Tag #Elon Musk

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us.cnn.com

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Dec 4, 01:06

Delaware Court Rejects Elon Musk's $101 Billion Tesla Stock Option Package

A Delaware court rejected Elon Musk's $101 billion Tesla stock option package, citing unfairness to shareholders, despite shareholder approval; Musk owns significant shares in other companies.

Delaware Court Rejects Elon Musk's $101 Billion Tesla Stock Option Package

A Delaware court rejected Elon Musk's $101 billion Tesla stock option package, citing unfairness to shareholders, despite shareholder approval; Musk owns significant shares in other companies.

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What are the immediate consequences of the court's decision on Elon Musk's compensation?

Delaware Chancery Court Chancellor Kathaleen McCormick rejected Tesla CEO Elon Musk's $101 billion stock option package, citing unfairness to shareholders. Despite shareholder approval, the judge upheld her January ruling. Musk responded by accusing McCormick of political bias.

cnnespanol.cnn.com

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Dec 4, 04:09

Delaware Judge Rejects Musk's US \$101 Billion Tesla Stock Option Package

A Delaware judge rejected Elon Musk's US \$101 billion Tesla stock option package, citing unfairness to shareholders, despite 84% of non-Musk shareholders approving it; however, Musk remains one of the world's wealthiest people.

Delaware Judge Rejects Musk's US \$101 Billion Tesla Stock Option Package

A Delaware judge rejected Elon Musk's US \$101 billion Tesla stock option package, citing unfairness to shareholders, despite 84% of non-Musk shareholders approving it; however, Musk remains one of the world's wealthiest people.

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What are the potential alternative ways for Musk to increase his wealth?

The ruling stems from a 2018 compensation plan granting Musk options to buy Tesla shares at a significantly lower price than their current market value. Although 84% of non-Musk shareholders approved the plan, the judge upheld her previous rejection, emphasizing its unfairness to shareholders.

forbes.com

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Dec 4, 19:09

Musk Proposes Dogecoin-Inspired Plan to Tackle $36 Trillion US Debt

Elon Musk, advising President-elect Trump, advocates for the Bitcoin Act of 2024 to address the $36 trillion US national debt, proposing a dogecoin-inspired efficiency program aiming for $2 trillion in spending cuts, while Tesla holds substantial bitcoin reserves.

Musk Proposes Dogecoin-Inspired Plan to Tackle $36 Trillion US Debt

Elon Musk, advising President-elect Trump, advocates for the Bitcoin Act of 2024 to address the $36 trillion US national debt, proposing a dogecoin-inspired efficiency program aiming for $2 trillion in spending cuts, while Tesla holds substantial bitcoin reserves.

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How will Elon Musk's proposed dogecoin-inspired plan and support for the Bitcoin Act of 2024 directly impact US government spending and the national debt?

Elon Musk, a close advisor to President-elect Trump, launched a campaign against US government overspending, proposing a dogecoin-inspired solution. He supports Bitcoin Act of 2024, aiming to reduce the $36 trillion national debt. This follows his recent confirmation of a crypto market game-changer and backing of pro-crypto cabinet candidates.

cnnespanol.cnn.com

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Dec 3, 12:09

Tribunal rechaza paquete salarial de US$ 56.000 millones de Elon Musk en Tesla

Un tribunal de Delaware rechazó el paquete salarial de US$ 56.000 millones de Elon Musk como CEO de Tesla, argumentando que la junta directiva no demostró que fuera justo para los accionistas, a pesar de su aprobación por el 84% de los accionistas no relacionados con Musk.

Tribunal rechaza paquete salarial de US$ 56.000 millones de Elon Musk en Tesla

Un tribunal de Delaware rechazó el paquete salarial de US$ 56.000 millones de Elon Musk como CEO de Tesla, argumentando que la junta directiva no demostró que fuera justo para los accionistas, a pesar de su aprobación por el 84% de los accionistas no relacionados con Musk.

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¿Cuál es el impacto de la decisión judicial sobre la compensación de los ejecutivos de grandes empresas tecnológicas?

Un tribunal de Delaware rechazó el paquete salarial de US$ 56.000 millones de Elon Musk como CEO de Tesla, a pesar de la aprobación de los accionistas. La jueza Kathaleen McCormick argumentó que la junta de Tesla no demostró que el paquete fuera justo para los accionistas, a pesar de que el 84% de las acciones no pertenecientes a Musk o su hermano lo aprobaron.

zeit.de

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Dec 3, 12:18

Delaware Judge Blocks Elon Musk's Tesla Compensation Package

A Delaware judge blocked Tesla CEO Elon Musk's multi-billion dollar compensation package, citing his undue influence on the 2018 stock distribution and lack of shareholder transparency regarding his relationships with Tesla board members; Tesla plans to appeal.

Delaware Judge Blocks Elon Musk's Tesla Compensation Package

A Delaware judge blocked Tesla CEO Elon Musk's multi-billion dollar compensation package, citing his undue influence on the 2018 stock distribution and lack of shareholder transparency regarding his relationships with Tesla board members; Tesla plans to appeal.

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What is the immediate impact of the Delaware judge's ruling on Elon Musk's compensation package?

A Delaware judge blocked Tesla CEO Elon Musk's multi-billion dollar compensation package, upholding a previous ruling. The judge cited Musk's excessive influence on the 2018 stock distribution as the reason for the denial. This decision prevents the payout of a compensation plan originally valued at \$2.6 billion, which has since ballooned to over \$100 billion based on Monday's closing stock price.

edition.cnn.com

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Nov 30, 04:06

X Intervenes in Infowars Bankruptcy, Challenging Social Media Account Ownership Norms

Elon Musk's X is unprecedentedly intervening in the bankruptcy sale of Alex Jones' Infowars, objecting to the sale of its accounts, despite common practice among social media companies to let courts handle such disputes. This challenges established norms of user rights and social media account owner...

X Intervenes in Infowars Bankruptcy, Challenging Social Media Account Ownership Norms

Elon Musk's X is unprecedentedly intervening in the bankruptcy sale of Alex Jones' Infowars, objecting to the sale of its accounts, despite common practice among social media companies to let courts handle such disputes. This challenges established norms of user rights and social media account owner...

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Peace, Justice, and Strong Institutions

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How does X's intervention in the Infowars bankruptcy sale challenge traditional social media practices and legal precedents regarding account ownership?

X, owned by Elon Musk, is objecting to the sale of Alex Jones' Infowars social media accounts as part of his bankruptcy proceedings. This is unprecedented; social media platforms typically avoid such direct legal involvement. The outcome will impact how social media companies manage account ownership and intellectual property rights.

foxnews.com

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Dec 4, 01:06

DOGE Targets $150.7 Billion in Spending on Illegal Immigration

Elon Musk and Vivek Ramaswamy's Department of Government Efficiency (DOGE) plans to cut $150.7 billion in government spending on illegal immigration, a figure derived from a Federation for American Immigration Reform (FAIR) study which surpasses the cost of several major historical projects. The pla...

DOGE Targets $150.7 Billion in Spending on Illegal Immigration

Elon Musk and Vivek Ramaswamy's Department of Government Efficiency (DOGE) plans to cut $150.7 billion in government spending on illegal immigration, a figure derived from a Federation for American Immigration Reform (FAIR) study which surpasses the cost of several major historical projects. The pla...

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What is the immediate impact of DOGE's proposal to cut spending on illegal immigration?

The Department of Government Efficiency (DOGE) aims to slash government spending, targeting $150.7 billion spent on illegal immigration in 2023, a figure derived from a Federation for American Immigration Reform (FAIR) study. This amount surpasses the cost of World War I, the Apollo program, and the Manhattan Project combined, according to DOGE. The plan is to audit and implement changes across government agencies.

abcnews.go.com

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Dec 4, 04:09

Delaware Judge Permanently Blocks $56 Billion Tesla Pay Package for Elon Musk

A Delaware judge has permanently blocked a $56 billion compensation package for Tesla CEO Elon Musk, rejecting Tesla's appeal and citing sham negotiations and conflicts of interest; Tesla plans to appeal to the Delaware Supreme Court.

Delaware Judge Permanently Blocks $56 Billion Tesla Pay Package for Elon Musk

A Delaware judge has permanently blocked a $56 billion compensation package for Tesla CEO Elon Musk, rejecting Tesla's appeal and citing sham negotiations and conflicts of interest; Tesla plans to appeal to the Delaware Supreme Court.

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How did the close relationship between Elon Musk and Tesla's board influence the judge's decision?

This ruling reinforces Delaware's strong investor protections by preventing conflicts of interest between executives and boards. The judge's decision emphasizes the importance of fair and transparent compensation practices, particularly for CEOs with significant board influence. The case highlights the potential consequences of awarding excessive compensation packages without proper oversight.

cnnespanol.cnn.com

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Dec 4, 10:07

Musk and Ramaswamy Propose Ending Daylight Saving Time in the US

Elon Musk and Vivek Ramaswamy proposed ending the biannual clock changes in the US, citing public support and efficiency, though the approach remains unclear; the suggestion has generated debate among those who favor permanent standard time, permanent daylight saving time, or maintaining the current...

Musk and Ramaswamy Propose Ending Daylight Saving Time in the US

Elon Musk and Vivek Ramaswamy proposed ending the biannual clock changes in the US, citing public support and efficiency, though the approach remains unclear; the suggestion has generated debate among those who favor permanent standard time, permanent daylight saving time, or maintaining the current...

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Good Health and Well-being

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What are the immediate impacts of ending daylight saving time in the US?

Elon Musk and Vivek Ramaswamy are advocating for the permanent end of daylight saving time in the US. This follows a series of X posts last week, where they urged the US to stop changing its time zone twice a year. The initiative, while seemingly simple, could significantly impact the daily lives of hundreds of millions of Americans.

cnnespanol.cnn.com

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Dec 3, 12:12

Tribunal rechaza paquete salarial de US$ 56.000 millones de Elon Musk en Tesla

Un tribunal de Delaware rechazó el paquete salarial de US$ 56.000 millones de Elon Musk como CEO de Tesla, a pesar de que los accionistas lo aprobaron, debido a preocupaciones sobre conflictos de interés y falta de justificación de su equidad por parte de la junta directiva.

Tribunal rechaza paquete salarial de US$ 56.000 millones de Elon Musk en Tesla

Un tribunal de Delaware rechazó el paquete salarial de US$ 56.000 millones de Elon Musk como CEO de Tesla, a pesar de que los accionistas lo aprobaron, debido a preocupaciones sobre conflictos de interés y falta de justificación de su equidad por parte de la junta directiva.

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¿Cuál es el impacto inmediato del rechazo del paquete salarial de Elon Musk en la percepción de las prácticas de gobierno corporativo de Tesla?

Un tribunal de Delaware rechazó el paquete salarial de US$ 56.000 millones de Elon Musk como CEO de Tesla, a pesar de la aprobación de los accionistas. La jueza Kathaleen McCormick argumentó que la junta de Tesla no demostró que el paquete fuera justo para los accionistas, a pesar de la ratificación del 84% de las acciones no pertenecientes a Musk.

politico.eu

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Dec 3, 22:11

Farage Denies Seeking Musk Donation, But Says He Would Accept It

Nigel Farage, leader of the UK Reform Party, denied actively seeking donations from Elon Musk but confirmed he would accept them if offered; Westminster is abuzz with speculation that Musk could donate up to $100 million to the party, which is challenging the Labour Party.

Farage Denies Seeking Musk Donation, But Says He Would Accept It

Nigel Farage, leader of the UK Reform Party, denied actively seeking donations from Elon Musk but confirmed he would accept them if offered; Westminster is abuzz with speculation that Musk could donate up to $100 million to the party, which is challenging the Labour Party.

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What is the potential impact of Elon Musk donating $100 million to the Reform UK party?

Nigel Farage, leader of the Reform UK party, denied actively seeking donations from Elon Musk but confirmed he would accept them if offered. Speculation in Westminster suggests Musk could donate up to $100 million to Reform UK, aiming to challenge the governing Labour Party. Farage dismissed the reports as speculation, stating he has never discussed money with Musk and that UK electoral rules would likely prevent a large donation from Musk's company, X Corp.

taz.de

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Nov 29, 01:49

Musk's DOGE Sparks Controversy with Public Shaming of Government Employees

Elon Musk, alongside Vivek Ramaswamy, heads the new Department of Government Efficiency (DOGE), enacting a $2 trillion budget cut plan under President Trump. Musk publicly named several government employees facing potential job losses, sparking concern and online harassment.

Musk's DOGE Sparks Controversy with Public Shaming of Government Employees

Elon Musk, alongside Vivek Ramaswamy, heads the new Department of Government Efficiency (DOGE), enacting a $2 trillion budget cut plan under President Trump. Musk publicly named several government employees facing potential job losses, sparking concern and online harassment.

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What are the immediate consequences of Elon Musk's public naming of government employees potentially facing job losses?

Elon Musk and Vivek Ramaswamy, heads of the newly formed Department of Government Efficiency (DOGE), initiated a controversial cost-cutting plan involving public exposure of government employees, potentially leading to job losses. Musk publicly shared names of at least four employees, resulting in online harassment and causing concern among those targeted.

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