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Tesla Stock Drops as Glass Lewis Urges Shareholders to Reject Musk Pay Package
Proxy advisory firm Glass Lewis added some drama to the coming Tesla annual shareholder meeting.
Is this year's Tesla shareholders' meeting “full of smoke”? These two major things will be decided
Whether Musk's $56 billion compensation plan passed, and whether the company's place of registration moved from Delaware to Texas.
The biggest B-round financing in history! Musk's xai sets a new VC record
Author of this article: Lee So-in Source: Hard AI On May 26, Musk's AI startup XAI announced that it had completed the largest B-round of financing in history in May, reaching 6 billion US dollars. xAI was founded in March 2023. According to Pitchbook data, the company's initial financing was in January 2024, amounting to US$135 million. This is the second price-priced equity financing. Looking at the venture capital market as a whole, $6 billion can also be called a huge amount of financing. According to Morgan Stanley's latest research report, compared to other industries, the amount of financing of 6 billion US dollars exceeds today
Lucid CEO Peter Rawlinson Thinks Elon Musk's Tesla Seems 'Distracted' And 'Kind Of Losing Its Way' — Says It Used To Have 'The Cutting Edge' During His 3-Year Stint
Lucid Group Inc (NASDAQ:LCID) CEO Peter Rawlinson on Monday took a jab at rival EV maker Tesla, Inc. (NASDAQ:TSLA), opining that the latter has lost focus over the years.What Happened: Rawlinson was e
Nobel Prize winner criticizes Google search for “degeneration”: AI is making it worse
Nobel laureate in economics Paul Krugman recently expressed his concerns about Google and other search engines, saying that the quality of their search results is declining, making his job more and more challenging. On Tuesday, Krugman expressed his disappointment with the degradation of Google and other search engines on the social platform X. “There's a lot of news about the degradation of Google and other search engines. This is real and makes my job difficult.” he said. Krugman often tracks down reports for his work, but as the quality of search results continues to decline, he finds it increasingly difficult to do so. He also criticized artificial intelligence, calling it “better than nothing
Delaware Judge Who Voided Elon Musk's Pay Package Assured Tesla Won't Fight Her Ruling Elsewhere: 'Give Me Great Comfort'
Chancellor Kathaleen McCormick, the Delaware judge who nullified Musk's $56 billion pay package, said that she is assured Tesla Inc. (NASDAQ:TSLA) will not challenge the ruling on CEO Elon Musk's pay