How Elon Musk helped lift the ceiling on CEO pay

When Tesla awarded Elon Musk a multibillion-dollar pay package in 2018, the landmark deal helped to vastly increase the potential compensation of the CEOs at many of America’s biggest public companies. The package was composed entirely of an enormous stock grant tied to the company’s performance. As Tesla has sold enough electric vehicles to become … Read more

Why you might buy your next car online

In 2019, many auto experts said Tesla was making a big mistake by deciding to sell cars only online, arguing that whatever bad feelings people had about dealerships, they were essential to the car business. But the strategy, which was adopted by Tesla CEO Elon Musk and combines direct sales with a limited number of … Read more

Elon Musk says he wants 1 billion Twitter users in first address to employees

For weeks, Elon Musk has publicly trashed Twitter, even though he is buying the company in a $44 billion deal. On Thursday, he finally acted like an owner. In an hourlong question-and-answer session in the morning with Twitter’s 8,000 or so employees — the first time Musk has spoken with them since he agreed to … Read more

Musk’s ‘Buyer’s Remorse’ Won’t Get Him Out of Twitter Deal

Elon Musk has sharply disagreed with Twitter’s assessment on bots. Elon Musk formally and forcefully revived his assertion that Twitter Inc. has a serious bot problem, and threatened to walk away from his deal to buy the company if the social network doesn’t do more to prove its users are real people. Legal experts widely … Read more

Forget Twitter. This Musk is into ‘Toe Curling Yumminess.’

Tosca Musk is not particularly interested in space tourism or electric car manufacturing. She is not a rabble-rouser on Twitter who is now buying Twitter. She is not rolling in money, at least not World’s Richest Person money. But she is similar to Elon Musk, her eldest sibling, in at least one way: She is … Read more

Elon Musk Sparks Chaos By Pausing Twitter Deal, Then Insisting It’s On

Fighting fake accounts has been a cornerstone of Elon Musk’s bid to reform Twitter. (File) Elon Musk sowed new chaos into the market over his takeover bid for Twitter Inc. on Friday, first claiming his offer was “temporarily on hold” and then maintaining he is “still committed” to the deal, sending the social media giant … Read more

Elon Musk left a South Africa that was rife with misinformation and white privilege

Elon Musk’s impending takeover of Twitter has many people probing his public statements and his past for clues about how he will shape one of the world’s most public platforms. But Musk, best known for owning the companies Tesla and SpaceX, has not talked much in public about a significant swath of his past: how … Read more

Elon Musk Secures $7.1 Billion In New Financing For Twitter

Elon Musk has sold more than $8.5 billion of Tesla stock to finance the deal. Elon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter Inc. The equity commitments from 19 investors come … Read more

Elon Musk’s grand vision for Twitter faces reality check in Asia

For all the furor about which way Elon Musk might tilt US political discourse emerges after getting the keys to Twitter Inc, his biggest challenges may across the Pacific. Asia, home to more than half the world’s population, is Twitter’s biggest growth opportunity and arguably a far thornier challenge. If the Tesla Inc. And SpaceX … Read more