Month: March 2024

Three firms that represented a Tesla shareholder seek record fee from the electric vehicle maker because they benefited from the return of Musk’s stock options The lawyers who successfully argued that Elon Musk’s $56bn pay package was excessive are seeking a record legal fee worth $6bn, payable in the electric car maker’s stock, according to …

Lawyers who had Elon Musk’s pay dismissed as excessive seek $6bn in Tesla shares Read More »

Fairshake Pac pours millions into attack ads against progressive California candidate known for tough stance on crypto industry A Super Pac backed by the crypto industry has spent $10m on ads opposing Katie Porter’s run for US Senate in California, as the young progressive congresswoman fights a tough battle to make it into a November …

Crypto Super Pac spends $10m opposing Katie Porter’s US Senate run Read More »

Lawsuit says chief executive Sam Altman’s deal with Microsoft has broken organisation’s mission Elon Musk has filed a lawsuit accusing OpenAI and its chief executive, Sam Altman, of breaching its foundational mission by putting the pursuit of profit ahead of the benefit of humanity. The world’s richest man, a founding board member of the artificial …

Elon Musk sues OpenAI accusing it of putting profit before humanity Read More »