Tesla, Elon Musk
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Tesla CEO Elon Musk asks shareholders to support his proposed $1 trillion compensation package that could give him up to 12% of the company's stock.
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Elon Musk unveils Tesla’s new mission of “sustainable abundance,” envisioning humanoid robots that could one day eradicate global poverty.
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.
In Tesla's Q3 earnings call, Elon Musk got creative in explaining why he needs that $1 trillion compensation package.
Tesla CEO Elon Musk said in an earnings call that the company would begin operating its self-driving vehicles "by the end of the year" in Arizona.
The Austin-based automaker reported record third-quarter revenue of $28.1 billion, up 12% from a year earlier. However, profit plunged 37% to $1.4 billion, marking the company’s third consecutive quarterly decline. Earnings per share were 50 cents, missing analyst estimates by 4 cents.
"I mean, here he is, the major American manufacturer of extraordinary innovation in this space," Kamala Harris said.