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The Latest Breaking News from Ira Ehrenpreis

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.

Fortune

Tesla Has a SpaceX Stake and $890 Million in Related Revenue. The Upcoming SpaceX IPO Could Be a Major Win for TSLA Stock.

With Tesla holding a SpaceX stake and booking roughly $890 million in related revenue since 2023, investors must weigh the long-term strategic upside against potential near-term volatility as capital and attention shift toward the SpaceX IPO.

Barchart

Musk to Seize Total Control of SpaceX IPO With Absolute 85% Voting Power

SpaceX is set for a historic IPO, revealing financial details and ambitious plans for multiplanetary expansion, while maintaining control under Elon Musk's leadership.

International Business Times UK

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Tesla Board Rakes In Staggering $3BN From Stock Awards – Far More Than Tech Rivals

Tesla's board has earned a staggering $3bn from stock awards, far eclipsing tech rivals and reigniting debate over governance, pay and shareholder oversight.

International Business Times

Tesla Board Rakes In Staggering £2.5BN From Stock Awards – Far More Than Tech Rivals

Tesla's board has earned a staggering £2.5bn from stock awards, far eclipsing tech rivals and reigniting debate over governance, pay and shareholder oversight.

International Business Times UK

Elon Musk Calls Proxy Advisor Firms Opposing His Trillion-Dollar Pay 'Corporate Terrorists,' Accuses Them Of Voting On 'Random Political Lines'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has broken his silence on the opposition of proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis to his $1 trillion CEO compensation award.

Benzinga

Battle over Elon Musk’s trillionaire pay package builds as pension funds face off against Tesla

Next month, investors will vote on setting Tesla CEO Elon Musk on a path to becoming the world’s first trillionaire.

Fortune

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Tesla Shareholders Oppose Elon Musk's $1 Trillion Pay Package Amid Governance Concerns, EV Tax Credit Expiration

A group of Tesla Inc. (NASDAQ:TSLA) shareholders, including SOC Investment Group and state officials from Nevada, New Mexico and Connecticut, urged investors on Thursday to vote against CEO Elon Musk's $1 trillion pay package at the company's upcoming November meeting, according to a regulatory filing.

Benzinga

Elon Musk's Historic Pay Deal Faces Fierce Pushback From Shareholders

Tesla faces shareholder backlash over Elon Musk's $1 trillion pay package ahead of November vote.

International Business Times

As Elon Musk leaves government, Tesla shareholders beg him to work at least 40 hours a week at the company

A group of investors reached out to board chair Robyn Denholm to try and get Musk back to work at the beleaguered EV maker.

Fortune

Elon Musk’s brother and one other Tesla board director sell stock worth nearly $200 million

Tesla insiders' frequent stock sales have been a source of frustration for shareholders in recent months.

Fortune

Musk’s legal battle for his $56bn goes on. Tesla’s board still looks supine

The craven stance of Tesla’s board should not be lost in the legal back-and-forth

The Guardian - UK

Is the Tesla board in charge of a public company or the Elon Musk fan club?

If Musk is awarded an astronomic $56bn pay award for a second time, it will amount to an astonishing lack of self-reflection

The Guardian - UK

Three cheers for the Delaware judge who stood up to Elon Musk

At last: a judgment that injects a dose of sanity into the process of handing out executive rewards

The Guardian - UK

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WEKU

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

Elon Musk is not entitled to landmark compensation package awarded by Tesla's board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday.

Evening Standard

Elon Musk’s 'unfathomable' $56bn Tesla pay package blocked by US judge

The judge found that Musk’s compensation was inappropriately set by the electric-vehicle maker’s board

Tribune News Service

Tesla investor group says overcommitted Musk is hurting EV maker

A group of Tesla Inc. investors has accused the company of mismanagement and is seeking a meeting with its board to discuss the performance of Chief Executive Officer Elon Musk.

The Independent UK

Elon Musk pay package at Tesla challenged in court

Testimony is under way in a shareholder lawsuit challenging approval by Tesla’s board of directors of a compensation plan potentially worth more than $55 billion for CEO Elon Musk

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The Times of India

How Elon Musk scored a $55 billion pay package that’s now under fire

The largest executive-pay package in US corporate history was born in a text message from Elon Musk.

Benzinga

Benzinga Before The Bell: Musk's Twitter Lawsuit, Uber Penalized For Overcharging People With Disabilities, Johnson & Johnson Cuts Outlook And Other Top Financial Stories Tuesday, July 19

CNBC Amazon Courts More Trouble As Regulators Inspect Its Warehouses

People

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