The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.
Facing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially give him everything he wanted, including the biggest pay package in corporate history.
If setbacks in court and the car market have induced any soul searching among Tesla’s board, there was […]
Tesla Seeks to Revive Musk's $47 Billion Pay Deal With New Shareholder Vote
Mitt Romney, senators release proposal to limit potential risk of artificial intelligence
WASHINGTON — Utah Sen. Mitt Romney and several Senate colleagues on Tuesday announced an outline to protect against the potential risks posed by artificial intelligence — including biological, chemical, cyber and nuclear threats — by enhancing federal oversight of future cutting-edge developments in the technology.
The bipartisan group of senators — including Romney, a Republican, along with Sens. Jack Reed, D-Rhode Island, Jerry Moran, R-Kansas, and Angus King, I-Maine — outlined […]
Mitt Romney, senators release proposal to limit potential risk of artificial intelligence
Tesla Will Lay Off More Than 10% of Workers – The New York Times
Along with the departure of a senior executive, the cuts added to signs of turmoil at the electric car company.
Signs of turmoil at Tesla multiplied on Monday after the electric car company told employees it would lay off more than 10 percent of the work force to cut costs and a longtime senior executive announced his resignation.
The job cuts, amounting to about 14,000 people, come as the company faces increasing competition and declining sales.
“As we prepare the company for the next phase […]
Tesla Will Lay Off More Than 10% of Workers – The New York Times