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.
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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.
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.
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.
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.
The South-African born billionaire said his replacement at the helm of the social media giant will start the job in around six weeks.
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.
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.
Twitter owner Elon Musk announced new restrictions for verified and unverified users in a bid to address "data scraping & system manipulation."
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.
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.
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.
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