Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, Wednesday, March 13, 2024. Tesla will ask shareholders to reinstate a US$55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric car maker's corporate home from Delaware to Texas.
Almost immediately after the judge's ruling, Musk did exactly that with Neuralink, his privately held brain implant company, moving its corporate home from Delaware to Nevada. Future growth is in doub and it may be a challenge to get shareholders to back a fat pay package in an environment where competition has increased worldwide and demand for electric vehicle sales is fading.
The shareholder vote is advisory only, but the board wrote that if there is any significant vote against executive pay packages, "we will consider our stockholders' concerns, and the compensation committee will evaluate whether any actions are necessary to address those concerns."Nine people have been arrested in connection with the gold heist at Pearson International Airport last year, Peel Regional Police said Wednesday.
British Foreign Secretary David Cameron said Wednesday that Israel 'is making a decision to act' in response to Iran's missile and drone attack over the weekend, while Iran warned that even the 'tiniest' invasion of its territory would bring a 'massive and harsh' response.It's now up to the federal Liberal government to sell a spending plan it says will help younger Canadians catch up to their elders.
Auston Matthews has one more chance to reach a milestone not touched in nearly three decades. The Maple Leafs sniper was unable to score in Tuesday night's 5-2 loss to the Florida Panthers, leaving him stuck on 69 goals for the season.Canada is expected to win 22 medals at the Paris Olympics A Sudbury woman said her husband was bringing the recycling out to the curb Wednesday night when he had to make a 'mad dash' inside after seeing a bear.British Columbia’s decriminalization pilot project has been a key topic of discussion at various levels of government in recent weeks, with the conversation re-igniting after comments about diversion by a high-ranking officer of the Vancouver Police Department.As the federal government unveiled a housing-heavy deficit budget, B.C.
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