canceling billions in university grants and confronting tech giants over manufacturing practices, this comprehensive overview examines how Trump's unprecedented approach has disrupted traditional relationships between government, business, and academia in America.
How H-1B Visas Shaped America's Tech Giants: The Stories of Musk, Pichai, and Nadella
Sep 26, 2025 09:00 pm CST
The H-1B visa program has been instrumental in bringing global talent to America's technology sector, with tech giants Elon Musk, Sundar Pichai, and Satya Nadella all entering the US through this pathway. Despite its importance to innovation and economic growth, the program faces challenges with President Trump's recent implementation of a $100,000 fee increase, raising concerns among the Indian government and tech industry as Indians represent 71% of approved H-1B applications.
Larry Ellison Pledges 95% of His $350 Billion Fortune to Philanthropy: Inside the Oracle Co-Founder's Giving Journey
Sep 26, 2025 01:36 pm CST
Oracle co-founder Larry Ellison, currently the world's second-richest person with a $350 billion fortune, has committed to donating 95% of his wealth through the Giving Pledge. His philanthropic efforts include establishing the Ellison Institute of Technology in partnership with Oxford University and making significant donations to medical research, though his philanthropic journey has faced some implementation challenges.
'No Overhaul' To 'Broken System': Musk's Flip-Flop On H-1B Visa Resurfaces
Sep 21, 2025 12:58 pm CST
As US President Donald Trump's latest effort to overhaul the country's immigration system faces criticisms and becomes a flash point with the tech industry, his former ally Elon Musk's flip flop on the matter has resurfaced on social media.