Elon Musk

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  • mickeyrat
    mickeyrat Posts: 44,305
    https://apnews.com/article/elon-musk-tesla-ceo-pay-a4abf5fd79303dd6ed4225c6e35a5d90   Norwegian wealth fund to vote against Elon Musk's Tesla pay package


     
    Norwegian wealth fund to vote against Elon Musk's Tesla pay package
    Today

    Norway's sovereign wealth fund operated by Norges Bank Investment Management said Saturday it will vote against Elon Musk's hefty CEO compensation package during Tesla's annual meeting on Thursday.

    It's the latest pushback over the size of the pay package, which was recently valued by the company at $44.9 billion, but in January had a value of about $56 billion. In May, two big shareholder advisory firms, ISS and Glass Lewis, recommended voting against the package.

    “While we appreciate the significant value generated under Mr. Musk’s leadership since the grant date in 2018, we remain concerned about the total size of the award, the structure given performance triggers, dilution, and lack of mitigation of key person risk,” Norges Bank Investment Management said in a statement on its website. “We will continue to seek constructive dialogue with Tesla on this and other topics.”

    Tesla asked shareholders to restore Musk’s pay package after it was rejected by a Delaware judge this year.

    The fund, called the Government Pension Fund Global, which has a .98% stake in Tesla worth $7.72 billion, voted against the package initially in 2018.

    The fund invests proceeds from the country’s oil and gas industry to secure pensions for future generations in Norway. It is worth 17.80 trillion Norwegian Krone ($1.67 trillion). Because of its sheer size, the fund does not reinvest all its money in Norway, or it would overheat the economy. It invests in 72 countries worldwide.

    The fund also plans to vote for several shareholder policies that management has recommended shareholders vote against, including a proposal to adopt a noninterference policy respecting freedom of association and collective bargaining; adopting a simple majority vote; declassifying the board of directors; and publishing reports on harassment and discrimination prevention efforts.


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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
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  • mickeyrat
    mickeyrat Posts: 44,305


    Tesla issues 2 recalls of its Cybertruck, bringing total number to 4

    moneywatch

    By Khristopher J. Brooks

    Edited By Anne Marie Lee

    June 25, 2024 / 12:53 PM EDT / CBS News

    Tesla is recalling the Cybertruck pickup for the fourth time since it was launched late last year to fix problems with windshield wipers that could fail and trim pieces that can come loose.

    The recall, announced in documents sent to the National Highway Traffic Safety Administration (NHTSA), each affects more than 11,000 trucks. Tesla said its staff first noticed problems with the windshield wipers in February. 

    continues.....
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Halifax2TheMax
    Halifax2TheMax Posts: 41,986
    What else would you expect from the POS from South Africa? And because, you know, these fucks don’t have “enough.”

    Musk, other pro-Trump billionaires have helped shape shooting narrative

    The right-leaning business community on X, including Elon Musk and hedge fund billionaire Bill Ackman, used their megaphones to endorse Trump and fuel storylines about Saturday’s attack.

    A chorus of right-leaning tech and business leaders, led by X owner Elon Musk, used their online megaphones in the wake of Saturday’s attack to criticize the Secret Service’s diversity initiatives, condemn Democratic donor Reid Hoffman, and make unsubstantiated allegations about the shooting.

    The claims by powerful business leaders with large online followings helped influence the direction of platform itself, as well as the storylines viewed by millions of people. Musk’s post endorsing Trump after the shooting received the most engagement of any post on X related to the attempted assassination, said Graham Brookie, the Atlantic Council’s vice president for technology programs and strategy. The post received more than 118 million views and 332,000 retweets, surpassing a post from Barack Obama that said there was “no place” for violence in democracy. By Saturday night, the terms “Deep State” and “antifa” were among the top trending topics across X, formerly known as Twitter.

    Brookie said the political moment marked a “return to primacy” for X — a platform that saw an exodus of left-leaning users after Musk’s acquisition of the service. X, meanwhile, lavished in the attention it had received in the hours after the shooting, postingthe words “global town square.”

    Musk took to X to formally endorse former president Donald Trump’s candidacy after the shooting Saturday, as did billionaire hedge fund owner Bill Ackman, a longtime supporter of Democratic candidates who has been critical of President Biden. Members of Musk’s inner circle, including venture capitalists David Sacks and Shaun Maguire, have thrown their weight behind Trump in recent months, but Musk appeared to hold out. Like Ackman, he supported Biden in 2020, and the shift from both men underscores how significantly the political landscape in business and tech has transformed in just a few short years.

    Musk, turning to a familiar refrain of his, appeared to point the finger for the security breach at Diversity, Equity and Inclusion efforts — amplifying a post that ridiculed the U.S. Secret Service’s director for what it called “diversity hires.” The argument is being made on many right-wing political accounts, which have also called out individual female secret service agents. Musk had previously directed that argument at the airline industry, drawing condemnation over the insinuation that diversity efforts left the skies less safe, news outlets reported.

    “It will take an airplane crashing and killing hundreds of people for them to change this crazy policy of DIE,” Musk wrote, in what appeared to be a deliberate misspelling.

    Musk, along with Sacks — an investor friend, podcast host and Trump supporter — used the platform to vilify influential Democrat and fellow Silicon Valley titan Reid Hoffman.

    Musk taunted Hoffman, referencing a spat that took place earlier in the week between Hoffman and billionaire investor Peter Thiel at Allen and Co. Conference in Sun Valley, Idaho.

    While onstage at the conference, Hoffman reportedly took Thiel to task for his support of Trump in previous elections. According to the outlet Puck, Thiel sarcastically thanked Hoffman for funding lawsuits against Trump because they had turned him into “a martyr,” increasing his reelection odds. Hoffman then retorted, “Yeah, I wish I had made him an actual martyr.”

    The Reid Hoffman’s of the world got their dearest wish … but then the martyr lived,” Musk wrote on Saturday, in a post that garnered around 24 million views.

    Sacks, the “All-In” podcast host who endorsed Trump earlier this year after supporting several rival candidates, recently held a fundraiser for Trump in San Francisco (Musk did not attend). Sacks also took Hoffman to task for his martyr comment.

    Hoffman, in a statement posted to X on Sunday, condemned political violence and said his words had been taken out of context. Hoffman said he’d told Thiel he’d “wished that Trump would martyr himself — meaning let himself be held accountable — for his assaults on and lies about women. Of course I meant nothing about any sort of physical harm or violence, which I categorically deplore.”

    The post garnered around a million views by Sunday afternoon, a fraction of the reach of Musk’s original claim.

    Musk, who has been encouraged by his inner circle to endorse Trump but had wavered until recent days, is the most followed person on his platform, with about 190 million followers.

    But even as Twitter has emerged as a powerful destination for people seeking information and perspectives during a confusing political moment, changes that have been made to the platform since Musk’s takeover made it more challenging to find accurate information, Brookie noted.

    Users can now pay for blue check marks — which were once a badge reserved to identify public figures and journalists — making it more difficult to discern the source of claims on the platform. The word “staged” and other topics related to conspiracy theories also trended. “It’s a much more polluted information environment,” he said.

    https://www.washingtonpost.com/technology/2024/07/14/elon-musk-billionaires-trump-shooting-dei-antifa/

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  • mickeyrat
    mickeyrat Posts: 44,305
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,305

    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • OnWis97
    OnWis97 St. Paul, MN Posts: 5,609
    Elon is purchasing preferential government treatment in plain sight.
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  • mickeyrat
    mickeyrat Posts: 44,305

    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Halifax2TheMax
    Halifax2TheMax Posts: 41,986
    Now, that’s a guy I want to buy a car from. Calli, won’t let the door hit you on the way out. Tejas deserves Elongitaint. His own flesh and blood. Father of the Decade Awardee, right here.

    In the Peterson interview, Musk said he considers his child “dead” following her transition. In his X post, Musk also said Wilson was “not a girl.”

    https://www.cnn.com/2024/07/25/tech/elon-musk-daughter-vivian-jenna-wilson-criticizes-posts/index.html
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  • Halifax2TheMax
    Halifax2TheMax Posts: 41,986
    Now tell us again about the party of family values and pro-life. These fucking people are awful. 
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  • mickeyrat
    mickeyrat Posts: 44,305
    wonder how true this is....

    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • curmudgeoness
    curmudgeoness Brigadoon, foodie capital Posts: 4,130
    mickeyrat said:
    wonder how true this is....



    I'm looking for a better source, but this is from "Mashable" https://mashable.com/article/twitter-x-revenue-falls-x-payments-plans
    All those who seek to destroy the liberties of a democratic nation ought to know that war is the surest and shortest means to accomplish it.
  • Halifax2TheMax
    Halifax2TheMax Posts: 41,986
    Correction regarding being booted from X.

    https://www.instagram.com/p/C-A3yZiObH6/?igsh=NnJjcXQwOXo0MG5k
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,144
    interesting....I had seen someone theorize that it appeared to be an account deletion rather than a suspension. Nice to know that Musk didn't go there.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

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  • mickeyrat
    mickeyrat Posts: 44,305
    Tesla issues software fix for 1.8 million vehicles over hood latch issue

    https://www.washingtonpost.com/business/2024/07/30/tesla-recall-hood-latch/

    Tesla issues software fix for 1.8 million vehicles over hood latch issue
    By Aaron Gregg
    July 30, 2024 at 9:00 ET
    Tesla has issued a software fix to the vast majority of its U.S. vehicles over the risk that the car’s software could fail to detect an unlatched hood, which could fly open and obstruct the driver’s view, according to the National Highway Traffic Safety Administration.
    The over-the-air-update, formally described by NHTSA as a product recall, applies to more than 1.85 million vehicles from model years 2017 through 2024 across the Model S, Model X, Model 3 and Model Y product lines, as well as certain Model S and Model X vehicles from earlier years.
    It’s the latest large-scale product recall involving software problems for Tesla. The company issued software updates for almost all of its U.S. vehicles last December, to add more safeguards for its Autopilot system, and in February to address a problem with font sizes on its instrument panel.
    The company began investigating the issue in March after it received complaints from drivers in China, according to a NHTSA recall report. A month later it identified the problem as having to do with “latch switch deformation,” and an investigation determined that the problem occurred more often in China “for reasons unknown,” as compared to North America.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,305
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,655
    Elon Musk has 232.1 billion USD.  Wrap your head around that
    "It's a sad and beautiful world"
    -Roberto Benigni











  • Halifax2TheMax
    Halifax2TheMax Posts: 41,986
    brianlux said:
    Elon Musk has 232.1 billion USD.  Wrap your head around that
    Fuck Elongitaint. How much does a POTUS cost? Less than a billion. An expenditure as such with resources such as they are, has no impact on Elongitaint but certainly has an impact on the rest of us. Fuck him.
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  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,655
    brianlux said:
    Elon Musk has 232.1 billion USD.  Wrap your head around that
    Fuck Elongitaint. How much does a POTUS cost? Less than a billion. An expenditure as such with resources such as they are, has no impact on Elongitaint but certainly has an impact on the rest of us. Fuck him.

    I hear ya!  

    I hope you're right and all that money does not buy a king.  I am hoping for a President.

    Say what will they call her?  Mrs. President?  Madam President?  Not that I care, as long as it's President Harris!
    "It's a sad and beautiful world"
    -Roberto Benigni











  • mickeyrat
    mickeyrat Posts: 44,305
    gift article...

    https://wapo.st/3yvVeEP

    Elon Musk moves X out of San Francisco. City leaders shrug.
    By Trisha Thadani
    August 05, 2024 at 20:27 ET
    SAN FRANCISCO — After 18 years, Elon Musk will move X, formerly known as Twitter, out of San Francisco, according to Mayor London Breed’s office. The social media company has a long history with the city, but the billionaire entrepreneur, who acquired the platform in 2022, has often used it to bash the city’s progressive politics and homelessness crisis.
    The social network’s departure will mark the end of an era for San Francisco’s downtown Mid-Market neighborhood, where city officials once courted tech companies with incentives dubbed the “Twitter tax break.” Musk made deep cuts to Twitter’s workforce when he acquired the company in October 2022, and X only has about 120 employees left in San Francisco, said a person familiar with the company’s plans, speaking on the condition of anonymity to discuss company plans they were not authorized to disclose. The employees will be moved to office space in San Jose and Palo Alto, where Musk’s AI start-up, xAI, operates out of, the person said, and the company will conduct a survey to figure out where individual employees want to work.
    Ted Egan, San Francisco’s chief economist, said that while Twitter and its workforce were once an important driver of foot traffic in the Mid-Market neighborhood, X never served the same role. He attributes that to the work-from-home policies of the pandemic and Musk’s mass layoffs. “You never like to see a company move out of town, but it’s a much smaller company now, its future is uncertain and sometimes you have to look forward,” he said.
    “We may have gotten the most out of it that we were ever going to get,” Egan added.

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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
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  • mickeyrat
    mickeyrat Posts: 44,305
    fucking hypocrite
    Musk embraces Trump and scorns subsidies. But Tesla still lobbies for US benefits - https://www.reuters.com/world/us/musk-embraces-trump-scorns-subsidies-tesla-still-lobbies-us-benefits-2024-08-12/
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14