Tuesday, December 24

Tag: elon musk

Elon Musk dealt $155 billion blow by judge over Tesla pay package

Elon Musk's record-breaking pay package for serving as Tesla's CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion (approx $AUD155 billion) based on Tesla's closing share price Monday, is made up of 303 million Tesla stock options. It had been previously thrown out in January by the same judge, Delaware Chancery Court Chancellor Kathaleen McCormick. Elon Musk's $155 billion-dollar pay packet has been blocked by a judge. (CNN) The package was worth around $56 billion ($A85 billion) at the time the judge threw out the package. At the time, McCormick ruled in favour of the main shareholder in the suit who challenged the package, arguing that Musk and the Tesla bo...

Elon Musk publicised the names of government employees he wants to cut. It’s terrifying federal workers

When President-elect Donald Trump said Elon Musk and Vivek Ramaswamy would recommend major cuts to the federal government in his administration, many public employees knew that their jobs could be on the line. Now they have a new fear: becoming the personal targets of the world's richest man – and his legions of followers. Last week, in the midst of the flurry of his daily missives, Musk reposted two X posts that revealed the names and titles of people holding four relatively obscure climate-related government positions. Elon Musk, here on October 17, publicised the names of government employees he wants to cut. (Rachel Wisniewski/Reuters via CNN Newsource) Each post has been viewed tens of millions of times, and the individuals named have been subjected to a barrag...

Trump watches on as SpaceX calls off catch attempt as booster splashes down to Earth

Just weeks after SpaceX stunned audiences with a precision landing of a giant rocket booster, the company has kicked off another test flight of the most powerful launch vehicle ever built. SpaceX again planned an attempt to steer the booster back into the mechanical arms — or "chopsticks"— of a launch tower, but did not meet the required criteria and has abandoned today's attempt of the booster catch. The nearly 121-metre Starship system took flight on November 19 from the company's Starbase facility near Brownsville, Texas. President-elect Donald Trump listens to Elon Musk at the launch of the sixth test flight of the SpaceX Starship rocket in Boca Chica, Texas. (AP) The two-stage megarocket — which features the Starship spacecraft stacked atop the Super Heav...

Trump put Musk on phone with Zelenskyy during congratulatory call, official says

President-elect Donald Trump put billionaire Elon Musk on the line with President Volodymyr Zelenskyy when the Ukrainian leader called to congratulate the incoming US president, according to a Ukrainian official with direct knowledge of the phone call. The person, who was not authorised to comment on the matter publicly, confirmed that Zelenskyy and Musk spoke during the call with Trump, but that Musk did not appear to be on the line for the entire conversation on Wednesday. Trump seemingly handed his phone over to Musk, the person said, and the Ukrainian president thanked the SpaceX owner for assisting his country with access to the Starlink satellite internet platform. The person, who was not authorised to comment on the matter publicly, confirmed that Zelensky...

On the first day without X, many Brazilians say they feel disconnected from the world

The blocking of social media platform X in Brazil divided users and politicians over the legitimacy of the ban, and many Brazilians have had difficulty and doubts over navigating other social media in its absence. The shutdown of Elon Musk's platform started early today, making it largely inaccessible on both the web and through mobile apps after the billionaire refused to name a legal representative to the country, missing a deadline imposed by Supreme Court Justice Alexandre de Moraes. The shutdown of Elon Musk's platform started early today. Musk pictured in 2020. (AP) The blockade marks an escalation in a monthslong feud between Musk and de Moraes over free speech, far-right accounts and misinformation. Brazil is one of the biggest markets for X, with tens...
Elon Musk details prescription ketamine use in axed interview

Elon Musk details prescription ketamine use in axed interview

Elon Musk said he is "almost always" sober during his late-night — or, in some cases, very early morning — posting sessions on his social media platform, X. The billionaire Tesla CEO's comment was made in an interview with journalist Don Lemon, during which Musk discussed his use of the medication ketamine. Musk, who is known for his often erratic behaviour, has faced scrutiny following recent reports about his alleged drug use and the potential impact on his companies. Elon Musk was asked about smoking cannabis on 'The Joe Rogan Experience' and his ketamine prescription. (The Don Lemon Show) "There are times when I have sort of a … negative chemical state in my brain, like depression I guess, or depression that's not linked to any negative news, and ketamine is hel...
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