Musk, Elon – Page 24

Americans Are Realizing Tesla Isn’t the Only Electric Car

As Elon Musk’s politics turn off potential customers, many rival vehicles are coming to market.

The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.

Sales contracts prevent buyers of the company’s electric cars from pursuing class-action suits if something goes wrong.

Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.

Firing people. Talking of bankruptcy. Telling workers to be “hard core.” Mr. Musk has repeatedly used those tactics at many of his companies.

Musk, Bezos, Bankman-Fried, Trump: some of our most prominent billionaires laid waste to their carefully cultivated image as benevolent saviors.

The billionaire chief executive testified about a multibillion-dollar compensation package the electric car company’s board put in place in 2018.

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.

The tech industry, long considered a bastion of progressivism and social liberalism, is moving to the right.

Shares of the company slumped as investors worried about increasing competition.