Musk's vision for Tesla is bound up in AI technology, but also in submitting to his influence.
Tesla and its Chief Executive Elon Musk each fired their own salvos at institutional investors apparently reluctant to give the nod to a disputed $58 billion compensation package for the head of the electric-vehicle giant. Musk himself said one key Tesla stock investor had "no honor." Tesla wrote a detailed letter to shareholders on Wednesday, responding to a report by proxy advisory firm Glass Lewis on Musk's 2018 pay package, which remains under dispute six years after it was originally agreed on.
(Bloomberg) -- Elon Musk has agreed to testify in the US Securities and Exchange Commission’s probe of his 2022 acquisition of the social-media platform once known as Twitter.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fired Commercial Head After Sales Stra