Tesla Inc
EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters EV maker Rivian on Friday said it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a deal similar to Tesla’s record package for […]
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Stocks fall as consumer sentiment tumbles, tech struggles: Live updates
A trader works during the Evommune Inc. initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 6, 2025. Michael Nagle| Bloomberg | Getty Images Stocks moved lower Friday as technology stocks continued to struggle, putting the major averages on pace for a losing week. The S&P […]
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Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. +$1 trillion The richest man in […]
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CNBC Daily Open: It’s a bad time to be a tech investor — or employee
An Amazon Web Services Inc. office in Herndon, Virginia, U.S., on Thursday, Aug. 29, 2024. Bloomberg | Bloomberg | Getty Images October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology […]
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Southeast Asia’s largest bank CEO warns investors: ‘Buckle up, we’re in for a volatile ride’
Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images With valuations in the U.S. stock market becoming increasingly stretched, the chief executive of Southeast Asia’s largest bank is warning investors to expect turbulence ahead. “We’ve seen a lot of volatility in the markets. It could be equities, […]
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Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says the company will likely need to build a “gigantic” semiconductor fabrication plant to keep up with its artificial intelligence and robotics ambitions. “One of the things I’m trying to […]
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CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
Traders works on the floor of the New York Stock Exchange. NYSE October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology sector was the hardest hit, with 33,281 cuts, almost […]
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Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares. Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors […]
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Tariffs in doubt, Musk’s pay plan, shutdown flight reductions and more in Morning Squawk
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to the White House on November 2, 2025 after taking off from Palm Beach International Airport in West Palm Beach, Florida. Samuel Corum | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five […]
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Elon Musk expected to prevail in Tesla shareholder vote over CEO’s $1 trillion pay plan
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla is expected to announce on Thursday the results of a shareholder vote determining whether CEO Elon Musk should receive a pay package of nearly $1 […]
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