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Peter Thiel - 1 Thiel - 1 That's - 1 Larry Summers - 1 Vivek Wadhwa - 1 Wadhwa - 1
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☆ Peter Thiel doubles down on his program to pay kids not to stay in school
  + stars: | 2024-02-24 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +2 min
That's the message billionaire Peter Thiel is sending as he extends a fellowship program that offers $100,000 to students willing to skip college and develop a company instead. The PayPal founder started the program in 2010 with an initial group of 24 young people. Thiel has said he originally started the venture to prove that the American college system is not for everyone. Thiel told the Journal he decided to extend the program in part because he thinks American universities are now overly "woke," inspiring him to encourage young people to steer clear. "Our view is it's still an outside game, getting people out," Thiel told the outlet.
Persons: Peter Thiel, Thiel, That's, Larry Summers, Vivek Wadhwa, Wadhwa Organizations: PayPal, American, Stanford University, Harvard, Tech, Washington Post, Ivy
☆ I was a Tesla fan but I feel like I've been duped by Elon Musk's self-driving claims. I'll never buy another Tesla again.
  + stars: | 2023-02-12 | by ( Grace Kay | ) www.businessinsider.com   time to read: +5 min
Vivek Wadhwa once called himself a friend of Musk and a Tesla fan, but he sees things differently now. Wadhwa loves his Tesla, but he says he'll never buy another one again. Before that, we had drinks and I said, "Tell me the craziest thing you're going to do." He said, "I'm going to retire on Mars." I've been waiting for six years for this car to drive itself and I know it's never going to happen.
☆ Tesla’s close-knit leadership team goes under the spotlight in court
  + stars: | 2022-11-17 | by ( Matt Mcfarland | ) edition.cnn.com   time to read: +6 min
Tornetta accuses Tesla’s board of breaching its duties to shareholders. The pay package from Tesla’s board granted Musk large sums of shares every time Tesla hit certain milestones, including earnings and share price targets. In this sketch, former Tesla board member Antonio Gracias testifies in court. Ehrenpreis also had the rights to the first Model 3, Tesla’s breakout product, but gave it to Elon Musk as a birthday gift. Ehrenpreis is also the Tesla board member who asked consultants if hypothetically Tesla could lower the disclosed costs of Musk’s compensation plan.
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