With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history.

Musk, who now holds $1.3 billion worth of bitcoin on Tesla’s balance sheet, helped Trump get reelected with his campaign rally warnings of looming financial disaster before quitting the administration amid a row over government spending and promising to create his own bitcoin-backing political party.

At the heart of this strategy is Tesla's push toward fully autonomous driving. While robotaxis dominate the conversation around Tesla's AI roadmap, there is another opportunity quietly flying under the radar that could carry even greater implications: Optimus, the company's humanoid robotics project.

The proposed class action contends that the strategy allows the company to engage in 'wage theft' by paying visa-dependent workers less than Americans.

Based on his current ownership of 13% of the company, Musk's Tesla shares are worth about $140 billion. Musk has argued that he needs at least 25% of voting control of Tesla to prevent the company from being taken over as it develops highly sensitive and powerful artificial intelligence technology and robots.

Lebanon has granted a license to Elon Musk’s Starlink to provide satellite internet services in the crisis-hit country known for its crumbling infrastructure. Th

After eight years with Tesla, a senior engineer, Giorgio Balestrieri, has resigned, citing concerns over Elon Musk's leadership and its detrimental im

Larry Ellison briefly eclipsed Elon Musk in wealth on Wednesday, and the Oracle cofounder remains hot on the Tesla chief's heels.