Better for the Billionaire: Rachel Maddow on the Fallout When the Presidency Caters to Billionaires

Dec 17, 2024 | Rachel Maddow looks at the history of crashes by Tesla's auto pilot-driven cars and the sudden priority the Trump transition team is giving to getting rid of a new requirement to report those crashes.

The Truth About Elon Musk and Tesla | The Billionaires Who Made Our World | Channel 4

Aug 2, 2024 | Some racist and offensive language. Landmark series lifting the lid on Silicon Valley's tech titans - Gates, Bezos, Zuckerberg and Musk - who changed our world forever, from how we communicate to how we shop and the information we get. What's the truth about the Tesla billionaire, space pioneer - and new owner of Twitter?

Elon Musk Has Won $56bn Pay Package despite Judge Ruling It Void, Tesla Argues

THE GUARDIAN: Company says in court filing Musk is entitled to vast payout because shareholders voted in his favor earlier this month

Tesla is claiming Elon Musk won his legal battle over his $56bn pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to court filing made public on Friday.

The company’s filing comes two weeks after Tesla shareholders voted to ratify the 2018 package of stock options. Tesla held the vote following a January ruling by a Delaware judge to void the compensation because Musk improperly controlled the negotiation process and the company misled shareholders about key details.

The uncertainty in the case hangs over Musk’s relationship with Tesla, which is struggling with slower sales and stiffer competition. He has said he might develop some products outside the company if he does not obtain a larger ownership stake. » | Reuters | Thursday, June 27, 2024

Concern over Elon Musk’s Twitter Takeover Wipes $126bn Off Tesla Value

THE GUARDIAN: Fears that carmaker’s CEO may have to sell shares to fund $44bn acquisition of social network

Investors have wiped $126bn (£100bn) off Tesla’s value amid concern that Elon Musk may have to sell shares in the electric carmaker to fund his personal contribution to his $44bn acquisition of Twitter.

Tesla stock has been targeted despite the company not being involved in the bid but Musk, its chief executive and largest shareholder, is part-funding the Twitter deal with $21bn of his own equity and a further $12.5bn loan secured against his Tesla stake.

The 12.2% drop in Tesla’s shares on Tuesday equated to a $21bn drop in the value of his Tesla stake, equal to the cash stake he committed to the Twitter deal. » | Guardian staff and agency | Wednesday, April 27, 2022

Elon Musk Is a Problem Masquerading as a Solution

JIm Watson/AFP via Getty Images
OPINION: GUEST ESSAY
THE NEW YORK TIMES: It is a perfect marriage for an age of plutocracy: Twitter with its serious problems and Elon Musk, the embodiment of those problems. What happens when the incarnation of a problem buys the right to decide what the problem is and how to fix it?

Twitter has a disinformation problem — fake news about Covid vaccines, climate and more running buck wild across the platform. Mr. Musk has shown himself to be a highly capable peddler of dubious claims, whether putting out misleading financial information or calling the British diver who helped rescue trapped schoolboys in Thailand a “pedo guy.”

Twitter has a racism problem. Time and again, it has failed to consequentially answer the pleas of users of color to address the bigotry and harassment that are endemic for them. Tesla, the carmaker that Mr. Musk runs, has its own racism problem, with many workers complaining to the press and California’s Department of Fair Employment and Housing suing the company over an allegedly pervasive problem of racialized degradation. The agency recently described one of Tesla’s plants as “a racially segregated workplace” rife with slurs as well as discrimination “in job assignments, discipline, pay and promotion.” » | Anand Giridharadas * | Tuesday, April 26, 2022

* Anand Giridharadas is the author, most recently, of “Winners Take All: The Elite Charade of Changing the World.”

La maman d'Elon Musk: affirmée, stylée et au sommet de sa carrière à 73 ans

Maye Musk, le 10 septembre, à New York lors d'un défilé de mode. CINDY ORD / GETTY IMAGES NORTH AMERICA / GETTY IMAGES VIA AFP
Par Maria-Antonia Gerstmeyer (Die Welt)
LE FIGARO : VU D'AILLEURS - Maye Musk est douze fois grand-mère, top model et auteure de best-sellers. À 59 ans, la mère du fondateur de Tesla Elon Musk a décidé de ne plus se teindre les cheveux et de changer radicalement de vie. Aujourd'hui âgée de 73 ans, sa vie est plus belle que jamais.

Plutôt hors du commun : à 73 ans, elle donne l'impression d'essuyer les traces du temps d'un simple disque de coton humide. «C'est vrai, les gens sont toujours surpris que je sois encore si belle à mon âge», lance Maye Musk, lorsque le magazine ICONIST la contacte par téléphone à New York. Dans son style vestimentaire aussi, elle va à l'encontre de tout ce que l'on classerait dans la catégorie des vêtements adaptés à sa tranche d'âge. Maye Musk privilégie les couleurs vives, les chemisiers transparents et porte ses cheveux gris très courts. » | Par Lena | jeudi 21 octobre 2021

Réservé aux abonnés

À LIRE AUSSI : Bertille Bayart: «Musk change tout et aussi la France de 2030» : CHRONIQUE - Emmanuel Macron a cité SpaceX, l’entreprise d’Elon Musk, dans la présentation de son plan d’investissement France 2030 mardi à l’Elysée. »

Auf Deutsch: Elons Mutter - Selbstbewusst, stilvoll und mit 73 auf dem Höhepunkt ihrer Karriere »

Elon Musk No Longer World’s Richest Person as Tesla Shares Fall

THE GUARDIAN: Electric carmaker’s CEO falls behind Amazon founder Jeff Bezos after tweet saying bitcoin price ‘seems high’

Elon Musk, the maverick boss of Tesla, is no longer the world’s richest person after shares in the electric car company dropped 8.6% on Monday, wiping $15.2bn (£10.8bn) off his fortune.

Musk, who last month leapfrogged Amazon founder Jeff Bezos to take the title of the world’s wealthiest person, dropped back into second place with a $183bn estimated fortune behind Bezos’ $186.3bn.

The 8.5% drop in Tesla’s share price on Monday – the sharpest one-day fall since September – was partly fuelled by Musk tweeting that the prices of bitcoin and other cryptocurrencies “do seem high”. Tesla’s shares were down a further 6% in pre-market trading on Tuesday. » | Rupert Neate, Wealth correspondent | Tuesday, February 23, 2021