Trump and Musk Reunite at Memorial
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Donald Trump and Elon Musk's Conversation Revealed by Lip Reader as They Bury the Hatchet at Charlie Kirk's Funeral
Did Donald Trump and Elon Musk finally put their feud to rest? On Sunday, September 21, the president and the Tesla billionaire were spotted side by side at Charlie Kirk’s memorial service, held at a packed sports stadium in Arizona.
Elon Musk slightly boosted his ownership of Tesla to 12.8%, making a small step toward the 25% target he outlined last year.
For now, the market opportunity for robotaxis is massive, but Tesla is far from the only competitor here. Alphabet's Waymo remains the leader here, and other deep-pocketed operators are getting in the mix as Amazon's Zoox just launched in Las Vegas.
Tesla’s stock is climbing Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion. Shares of the electric vehicle maker rose more than 5% in morning trading.
Tesla shares are on track to snap their longest stretch of gains since May, but investor sentiment seems to be improving as Musk devotes himself more to the EV maker.
Elon Musk purchased $1 billion worth of Tesla shares on Friday, his first open market buy since 2020, as he seeks greater control over the company as it pivots to robotaxis and AI.
Tesla is asking shareholders to approve a pay package that would award 423 million shares to CEO Elon Musk if he hits certain milestones.
The $1 trillion pay package might keep Elon Musk's attention on Tesla, and motivate him to realize its ambitions in robotics, Derek Horstmeyer said.
Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
The Austin company’s stock price jumped and is now up about 1.5% on a year-to-date basis, having recovered from a 45% decline as of early April.
A man accused of damaging three vehicles at a Tesla location in Kansas City in February, the first of two such incidents in the Kansas City metro, was arrested last week near St. Louis.