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☆ Elon Musk calls out Boeing's historic first crewed spaceflight, saying SpaceX beat them to the punch years ago
▼ + stars: | 2024-05-06 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

SpaceX beat Boeing to the punch, flying NASA astronauts to the space station four years ago for cheaper. NASA astronauts Suni Williams (left) and Butch Wilmore (right) conduct suited operations in a Boeing Starliner simulator. AdvertisementThe SpaceX Crew Dragon spaceship that accomplished the feat came from the same NASA initiative that's flying Starliner on Monday. NASA astronauts Bob Behnken (left) and Doug Hurley (right) were the first people to fly aboard a private spaceship, SpaceX's Crew Dragon. SpaceXWith each flight, SpaceX has earned money, while Boeing has been sinking more and more funds into Starliner.

Persons: Elon Musk, —, Boeing's, Butch Wilmore, Suni Williams, Robert Markowitz, Bob Behnken, Doug Hurley, bTXWAfxfrh — Elon, Musk, Eric Berger, Cory Huston, Starliner's, Berger, George Nield, Nield, Scrappy SpaceX Organizations: Boeing, SpaceX, NASA, Service, Twitter, International Space Station, ISS, Atlas, Reuters, Department of Defense, Space Transportation Locations: Starliner

☆ Elon Musk allows white supremacist Nick Fuentes back on X — again
▼ + stars: | 2024-05-04 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Nick Fuentes, a far-right commentator, is set to return to X.Elon Musk bought X in 2022, promoting free speech absolutism. The Anti-Defamation League describes Fuentes as a white supremacist , anti-semite , and 2020 election-denier "who seeks to forge a white nationalist alternative to the mainstream GOP." When Elon Musk bought X for $44 billion in October 2022, he set out to defend free speech absolutism on the platform. Nick Fuentes' flirting with hate-speech has meant he has had a rocky relationship with X and Twitter before it. Business Insider's Katherine Tangalakis-Lippert reported that despite Musk identifying as a "free speech absolutist," the same embrace of free speech does not extend to his critics.

Persons: Nick Fuentes, Elon Musk, Musk, —, Elon, Jim Crow, Fuentes, Hitler, Donald Trump, Jordan Peterson, Andrew Tate, GMwHmInPAS — Elon, Katherine Tangalakis Organizations: Service, Defamation League, GOP, Elon, Kanye, Twitter Locations: Virginia, Israel

☆ Elon Musk says Taylor Swift's 'The Tortured Poets Department' is 'very impressive'
▼ + stars: | 2024-04-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Taylor Swift is topping the charts with "The Tortured Poets Department." AdvertisementTaylor Swift has been turning heads with the chart-topping success of her latest album, "The Tortured Poets Department" — and she can count Elon Musk as a fan of the new tracks. Musk said of Swift's album in an X post on Monday. — Elon Musk (@elonmusk) April 29, 2024This post isn't the first time Musk has weighed in on Swift's success. I speak from experience lol," Musk told Swift in an X post.

Persons: Taylor Swift, Elon Musk, —, Swift, Swift didn't, Elon, Musk Organizations: Poets Department, Service, Department, Billboard, BI Locations: Paris

☆ Facebook cofounder accuses Tesla of being the next 'Enron'
▼ + stars: | 2024-04-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Read previewA Facebook cofounder's attacks against Tesla continues, and it comes with one of his boldest allegations against the company to date: Tesla is the next Enron. — Elon Musk (@elonmusk) April 26, 2024Moskovitz had not yet addressed Musk's posts on Friday. On Wednesday, the Facebook cofounder acknowledged the gravity of his comments in his social media post. Moskovitz also has long been skeptical of Elon Musk and his ventures. "I call on Elon Musk to resign," Moskovitz said on Threads last year, adding that he should resign "(from everything)."

Persons: —, Tesla, Dustin Moskovitz, Asana, Elon Musk, Musk, Dustin Moskowitz, — Elon, Moskovitz Organizations: Service, Business, Tesla, Enron, Traffic Safety Administration, Securities and Exchange Commission, Bloomberg, Justice Department, SpaceX, Elon

☆ Elon Musk confirms that he used a secret account on X where he pretended to be a child
▼ + stars: | 2024-04-10 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

The billionaire said he'd briefly used one account where he role-played as a child as a "test account." Some users on X tracked down the account after Musk posted a screenshot of his X interface last year in which the additional account appeared to be visible. pic.twitter.com/CmD06Mczmn — Elon Musk (@elonmusk) April 24, 2023The account in question, @ermnmusk, under the name "Elon Test," appeared to show Musk role-playing as a child — seemingly his three-year-old son. the account posted last year, in a post that has since been deleted, according to HuffPost. Advertisement"I don't use that account," Musk said in a deposition he sat for on March 27.

Persons: Elon Musk, he'd, Musk, —, sleuths, CmD06Mczmn — Elon, X, HuffPost, Ben Brody, Brody Organizations: Service, Nazi, Rose City Nationalists

☆ CEOs bet up to $10 million to prove Elon Musk's AI prediction wrong
▼ + stars: | 2024-04-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Gary Marcus, the founder and CEO of Geometric Intelligence, a machine learning AI startup acquired by Uber in 2016, doesn't agree with Musk's AI predictions. AdvertisementDear @elonmusk,$1 million says your latest prediction – that AI will be smarter than any individual human by the end of 2025 – is wrong. "We should want the world to find better, more trustworthy ways to build AI," Marcus said. "I was actually quite supportive of Musk," Marcus said. Marcus told BI he believes AI could help humanity, but he's much less optimistic about AI being trustworthy in the near future.

Persons: —, Elon, Musk, Nicolai Tangen, he's, Gary Marcus, doesn't, Gary P.S, @GaryMarcus, Damion Hankejh, Hankejh, Marcus, Musk hasn't, it's, hasn't, Musk's, AGI, they're, He's, there's, OpenAi Organizations: Service, Norges Bank, Business, Geometric Intelligence, Uber, Investor

☆ Elon Musk says he's raising Tesla engineer salaries because OpenAI has been aggressively poaching them with massive paydays
▼ + stars: | 2024-04-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Elon Musk says he's hiking the salaries for those working on Tesla's AI engineering team. "The talent war for AI is the craziest talent war I've ever seen!" Tesla CEO Elon Musk said on Wednesday that his company is increasing the compensation packages for those working on the AI engineering team. — Elon Musk (@elonmusk) April 3, 2024Representatives for OpenAI did not immediately respond to a request for comment from Business Insider sent outside regular business hours. "The talent war for AI is the craziest talent war I've ever seen!"

Persons: Elon Musk, Musk, OpenAI, —, Sam Altman, poach, Tesla, — Elon, Ethan Knight, Ethan, Elon, Meta's Mark Zuckerberg, Google's, Meta, It's, who's, Sergey Brin, Brin Organizations: Service, Tesla, Musk's, xAI, OpenAI, Business Insider, Big Tech, Google

☆ Elon Musk took a jab at Disney's Bob Iger with an apparent recycled April Fools' joke
▼ + stars: | 2024-04-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

Elon Musk took aim at Disney CEO Bob Iger in an apparent April Fools' Day joke posted to X. "Excited to join @Disney as their Chief DEI Officer," Musk wrote in the early hours of April 1. AdvertisementElon Musk took aim at Disney CEO Bob Iger in an apparent April Fools' Day joke which, it turns out, wasn't that original. "Excited to join @Disney as their Chief DEI Officer," Musk wrote on X, formerly Twitter. "Can't wait to work with Bob Iger & Kathleen Kennedy to make their content MORE woke!

Persons: Elon Musk, Bob Iger, Musk, Musk's, —, Kathleen Kennedy, Can’t, — Elon, Tesla, Konstantin Kisin, Kisin, 😂, ingle, ince, ake, lon, ina, haring, ike, olitical Organizations: Disney, @Disney, Service, TRIGGERnometry, BBC, ust Locations: lon, usk, ife

☆ Federal judge tosses Elon Musk’s case against hate speech watchdog CCDH
▼ + stars: | 2024-03-25 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

CNN —A federal judge on Monday threw out a lawsuit by Elon Musk’s X that had targeted a watchdog group for its critical reports about hate speech on the social media platform. In a blistering 52-page order, the judge blasted X’s case as plainly punitive rather than about protecting the platform’s security and legal rights. X has blamed CCDH’s reports, which showcase the prevalence of hate speech on the platform, for amplifying brand safety concerns and driving advertisers away from the site. In the suit, X claimed that it had suffered tens of millions of dollars in damages from CCDH’s publications. “If CCDH’s publications were defamatory, that would be one thing, but X Corp. has carefully avoided saying that they are,” Breyer wrote.

Persons: Elon Musk’s, ”, Charles Breyer, ” Breyer, X, CCDH’s, Musk, Alex Jones, Breyer, “, CCDH, X’s, Imran Ahmed, @CCDHate, @ElonMusk’s @X, ” Ahmed, Ahmed, “ X Organizations: CNN, Court, Northern, Northern District of, Twitter, X Corp, Center Locations: Northern District, Northern District of California, Newtown , Connecticut, California, San Francisco

☆ Sam Altman says he thought Elon Musk would have 'more empathy' for OpenAI's big dreams because it 'wasn't that long ago Elon was crazily talking about launching rockets'
▼ + stars: | 2024-03-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Read previewOpenAI CEO Sam Altman says he thought his former cofounder Elon Musk would have had "more empathy" for the AI company's huge ambitions. Altman referenced Musk's spacefaring ambitions with his rocket company SpaceX, while discussing Musk's lawsuit against OpenAI. In his lawsuit, Musk accused the company of violating its nonprofit mission when it partnered with Microsoft. But Musk, Altman said, had at one point wanted to "make OpenAI into a for-profit company that he could have control of." To ClosedAI and I will drop the lawsuit — Elon Musk (@elonmusk) March 6, 2024Altman isn't the only one to have expressed disappointment at Musk's behaviour.

Persons: —, Sam Altman, Elon Musk, Elon, Altman, podcaster Lex Fridman, Musk, Fridman, — Elon, Vinod Khosla, Khosla, who've, didn't Organizations: Service, Business, SpaceX, OpenAI, Microsoft, Business Insider

☆ Video of SpaceX's Starship reentry shows the ultra-hot plasma plummet back to Earth like never before
▼ + stars: | 2024-03-14 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

SpaceX's Starship captured a stunning video of its reentry as it fell back to Earth. It's the best and clearest video footage yet of a spacecraft enduring the fiery fall back to Earth. AdvertisementSpaceX's Starship captured a stunning video of its reentry into Earth's atmosphere as it finished its first successful flight through space on Thursday. SpaceX aired the footage live on its webcast on X, showing thick ultra-heated plasma lashing Starship and turning parts of the spacecraft red-hot. AdvertisementAn astronaut's view of what it looks like inside a spacecraft that's plummeting to Earth at breakneck speed.

Persons: SpaceX's, Starship's, —, to4UOF2Kpd — Elon, reentries, Jonathan McDowell, Kate Tice Organizations: Service, SpaceX, NASA, YouTube, Super

☆ Elon Musk was nowhere to be seen at Starship's first successful launch to orbit
▼ + stars: | 2024-03-14 | by ( Morgan Mcfall-Johnsen | Ellyn Lapointe | ) www.businessinsider.com time to read: +3 min

Elon Musk finally achieved Starship's first successful flight to orbit early Thursday morning. Musk was seen in the launch control room at both previous launches, making his latest absence unusual. AdvertisementElon Musk was nowhere to be seen as SpaceX's Starship mega-rocket finally flew into orbit, cruised above Earth, and plummeted back through the atmosphere on Thursday. Elon Musk sat in the control room watching the first orbital launch of Starship, which exploded about four minutes after liftoff. Starship will make life multiplanetary pic.twitter.com/Ul7ksiAHBZ — Elon Musk (@elonmusk) March 14, 2024By all accounts, this successful launch was a dream come true for Musk.

Persons: Elon Musk, wasn't, Musk, —, Kimbal Musk, Elon, multiplanetary, Ul7ksiAHBZ — Elon Organizations: SpaceX, Service, X, SpaceX's South Texas launchpad, Twitter Locations: SpaceX's South Texas, New Jersey

☆ Elon Musk is lashing out at MacKenzie Scott, Jeff Bezos' ex, for donating billions to charities for women and minorities
▼ + stars: | 2024-03-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

"'Super rich ex-wives who hate their former spouse' should be listed among 'Reasons that Western Civilization died,'" Musk wrote in an X post referencing Jeff Bezos' ex-wife. Shame on anyone who uses it," Musk wrote on X in January. Unfortunately, a lot of others are getting caught in the crossfire," Musk wrote in an X post at the time. "The hard part is figuring out how to do it in a levered way," Bezos told CNN. In 2021, Musk donated $5.7 billion in Tesla shares to the Musk Foundation, a charity he started with his brother, Kimbal, in 2002.

Persons: —, Elon, MacKenzie, Jeff Bezos, Musk, who'd, Scott, ”, ” — Elon, she's, ahem, Bezos, she'd, Ruth Simmons, Simmons, he's, Kimbal, St Organizations: Service, Business, Republican, Democratic Party, M University, Associated Press, CNN, Musk Foundation, St Jude Children's Research, Bloomberg, Musk, Business Insider Locations: Prairie

☆ OpenAI cofounder says he's sad to witness the 'unnecessary' feud between Elon Musk and Sam Altman
▼ + stars: | 2024-03-06 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

OpenAI cofounder Wojciech Zaremba called Elon Musk and Sam Altman's ongoing feud "unnecessary." Several OpenAI cofounders fired back against Musk in a blog post on the company's website. AdvertisementOpenAI cofounder Wojciech Zaremba said it's been "sad" to witness Elon Musk and Sam Altman engage in an "unnecessary fight." Elon wanted majority equity, initial board control, and to be CEO. "Elon wanted majority equity, initial board control, and to be CEO.

Persons: Wojciech Zaremba, Elon Musk, Sam Altman's, Sam Altman, cofounders, —, it's, Musk, OpenAI, Zaremba, we've, Musk's, Elon, OpenAI didn't Organizations: Elon, OpenAI, Service, Microsoft

☆ Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI and it's getting cattier than a 'Real Housewives' reunion
▼ + stars: | 2024-03-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk and his fellow billionaire tech bros are brawling over their differing views on OpenAI, and the back-and-forth is getting ugly. On Thursday, Elon Musk sued OpenAI and its CEO, Sam Altman. "Vinod doesn't know what he is talking about here," Musk wrote in a reply on X. "Vinod is lobbying to ban open source," Andreessen wrote on X.AdvertisementVinod is lobbying to ban open source. Representatives for Musk, Khosla, and Andreessen did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Elon Musk, OpenAI, Sam Altman, Altman, Musk, OpenAI didn't, Vinod Khosla, Khosla, Elon, Vinod doesn't, @OpenAI, Marc Andreessen, Vinod, Andreessen, D9ihtHEOiB, Marc Andreessen 🇺🇸 ( Organizations: Service, Microsoft, Business, xAI, Venture, Netscape Locations: OpenAI

☆ Elon Musk says the long-delayed Roadster is a Tesla-SpaceX collab and could be 'mind-blowing'
▼ + stars: | 2024-02-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk says Tesla's revived Roadster has had a design revamp. Elon Musk says the much-delayed Tesla Roadster has had a design overhaul. "Tonight, we radically increased the design goals for the new Tesla Roadster," Musk said. Back in 2018 Musk posted this tweet:SpaceX option package for new Tesla Roadster will include ~10 small rocket thrusters arranged seamlessly around car. The original Tesla Roadster.

Persons: Elon Musk, Musk, … — Elon, Tesla Organizations: SpaceX, Tesla, Tesla Roadster, Business

☆ Elon Musk settled the bill after Tesla ditched a Black History Month pie order, costing the bakers thousands
▼ + stars: | 2024-02-27 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Tesla paid a bakery $2,000 after it canceled a massive Black History Month order at short notice. "To fulfill the order, I had turned down other Black History Month catering inquiries, purchased supplies, and prepared for a demanding production schedule," she wrote. — Elon Musk (@elonmusk) February 23, 2024Rasetarinera confirmed to The Guardian Monday that she had received $2,000 from Tesla. Rasetarinera said in a February 2 post celebrating Black History Month that she's of Madagascan heritage. Advertisement"As I reflect on this ordeal, I am reminded of the resilience and determination that have propelled me forward as a black woman entrepreneur," Rasetarinera wrote in her original Instagram post.

Persons: Tesla, Elon Musk, —, Voahangy Rasetarinera, Instagram, — Elon, Rasetarinera, Matt Mahan Organizations: Service, Guardian, NBC Bay Area, NBC Bay, ABC7, Jose Locations: San Jose , California

☆ Elon Musk is accusing Google of running 'insane racist, anti-civilizational programming' with its AI
▼ + stars: | 2024-02-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

That night, Musk wrote multiple posts on X slamming Google. "I'm glad that Google overplayed their hand with their AI image generation, as it made their insane racist, anti-civilizational programming clear to all," Musk wrote in one of the posts. "This nut is a big part of why Google's AI is so racist & sexist," Musk wrote on X on Thursday. pic.twitter.com/NC9nIi2GcV — Elon Musk (@elonmusk) February 22, 2024BI ran two separate searches on Google with the same keywords Musk used. Representatives for Google did not immediately respond to a request for comment from BI sent outside regular business hours.

Persons: —, Elon, Musk, Gemini, that's, Jack Krawczyk, Krawczyk, I’m, NC9nIi2GcV — Elon, Sam Altman's OpenAI, Grok Organizations: Service, Google, Business, Business Insider, BI

☆ The Tesla chair was meant to rein in Elon Musk, but she's shunned the spotlight. A court ruling has dragged her into it.
▼ + stars: | 2024-02-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Not every CEO in charge of a publicly traded stock market giant gets to act like Elon Musk . But her tenure as chair came in for criticism last month after a Delaware judge voided Musk's $55.8 billion pay package approved by the Tesla board in March 2018. At trial, Denholm was not sure whether the Disclosure Committee was fulfilling its obligations under the SEC Settlement," McCormick's opinion noted. AdvertisementMcCormick also drew attention to how Musk changed his title to "Technoking of Tesla" in March 2021. Musk is also seeking to reincorporate Tesla in Texas from Delaware following the court decision in the state on his pay package.

Persons: Elon, Robyn Denholm, Denholm, She'd, Tesla, Musk, Judge Kathaleen McCormick, Judge McCormick, that's, McCormick, Musk's, “, Technoking ”, Elon Musk, Antonio Masiello, ”, …, reincorporate Tesla Organizations: Juniper Networks, Telstra, Blackbird Ventures, Business, Securities and Exchange Commission, SEC, New York Times, Board Locations: Australian, Delaware, Tesla, Texas

☆ SpaceX files to relocate to Texas after Elon Musk's spat with Delaware over pay package
▼ + stars: | 2024-02-15 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +3 min

SpaceX has filed to relocate its business incorporation from Delaware to Texas. The move follows a Delaware judge's decision to void CEO Elon Musk a $55 billion Tesla pay package. AdvertisementSpaceX, which was incorporated in the famously corporation-friendly Delaware, filed to relocate its business incorporation with the Texas Secretary of State, Bloomberg reported. SpaceX CEO Elon Musk publicly railed against the Diamond State and a judge's decision to void his $55 billion Tesla pay package. "The public vote is unequivocally in favor of Texas," Musk wrote on February 1.

Persons: Elon Musk, —, Musk, B7FLByL2dY — Elon, Tesla, Charles Elson Organizations: SpaceX, Service, Texas, State, Bloomberg, Diamond State, Business, Weinberg, Corporate, University of Delaware, Wall Street Locations: Delaware, Texas, Neuralink, Nevada, it's, Brownsville, Austin, Silicon Valley

☆ Twitter gave Elon Musk the @e handle after becoming its biggest shareholder, book says — but he doesn't seem to use it
▼ + stars: | 2024-02-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk was given the @e handle shortly after becoming Twitter's biggest shareholder, a new book says. Musk doesn't appear to have engaged with the account beyond changing the name to John Utah. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementTwitter's trust and safety head was asked to transfer ownership of the @e handle to Elon Musk in April 2022, according to a new book by Zoë Schiffer. Schiffer, managing editor of the tech newsletter Platformer, previously said in an X post that Musk had acquired the @e handle .

Persons: Elon Musk, Zoë, Yoel Roth, John Utah, —, Zoë Schiffer, Twitter's, Leslie Berland, Musk, Schiffer, Roth Organizations: Service, Elon, Twitter, Business

☆ Elon Musk pushes back on Ukraine's claim that Russian forces are using Starlink
▼ + stars: | 2024-02-11 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Elon Musk denied Ukrainian claims that Russians are using Starlink. AdvertisementElon Musk on Sunday said Ukraine’s assessment that Russians are using Starlink in their ongoing war is “false." — Elon Musk (@elonmusk) February 11, 2024In a follow-up statement, Musk clarified that Starlink would not connect to devices in Russia. "Starlink satellites will not close the link in Russia," Musk wrote. Users who purchase Starlink services are uniquely identified and must go through an authentication process before using Starlink satellites.

Persons: Elon Musk, Musk, Starlink, —, Elon, Andriy Yusov, ” Musk, “, — Elon, X Organizations: Service, 83rd Assault Brigade, Ukrainian Military, SpaceX, Ukrainian Ministry of Defense, Business, Space Locations: Russia, Donetsk, Starlink, Ukraine

☆ Elon Musk says Taylor Swift should be concerned about the college student who tracks celebrity jets
▼ + stars: | 2024-02-06 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +3 min

Elon Musk weighed in on Taylor Swift's concerns about jet tracking. Musk, who has spoken out against the student who tracks his jet, said Swift should be "concerned." "Taylor Swift is right to be concerned." Taylor Swift is right to be concerned. Sweeney told BI he's never meant any harm to the people whose jets he tracks, but created the accounts because he believes in "transparency and public information."

Persons: Elon Musk, Taylor, Swift, —, Taylor Swift, Jack Sweeney, Sweeney, Musk, Ian Miles Cheong, — Elon, stalkers, Donald Trump, Mark Zuckerburg Organizations: Elon, Service, University of Central Florida, Federation Aviation Administration, FAA

☆ Elon Musk says the people have spoken, and he'll make moves to shift Tesla to be incorporated in Texas
▼ + stars: | 2024-02-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Musk says he's going to call a shareholder vote to transfer Tesla's incorporation to Texas. AdvertisementTesla CEO Elon Musk says he's going ahead with plans to shift the company's state of incorporation to Texas. Musk wrote on X on Thursday morning, referencing the poll he conducted on Tuesday. "Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas," Musk wrote on X.AdvertisementThe public vote is unequivocally in favor of Texas! Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas.

Persons: Elon, Musk, —, Elon Musk, Tesla, ParwqQvS3d — Elon Organizations: Tesla, Service, Lone Star State, Bloomberg, Business Insider Locations: Delaware, Texas, Austin

☆ Why Elon Musk's battle with Delaware is about more than a $55 billion pay package
▼ + stars: | 2024-01-31 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Musk's Tesla pay was structured without a salary to involve 12 stock option awards that would only be given once performance goals for each of them were met. Though Musk can appeal the decision, there are signs that this battle is about more than just the massive pay package that has propelled him to a $205 billion fortune. The carmaker is currently worth $600 billion, up from roughly $50 billion in 2018, when Musk received his pay plan. So it's reasonable to take Musk at face value when he says his Tesla pay, as McCormick put it, is a "means of bankrolling that mission." Closer to home, Musk's legal battle could trigger a rethink of where Corporate America goes to do business.

Persons: —, Elon, Thomas Jefferson, Tesla, Richard Tornetta —, Musk, Judge Kathaleen McCormick, Musk's Tesla, Chandan Khanna, …, Judge McCormick, McCormick, DealBook, that's Organizations: Service, The, The Diamond State, Business, SpaceX, Toyota, Delaware Inc, Corporate America Locations: Delaware, The Diamond, Tesla, Mars, America's, America, Nevada, Texas

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