Tesla to begin Cybercab production in April, Musk claims
Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for “paving the path.”
Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for “paving the path.”
The proposal received more than 75% approval. Musk can earn the $1 trillion in shares over the next 10 years if Tesla hits a number of milestones.
The reversal comes after weeks of pressure from people like Elon Musk, who accused Transportation Secretary Sean Duffy of being ill-equipped for the job.
Elon Musk is pushing for a $1 trillion performance pay package. Another major shareholder has said no.
Despite its imprecision, the fourth “Master Plan” is a centerpiece of Tesla’s case for giving CEO Elon Musk $1 trillion in company shares.
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Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
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The Boring Co. violated state environmental regulations nearly 800 times, many of which occurred after signing an agreement saying it would comply.
One of Musk’s first moves upon buying Twitter was to fire CEO Parag Agrawal, CFO Ned Segal, and top lawyers Sean Edgett and Vijaya Gadde.