Rivian has given its founder and CEO RJ Scaringe a new performance-based stock award that could ultimately be worth around $5 billion if all the underlying goals are met, according to a new filing. Scaringe’s salary is also being doubled to $2 million per year, and he was given a 10% stake in Rivian’s newest… Continue reading Rivian gives RJ Scaringe a new pay package worth up to $5B
Tag: Tesla
Tesla (TSLA) down 5% on news it’s stuck with its bad CEO Elon Musk for a decade
In the morning after Tesla’s shareholder meeting, shares of the company dropped significantly on market open, likely signaling a selloff from reasonable investors who objected to a vote to retain and overpay its CEO, Elon Musk, who has been responsible for a drastic drop in sales and earnings. Tesla held its shareholder meeting yesterday, and… Continue reading Tesla (TSLA) down 5% on news it’s stuck with its bad CEO Elon Musk for a decade
Tesla updates its electric semi truck design
Tesla has updated the design of its upcoming electric semi truck, Tesla Semi, with a redesigned chassis, new headlights, and more. During Tesla’s annual shareholders meeting yesterday, there wasn’t much discussion of the Tesla Semi, but Musk reiterated that the vehicle, unveiled in 2017, will enter volume production next year. But Tesla did disclose that… Continue reading Tesla updates its electric semi truck design
Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
watch now Tesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares. Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors Glass Lewis and ISS recommended voting against it. Results of the vote were announced on Thursday… Continue reading Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn
Protesters make their point in Austin, Texas, but Tesla investors disagreed, voting to make the tycoon the world’s first trillionaire. Photograph: Jay Janner/AP View image in fullscreen Protesters make their point in Austin, Texas, but Tesla investors disagreed, voting to make the tycoon the world’s first trillionaire. Photograph: Jay Janner/AP Analysis ‘Musk is Tesla and… Continue reading ‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn
Latest News In Electric Vehicles – EV Battery Testing Market Poised for Rapid Expansion
The global EV Battery Testing Market is set to witness significant growth, expanding from $4 billion in 2025 to $9.4 billion by 2030, with a CAGR of 18.4%. This growth is driven by factors such as the adoption of higher voltage batteries, increasing EV sales, advances in battery technologies, and stringent safety regulations. As electric… Continue reading Latest News In Electric Vehicles – EV Battery Testing Market Poised for Rapid Expansion
Tesla rewards Elon Musk’s reality-distortion field
Transportation Shareholders joyfully vote to dilute their own holdings to the benefit of Musk’s power grab. Shareholders joyfully vote to dilute their own holdings to the benefit of Musk’s power grab. by Andrew J. Hawkins Nov 7, 2025, 2:53 PM UTC Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs,… Continue reading Tesla rewards Elon Musk’s reality-distortion field
Elon Musk’s Brain Crashes When Asked Why He Thinks Zohran Mamdani Is a Liar
Illustration by Tag Hartman-Simkins / Futurism. Source: Joe Rogan Experience Noted deep thinker Elon Musk suffered a cerebral blue screen of death when he was asked to explain why he thought Zohran Mamdani was a liar. On an episode of the Joe Rogan Experience uploaded days before Mumdani’s victory, Musk launched into a snippy rant… Continue reading Elon Musk’s Brain Crashes When Asked Why He Thinks Zohran Mamdani Is a Liar
Driving competition: China’s carmakers in race to dominate Europe’s roads
The Chinese brand BYD has been leading the electric car sales push in Britain. Photograph: Richard Bord/Getty Images View image in fullscreen The Chinese brand BYD has been leading the electric car sales push in Britain. Photograph: Richard Bord/Getty Images Driving competition: China’s carmakers in race to dominate Europe’s roads Chinese manufacturers are using the… Continue reading Driving competition: China’s carmakers in race to dominate Europe’s roads
Tesla shareholders approve $1tn pay package for Elon Musk
Tesla chief Elon Musk’s $1tn pay package has been approved. Photograph: Daniel Cole/Reuters View image in fullscreen Tesla chief Elon Musk’s $1tn pay package has been approved. Photograph: Daniel Cole/Reuters Tesla shareholders approve $1tn pay package for Elon Musk Chants of ‘Elon’ erupt after compensation plan approved despite opposition from several high-profile investors Tesla shareholders… Continue reading Tesla shareholders approve $1tn pay package for Elon Musk