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Can General Motors' Ultium Drive Help Automaker Get Its Mojo Back?

1 month ago   |   By Forbes

GM's new Erector set of EV components might enable it to regain its place at the cool kids' table despite Elon's Musk's cult of personality
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Elon Musk is set to receive the 4th tranche of his Tesla compensation package worth $3.5 billion

Elon Musk is set to receive the 4th tranche of his Tesla compensation package worth $3.5 billion

1 month ago   |   By Business Insider

Summary List Placement
Tesla CEO Elon Musk is set to receive the fourth tranche of his 12-tranche compensation package that was put in place in 2018.
The electric-vehicle maker surpassed $4.5 billion in trailing 12-month Ebitda with last week's third quarter earnings report.
Musk stands to receive 8.44 million Tesla shares at $70 per share, worth a total of $3.55 billion as of Friday's close.
Visit Business Insider's homepage for more stories .
Compensation secured.
That's what Tesla CEO Elon Musk may have been thinking after the electric vehicle manufacturer reported its third quarter...
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Elon Musk is set to receive the 4th tranche of his Tesla compensation package worth $3.5 billion

1 month ago   |   By Business Insider

Maja Hitij/Getty Images
Tesla CEO Elon Musk is set to receive the fourth tranche of his 12-tranche compensation package that was put in place in 2018. The electric-vehicle maker surpassed $4.5 billion in trailing 12-month Ebitda with last week's third quarter earnings report. Musk stands to receive 8.44 million Tesla shares at $70 per share, worth a total of $3.55 billion as of Friday's close. Visit Business Insider's homepage for more stories. Compensation secured. That's what Tesla CEO Elon Musk may have been thinking after the electric vehicle manufacturer reported its third quarter...
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4 reasons why the S&P 500 will soar 25% by the end of 2022, according to...

4 reasons why the S&P 500 will soar 25% by the end of 2022, according to Goldman's US stock chief

Summary List Placement Goldman Sach's David Kostin told Bloomberg TV the S&P 500 could reach 4600 by the end of 2022, a roughly 25% gain from current levels. The chief US... Read more ...

'California law doesn't apply in Europe': We spoke to the powerful EU...

'California law doesn't apply in Europe': We spoke to the powerful EU enforcer who's about to push Facebook, Google, and Twitter out of their free speech comfort zone

Summary List Placement Facebook, Google, and the wider tech world are bracing for new European rules that target the way they show political ads to users, and how they handle... Read more ...

Fylamynt raises $6.5M for its cloud workflow automation platform

Fylamynt raises $6.5M for its cloud workflow automation platform

Fylamynt , a new service that helps businesses automate their cloud workflows, today announced both the official launch of its platform as well as a $6.5 million seed round... Read more ...

Elon Musk is 'highly confident' SpaceX's Starship will ferry humans to Mars...

Elon Musk is 'highly confident' SpaceX's Starship will ferry humans to Mars by 2026 - four years later than previously hoped

Summary List Placement SpaceX founder and CEO Elon Musk said Tuesday he believes the company could land humans on Mars in 2026 - four years later than he previously hoped. In... Read more ...

Salesforce falls 7% after confirming $27.7 billion Slack acquisition and...

Salesforce falls 7% after confirming $27.7 billion Slack acquisition and forecasting slower growth

Summary List Placement Salesforce shares dipped as much as 6.5% in early Wednesday trading after the company confirmed its $27.7 billion purchase of Slack and guided for its... Read more ...

How TikTok has impacted industries ranging from music to retail to...

How TikTok has impacted industries ranging from music to retail to cybersecurity in 2020, according to an analysis of hundreds of executive interviews

Summary List Placement It's been a noisy year for TikTok. After smashing downloads records at the start of the year, the ByteDance-owned app was blocked in India and later... Read more ...

Nasdaq needs SEC signoff for its game-changing rule on board diversity...

Nasdaq needs SEC signoff for its game-changing rule on board diversity. Here's a look at how it could play out

Summary List Placement A game-changing proposal from Nasdaq aimed at boosting board diversity for listed companies is now in the hands of the Securities and Exchange... Read more ...

Orbit raises $4M for its community experience platform

Orbit raises $4M for its community experience platform

Orbit , a startup that is building tools to help organizations build communities around their proprietary and open-source products, today announced that it has raised a $4... Read more ...

Mexico scores $2.5 billion windfall from oil hedges, report says

Mexico scores $2.5 billion windfall from oil hedges, report says

Summary List Placement Mexico is set to receive a $2.5 billion payout from its annual oil price insurance policy, according to a report from Bloomberg. The $2.5 billion... Read more ...

Massed Brazilian bank robbers attack another city, kill 1

Massed Brazilian bank robbers attack another city, kill 1

RIO DE JANEIRO - A large gang of heavily armed bank robbers invaded the Brazilian city of Cameta just one day after a similar force struck another mid-sized city on the... Read more ...