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Elon Musk reportedly apologized for 'incorrectly low' Tesla severance packages
Business Insider· 2024-04-18 09:10
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk apologized in an email to some laid-off Tesla employees after their severance packages were found to be "incorrectly low," CNBC reported."As we reorganize Tesla it has come to my attenti ...
Boeing whistleblower said the company threatened him and other engineers to keep quiet about safety concerns
Business Insider· 2024-04-17 19:50
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA veteran Boeing engineer told a panel of lawmakers that he received verbal and physical threats for voicing safety concerns to the company. In a Senate hearing on Wednesday, Sam Salehpour, a vete ...
Why Tesla wants to give Elon Musk a $55 billion pay package
Business Insider· 2024-04-17 17:26
Tesla is seeking shareholder approval for Elon Musk's pay package, which a judge previously struck down.The company argues the package is "critical to the future success of Tesla."The pay plan grants Musk stock options that vest when Tesla hits certain financial targets. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...
Tesla gives Delaware the cold shoulder and pitches a move to Texas
Business Insider· 2024-04-17 15:00
Tesla is done with Delaware.Elon Musk has disapproved of Delaware ever since a judge there ruled against his massive pay package.Now the company wants shareholders to move the company to Texas officially. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms o ...
Tesla's awful 2024 is getting much worse
Business Insider· 2024-04-17 13:28
This post originally appeared in the Insider Today newsletter.You can sign up for Business Insider's daily newsletter here. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Advertisement Half ...
Apple keeps looking for new places to make its stuff that aren't China
Business Insider· 2024-04-17 11:37
Tim Cook discussed manufacturing in Indonesia with president Joko Widodo, Reuters reported.Such a move would help Apple reduce its reliance on manufacturing in China. The Apple CEO also visited Vietnam, another of its manufacturing hubs, this week. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address B ...
Tesla will ask shareholders to vote again on Elon Musk's mammoth $47 billion pay package months after it was voided in court
Business Insider· 2024-04-17 11:22
Elon Musk's mega pay packet will be taken back to Tesla shareholders for another vote.The $47 billion package, first approved in 2018, was voided by a Delaware court in January.A statement filed with the SEC Wednesday says Musk hasn't been paid for his work at Tesla in six years. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...
A Boeing engineer turned whistleblower says the planemaker needs ground all its 787 Dreamliners
Business Insider· 2024-04-17 10:50
Whistleblower Sam Salehpour's concerns about the Boeing 787 and 777 were first made public last week.Salehpour, a quality engineer, told NBC on Tuesday he believes all 787 Dreamliners should be grounded.He added that he wouldn't put his own family on the planemaker's flagship widebody jet. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while ...
Tesla is stuck in the mud
Business Insider· 2024-04-17 09:00
Tesla is having a rough start to the year. The EV maker reported disappointing deliveries for Q1, before announcing sweeping layoffs.With falling demand in the US and increased competition in China, Tesla is in a tough spot. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, yo ...
Elon Musk says Tesla needs a 'complete organizational overhaul' to get to 'the next level' amid mass layoffs at the company
Business Insider· 2024-04-17 03:25
Elon Musk says Tesla has to do a "complete organizational overhaul" every once in a while.This, Musk says, would enable his company "to reach the next level."Musk's remarks come after a round of mass layoffs at Tesla, where it cut more than 10% of staff. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...