Artificial intelligence
Elon Musk, the CEO of Tesla and founder of xAI, has revealed his latest ambitious project, Macrohard, which seeks to replicate Microsoft's software offerings using artificial intelligence (AI) entirely. The tongue-in-cheek named project, filed as a trademark application on August 1, aims to create a range of intelligent
Musk, Elon
Tesla's decision to grant CEO Elon Musk a $29 billion equity package has set off another controversy over executive compensation, with the SOC Investment Group calling on Nasdaq to investigate and take action against the company. The awarded package, known as the 2025 CEO Interim Award, was approved
Chief executive officers
The tech sector has witnessed a remarkable surge in CEO pay packages, with billions of dollars being awarded to top executives. In the US, Tesla's Elon Musk received nearly $30 billion in shares, while Palantir's Alex Karp and Broadcom's Hock Tan were awarded $6.
Electric vehicles
Tesla CEO Elon Musk announced on the social media platform X (formerly Twitter) that the company is training a new Full Self-Driving (FSD) model featuring significant upgrades. With approximately 10 times the number of parameters and improved video compression, this update signals a new phase in Tesla's autonomous
Executive compensation
As the electric vehicle giant struggles with declining sales and growing competition, Tesla's board has introduced a new compensation package worth $29 billion, aimed at securing Elon Musk's long-term commitment. The move comes on the heels of a Delaware court's invalidation of Musk'
Musk, Elon
Tesla's board has approved a new share award for CEO Elon Musk, worth $29 billion, in a bid to solidify his commitment to the company. The award grants Musk 96 million restricted shares, subject to certain conditions, including remaining in a key executive role through 2027 and a
Chief executive officers
Tesla's board has awarded a grant of 96 million shares to CEO Elon Musk, worth approximately $30 billion, in a bid to keep him at the company. This move comes after a 2018 bonus package worth $56 billion was blocked by a Delaware court, deeming it excessive. The
Chief executive officers
NPR reports that Tesla's board of directors has approved a new pay package for Elon Musk worth between $24 and $29 billion, conditioned on his continued leadership of the company for at least two more years. This award is part of a broader compensation plan that has been
Electric vehicles
As part of its August 3, 2025, board meeting, electric vehicle giant Tesla approved a 96 million share restricted stock award to CEO Elon Musk, valued at approximately $29 billion under the 2019 Equity Incentive Plan. The pay package, contingent on Musk's continued service as CEO or in
Chief executive officers
After a US court ruling, Tesla's board has approved a $30bn (£23bn) share award for its CEO, Elon Musk, following a prior pay deal worth $56bn that was rescinded in 2024. The award is seen as a "good faith" payment to Musk after the previous deal
Musk, Elon
As Tesla, the leading electric vehicle manufacturer, struggles with falling sales, political blowback, and an aging product lineup, the company has taken a bold step to keep its CEO, Elon Musk, focused on the company's shifting mission. Tesla has granted Musk 96 million new shares, worth nearly $29
Chief executive officers
Tesla is awarding its CEO Elon Musk with 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package. This decision comes after the electric vehicle maker created a special committee to review Musk'
