Elon Musk is teasing a potential release of flying cars. The CEO of Tesla appeared on the Joe Rogan Experience on Friday and made a reference to how Peter Thiel once said that "the future was supposed to have flying cars," which don't exist on the streets - or in the air - at the moment. When host Joe Rogan followed up and asked Musk if heis "actively considering" making an electric flying car, and if the vehicle would have retractable wings.
I am sure you are waiting to learn the results of last week's poll. (Reminder: Sign up for the Mobility newsletter to participate in our polls!) Here is what I asked: "What is the best business model for autonomous vehicle tech? (Keep profitability in mind.)" Far and away, readers think longer-haul delivery is the best bet, with 40% picking this option.
After months of being relatively quiet following his resignation from the Department of Government Efficiency and subsequent fallout with President Donald Trump, Musk slammed proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis. "I just don't feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis, who have no freaking clue," Musk said. "I mean, those guys are corporate terrorists."
In order to unlock the full amount of shares proposed in this compensation plan, Tesla's value would need to increase dramatically to $8.5 trillion. As Tesla's proxy statement points out, that would make Tesla roughly 2x as valuable as the most valuable company in the world (Nvidia) today. Arguably, growing Tesla's value to double the value of Nvidia would justify paying Musk something like double the compensation of Nvidia's CEO.
Because after another turbulent morning of closely following the rough-and-tumble contest to become the next NASA administrator, I sure could use one. What has happened now? Why, it was only SpaceX founder Elon Musk, who is NASA's most important contractor, referring to the interim head of the space agency, Sean Duffy, as "Sean Dummy," and suggesting he was trying to kill NASA. Musk later added, "The person responsible for America's space program can't have a 2 digit IQ."
The pay package aims to lock in Musk to the CEO role at Tesla for the next decade, as it will only be paid in full if he is able to unlock each tranche based on company growth, which will reward shareholders. However, the sum is incredibly large and would give Musk the ability to become the first trillionaire in history, based on his holdings. This is precisely why ISS is advising shareholders to vote against the pay plan.
Elon Musk said he was going to donate to Rep. Thomas Massie in July. As of the end of September, it hasn't happened yet. The Kentucky Republican's campaign filed its latest quarterly report with the Federal Election Commission on Wednesday, and Musk's name appears nowhere among the various campaign donors listed in the document. The report covers all of the Massie campaign's donations and spending from the beginning of July through the end of September.
The Tesla and SpaceX CEO broke a three-year quiet streak on bitcoin early Tuesday, commenting on an X post from financial outlet ZeroHedge that tied surging gold, silver, and Bitcoin prices to global monetary "debasement" driven by artificial intelligence spending. "True," Musk replied. "That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy."
"Absolutely, there are people I don't like," she told interviewer and TV writer Brad Falchuk, "and I would like to put them on one of Musk's spaceships and send them all off to the planet he's sure he's going to discover."
The Southern Poverty Law Center long ago abandoned civil rights work and turned into a partisan smear machine, Patel wrote on X about the civil rights watchdog group. Their so-called hate map' has been used to defame mainstream Americans and even inspired violence. That disgraceful record makes them unfit for any FBI partnership. The connection between the group and the FBI is officially terminated, Patel made clear.