ELON MUSK is ready to ban iPhones and Mac computers from his business after tech rival Apple announced plans to use OpenAI. The billionaire owner of X (formerly known as Twitter) and Tesla said Apple products would not be welcome at his company if Apple combined with OpenAI’s ChatGPT. Elon Musk, Chief Executive Officer of … Read more
CUPERTINO, CALIFORNIA – JUNE 05: Apple CEO Tim Cook stands next to the new Apple Vision Pro headset … [+] will be shown during the Apple Worldwide Developers Conference on June 5, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference by announcing the new Apple Vision Pro mixed … Read more
Norway’s sovereign wealth fund wants to shoot down Elon Musk’s planned $56 billion compensation package at Tesla’s annual shareholder meeting, scheduled for Thursday this week, June 13. The fund, managed by Norges Bank Investment Management (NBIM), said on Saturday it “voted against a proposal by Tesla to ratify performance-based stock options to Elon Musk, consistent … Read more
June 10, 2024 3:47 am | 3 minutes reading 20-Year-Old Professional Trader Unveils His “MoneyLine” Throw away your indicators and use the ‘MoneyLine’. A simple rule tells you when to buy and sell without the guesswork. It’s a line on a chart that has helped Nic Chahine win 83% of his options buys. Here’s how … Read more
Tesla shares are down 28% this year. It has warned of “significantly” slower growth as sales in its second-largest market, China, fall. A defect forced a recall of the highly anticipated latest product. The CEO spends a lot of time at other companies or causes controversy. How do you reward him? With a record-breaking $56 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Tens of thousands of Tesla’s international retail shareholders, with about $17 billion in shares, may not be able to vote at the annual meeting because investment platforms have failed to set up adequate cross-border systems. … Read more
Six years ago, Elon Musk’s SpaceX launched a Tesla into space, in a stunt that even the most hardened Musk haters would grudgingly admit was pretty cool. The Roadster has had an amazing journey since then, currently moving away from Earth at an impressive speed of 25,290 kilometers per hour (15,715 miles per hour), with … Read more
Tesla investors are lobbying to shoot down the largest moonshot compensation plan in history. A group including New York City pension funds filed a notice Monday urging others to vote against Tesla CEO Elon Musk’s $46 billion stock option package at the company’s June 13 shareholder meeting. New York City Comptroller Brad Lander, who serves … Read more
The Comptroller of New York City and seven financial firms are recommending Tesla shareholders give a thumbs down to the electric car maker’s ~$50 billion compensation package for CEO Elon Musk. The suggestion was part of a letter signed by NYC Comptroller Brad Lander and the aforementioned companies, filed with the Securities and Exchange Commission … Read more
It takes a lot of courage to get into any car through the streets of Los Angeles. This morning I was watching the TV news in our hotel, and when they’re not talking about hush money for Stormy Daniels, they’re going to see live traffic reports – and boy, this is Prang City. Every major … Read more