Elon Musk defends his $56 billion Tesla pay package
17 November 2022 |
12:27 pm
Tesla CEO Elon Musk is defending himself in a shareholder lawsuit challenging a compensation package he was awarded by the company's board of directors that is potentially worth more than $55 billion.
Related
Related
15 Mar
Foreign Minister Nabil Ammar has told DW that as a "welcoming country," Tunisia is surprised by the "overexaggerated and unfair" international reactions to a recent speech by President Kais Saied. Some of the president's remarks about sub-Saharan migrants have been widely criticized as inflammatory.
24 Mar
The ex-UK prime minister told parliament that he did not deliberately lie about lockdown-defying parties at Downing Street during the pandemic. If found guilty of wrongdoing, Johnson could lose his parliamentary seat.
21 Apr
While visiting West Africa, Rwandan President Paul Kagame said that Russia had the right to be anywhere in Africa ― as much as any other country. He also accused the West of dragging Africa into its own political issues.
25 Apr
Electric vehicle maker Tesla reported a 24 percent rise in revenue in the first quarter of the year, while also seeing a 24 percent drop in profits. This follows a price-cutting drive in order to gain more market share in an increasingly competitive industry.
13 May
The South-African born billionaire said his replacement at the helm of the social media giant will start the job in around six weeks.
3 Jun
Elon Musk, Chief Executive of Tesla, is making a visit to China this week. As the electric vehicle company's second-largest market and a crucial player in its supply chain, the country holds significant importance for Tesla. After a meeting with the Chinese foreign minister, Musk was reported to have expressed his opposition to the idea of "decoupling" the world's two leading economies.
20 Jun
It was the kind of send-off that Donald Trump and Boris Johnson would surely love: a packed house and a packed piazza outside for the state funeral of Silvio Berlusconi. AC Milan supporters chanted their longtime president's name after the death this week at 86 of Italy's longest-serving leader since World War II.
2 Jul
Twitter owner Elon Musk announced new restrictions for verified and unverified users in a bid to address "data scraping & system manipulation."
29 Jul
Taiwan held drills at its main international airport in Taipei amid concerns over Chinese aggression towards the island. Taiwan's president said the exercises are necessary in order to protect critical infrastructure.
9 Aug
The German carmaker Volkswagen has clawed back the lead in domestic electric car sales from US competitor Tesla. However, both auto brands finished well ahead of their third place market rival.
13 Aug
Tesla owner Elon Musk has said he confirmed an "epic location" for a mixed martial arts cage match with Meta founder Mark Zuckerberg. Any proceeds will be donated to charity.
20 Aug
Activating Hawaii's emergency sirens, primarily used to issue tsunami warnings, could have sent people on Maui from the coast to the burning forests, the head of Maui’s Emergency Management Agency said.
Latest
1 hour ago
Berlin says it has gone further than expected toward delivering funds for climate change to poorer economies. Ministers said it was now up to other developed countries to meet their commitments.
1 hour ago
As Sudan plunged into civil war, the ethnic-African Masalit tribe came under weeks of systematic attacks in West Darfur by the paramilitary RSF and its Arab militia allies.
2 hours ago
In Senegal, despite clear legislative progress towards gender equality and the huge contribution women make to the rural economy, they remain in the minority or even absent from strategic and operational land governance bodies at ‘commune’ level. Furthermore, the legal recognition of the principle of citizens’ engagement in public affairs is not accompanied by any working mechanism to ensure that grassroots communities are able to participate.
2 hours ago
Joe Biden makes history by becoming the first sitting US president to join a picket line, making the UAW autoworkers' strike a major battleground for the 2024 presidential race. Also, French papers take a look at what to expect as the government prepares to unveil a plan to tackle school bullying. We then take a look at reactions to the burgeoning refugee crisis in Armenia, and finish with an Economist special on the new science behind reversing ageing.
3 hours ago
Afghanistan's women's football team might not have qualified for the World Cup in Australia and New Zealand, but the team have found a safe haven down under after the squad fled their country when the Taliban took over again in 2021.
