Tesla paid Elon Musk 2.5m times more
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A potential merger between Elon Musk’s flagship companies, Tesla, Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp.
Musk’s SpaceX and Tesla have both approved compensation rewards that would add billions to the world’s largest fortune.
Elon Musk wants to build a chip factory so large it dwarfs every structure humans have ever assembled, on a dried-up reservoir outside Houston, for a purpose that sounds more like science fiction than a construction permit.
Similarly, with Musk included, the average S&P 500 chief executives’ pay increased by 1,700 percent from 2024 to 2025—but if you leave Tesla out, the year-over-year pay bump was a comparatively meager 21 percent.
IF Metall said it's suspending its three-year-long industrial action against Tesla after the firm bought out the Swedish union's striking workers.
SpaceX is planning a Texas natural gas plant to power a new chip facility, while gas turbines are already being used for campuses in Tennessee and Mississippi.
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Elon Musk Says This Will Be Tesla’s ‘Biggest Product Ever’—If It Can Solve the Supply Chain Issue
The Optimus robot weighs 154 pounds and is going to be produced where the Model S and X vehicles were made.