Archive September 5, 2025

Tesla proposes trillion-dollar compensation package for CEO Elon Musk

Elon Musk’s compensation has been approved by the electric car company’s board, which could make him the world’s first trillionaire. However, if he complies with a number of high-performance standards over the next ten years, the company’s board will approve it.

In addition to the company’s regulatory filings, the proposal went public on Friday.

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One of Musk’s eye-popping pay packages from 2018 is still the subject of a legal battle because he is already regarded as one of the wealthiest businessmen in the world.

The most extensive corporate pay package in American history would likely be the latest proposal, however, if approved.

On November 6th, Tesla’s shareholders will vote on the compensation plan. A committee of independent directors had already been examining the plan, according to the regulatory filing.

“This is a incredibly large pay package. It raises a lot of questions, according to Boston College Law School professor Brian Quinn.

Quinn continued, “I have no doubts about the shareholders’ decisions.”

I believe Tesla will approve this package given that the stock price is essentially all vibes and appears to have very little to do with actual performance.

Tesla’s executives made the claim in the regulatory filing that Musk deserved a higher compensation package despite the carmaker’s recent setbacks on Wall Street.

According to the filing, “Traditional compensation packages offered to executives at other companies were deemed insufficient for designing Mr. Musk’s incentive compensation.”

What are the definitions?

Musk would have to meet lofty goals for Tesla in order to receive the trillion-dollar pay package, which would include lowering its slumping sales and increasing its overall value and car production over the course of ten years.

Musk would need to raise Tesla’s stock price to $ 2 trillion in the near future. Tesla would need to have reached an $8.6 trillion valuation by the time the plan is complete.

The company’s current assets total about $1.03 trillion, roughly the same as the proposed compensation package.

By the 10-year mark, Tesla would have delivered a total of 20 million vehicles. Just under 2 million vehicles were delivered by the business last year.

One million artificial intelligence (AI) bots will be delivered and one million self-driving robotaxis will be operational as benchmarks.

Musk would also need to create a long-term “framework” to name a successor to Tesla’s CEO as part of the 10-year plan.

Tesla shares would be used to represent all of Musk’s compensation in the proposed pay package, according to performance metrics. He wouldn’t get any bonuses or salaries.

Any shares he earns must remain with the business for at least seven and a half years in order for him to be able to cash out. He would be eligible for the entire sum if he stays until 2035, for the full ten years.

Musk currently owns roughly 13 percent of Tesla’s stock. His reach is increased by the plan by 12 percent. He would have more authority at shareholder meetings if he did that.

Tesla’s CEO Elon Musk has been the subject of protests [Taylor Coester/Reuters]

Tesla has sought to make a sizable recompense for Musk’s leadership at the automaker before.

Tesla unveiled a comparable 10-year plan in 2018, which would have awarded Musk roughly $55.8 billion in stock and other awards at the time.

However, that pay arrangement has been involved in litigation after a Delaware stockholder raised the dispute. That compensation package was also voided twice because of concerns that Musk, who purportedly put his finger on the scale, might have misled it.

Tesla’s shareholders voted to reinstate the pay package in June 2024 after the company filed an appeal with the Delaware Supreme Court.

Musk’s board approved an interim compensation package worth about $29 billion in stock, with the condition that he continues to serve as CEO until 2030, as well.

Tesla moved its business incorporation from Delaware to Texas last year, according to speculation to help avoid additional legal difficulties.

In recent months, Musk himself has been subject to scrutiny because of how closely he and Donald Trump are related.

Protests in Spain show Elon Musk as a baby with an
Elon Musk is pictured with a Trump-themed bib during a protest in Seville, Spain, on June 29. [Claudia Greco/Reuters]

Musk’s political goals

Musk endorsed the Republican leader’s re-election campaign and poured his resources after an assassination attempt against Trump in July 2024.

Trump accepted Musk as a close advisor in return. Trump announced that Musk would lead the Department of Government Efficiency, or DOGE, a new government organization that would be akin to the dog meme Musk is associated with, shortly after winning the election in November.

Trump’s re-election came at a record high for Tesla shares last year.

However, his efforts to support far-right parties in Europe, particularly ahead of Germany’s federal election in February, were met with criticism as a result of his brief tenure as a “special government employee.”

After Musk took a leading role in the federal government’s mass layoffs and the alleged collapse of several independent agencies, including the US Agency for International Aid (USAID), protests erupted outside Tesla dealerships in the US.

Some critics questioned whether Musk might have a conflict of interest in attacking particular organizations, such as the Consumer Financial Protection Bureau, or having access to troves of government data that might be tapped to aid his businesses.

However, special government employees are only allowed to spend 130 days a year in the government.

By the time Musk and the Republican president’s term in office came to an agreement over the One Big Beautiful Bill, a massive spending bill that Trump had attempted to pass.

In a public exchange of insults, Musk threatened to launch his own rival political party, the America Party, after the bill passed in July as being fiscally irresponsible.

The tumult, as well as the rise in competition from rival electric car manufacturers, is credited with causing Tesla shares to drop 25% this year.

Sales in the European Union decreased by about 40% in July, while BYD, its Chinese rival, increased.

Raducanu withdraws from BJK Cup to focus on tour matches

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Emma Raducanu, the reigning British champion, has decided to leave the team for the Billie Jean King Cup Finals this month so she can play on the WTA Tour instead.

After accepting a wildcard for the Korea Open in Seoul, Raducanu has chosen to play for her country in the eight-team finals in Shenzhen, China.

The 22-year-old believes that playing on tour will help her develop her game over the long run and aid her newly formed partnership with new coach Francisco Roig.

Roig and Raducanu met in Cincinnati last month and traveled to New York, where they advanced to the third round of the US Open.

In order to train with her then-coach Mark Petchey in Los Angeles, Raducanu also missed the April Billie Jean King Cup qualifying round in The Hague.

Given that Raducanu won all three of her singles matches when GB advanced to the semi-finals of the competition in Malaga last year, the decision is a significant blow to Britain’s chances of success in Shenzhen.

The remaining three members of the team, including compatriots Katie Boulter, Sonay Kartal, and Jodie Burrage, are available from captain Anne Keothavong with two more additions.

The team, which will first face Japan in a quarter-final tie on September 18, has a very high chance of adding the world’s 89-year-old Fran Jones.

Ironically, the International Tennis Federation changed the finals date by two months to try to draw in more elite players.

Players were anticipating a run of tournaments in Asia in Shenzhen before going back to China in November after the regular season was over.

After reaching the quarter-finals last year, Raducanu will have ranking points to defend in Seoul. The 36-year-old already has a good chance of being chosen to play at the Australian Open in January, where she will defend her title this year.

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‘Nobody else to fight’ – Aspinall booed in Paris

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As he was repeatedly booed by fans in Paris, Tom Aspinall almost gave up answering questions at his press conference with Ciryl Gane.

On October 25 in Abu Dhabi, the 32-year-old fights Frenchman Gane for the title of UFC heavyweight champion.

Aspinall’s opening remarks were drowned out by the partisan crowd after he had already defeated three of the division’s top five contenders.

The Englishman began to say, “I mean, there was nobody else to fight,” before giving in to the cheers.

“Ciryl, you just do your thing, I’ll just chill out.”

On Saturday, the UFC held a fight night in Paris, and Gane used that opportunity to promote him in front of his home fans on Friday.

The French capital has a reputation for being a MMA hotspot, with recent years producing some of the best atmospheres in European competitions.

Aspinall is more well-known for his fans to chant his name at media events, especially now that he has won the title from a projected saga with American Jon Jones.

However, Aspinall was able to offer some opinions on his rival, who is also 6’5″ tall, after Gane responded to questions.

“I can knock anybody out if I hit anyone.” He claimed that Cindy is not a one-time exception. His ground game has some flaws, but I’m confident he’s improved.

It’s unusual for two heavyweights of our size to move as much as we do. The heavyweight era has dawned.

After losing titles to Jones and Francis Ngannou in 2022, Gane, 35, is optimistic that a third time will make it possible to win the UFC belt.

After being dominated and submitted by Jones in their match, the former interim champion has received criticism for his ground game.

According to Gane, “Tom is the defending champion, and he is the man to beat.”

He has never engaged in combat with me. I bring something new. “

What data are gathered from this quiz?
Tom Aspinall and Michael Bisping Images courtesy of Getty
Tom Aspinall faces off with Ciryl GaneImages courtesy of Getty
Tom Aspinall holds his UFC belt standing beside Ciryl GaneImages courtesy of Getty

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Ready or Not actress gushes over husband as couple chat horror comedy Borderline

Weaving plays a pop star whose stalker breaks into her home, as depicted in the horror-comedy Borderline, which The Mirror interviewed Samara Weaving and Jimmy Warden about.

Samantha Weaving has lifted the lid on her latest movie alongside her husband(Image: Amazon Prime)

The Mirror U.S. sat down with Samara Weaving and Jimmy Warden, husband and wife, to discuss their newest venture, Borderline.

The comedy thriller stars Samara as Sophia, a ’90s pop sensation whose obsession with Paul, played by the outstanding Ray Nicholson, encircles her home and tries her best to marry her using whatever means is necessary. Jimmie Fails, Eric Dane, and Alba Baptista are among the cast’s other notable performers.

Samara and Jimmy discussed how to balance comedy and horror elements, from how they acted as a couple to how they came to be a creative force behind the project. On Peacock, which airs in the United States on September 8th, 2018, will be streaming of Borderline.

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With her standout performance in Ready or Not, Samara’s recognition as a mainstream talent and horror icon solidifies her status as a true Scream Queen. The Borderline screenplay and Jimmy’s screenwriting for the 2023 horror-comedy Cocaine Bear received awards on The Black List.

The pair first met on the set of Netflix’s 2017 slasher The Babysitter before exchanging vows in 2019, reports Mirror US.

According to Jimmy, they are “pretty good at putting on different hats” depending on the circumstances, especially since their relationship began on set and both understand the realities of show business life. The pair’s extensive research of each other’s quirks is invaluable for professional collaboration, according to the pair.

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Borderline stars Samara Weaving and Ray Nicholson.

“I’ll say, though, that the shorthand is fantastic. Jimmy wrote, “Agree, you look at me like you’re really annoyed,” in a note that Samara had left his wet towel on the bed. Yes . Give me a death stare. ‘”.

Jimmy continued by describing how their marriage strengthens their professional partnership because it enables them to take more daring, imaginative risks.

In a utterly endearing display of mutual admiration, the couple couldn’t stop sung one another’s praises during our conversation.

Jimmy explained that he had thought about Sophia’s character when we were talking about her. I was aware that no one could play the role more well than she could, and two because it would be fun.

She watches all of her cool movies and occasionally throws me a bone, he said in a grin.

Samara, on the other hand, praised Jimmy’s ability to write well and explain how his words helped her deliver her best performances and create the atmosphere that the finished product embodies. The director acknowledged that Madonna served as “the point of inspiration” for Sophia’s character and the developing plot when discussing the movie’s inspiration.

The pop star confronted a terrifying fan who was obsessed with marrying the superstar and threatened to kill her during his 1996 court case.

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Ray Nicholson resembles his father Jack in many ways.

The stalker later escaped from the mental hospital where he was being treated, a scene that resembles Paul from Borderline, which also has its title with a Madonna song from the film, which was later reimagined by The Flaming Lips.

Because that night just seemed like it was stranger than fiction, Jimmy explained, “I’ve always been sort of fascinated by that night.”

She had a fling with Dennis Rodman in that time, I also became aware of. What if these two nights were the same, I thought to myself, “Okay, what if they were the same?” He alludes to Jimmie Failes’ character DeVante Rhodes, a professional basketball player with bleached hair who ends up in a wedding gown in the movie. The director cited as primary inspirations for Borderline movies Scorsese’s The King of Comedy, and Misery.

We were just sort of attempting to combine all of these tones into one character, Paul, to make him feel. And I believe that he adores Sophia despite everything.

Samara and Jimmy’s co-stars praised Ray Nicholson, the son of Jack Nicholson, for his hard work and spontaneous improvisations.

Borderline skillfully combines unexpected comedy with terror, particularly in the memorable fight between Sophia and Penny, which Alba Baptista portrays.

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At a gathering, Jimmy Warden and his wife Samara Weaving.

Jimmy delved into the difficulty of combining humor and grave themes, saying, “If we’re trying to create some sort of empathy and compassion for this guy that is doing it, I feel like if the crux of why he’s doing it comes from passion and love, then it’s a little easier to get there by the end. You kind of fall in love with someone if you make them laugh.

He further explained that some of the material is simply genuine reactions because of Ray’s style of play. And Sam allows the audience to sort of exhale in “This is insane” at specific points, but her being odded out in some of the subtler moments helps the audience to “settle a little bit” into the movie’s tone.”

Continue reading the article.

Samara remarked, “I mean, I think the script did that, it’s a really difficult tone to follow.” However, I believe it is as a result of your response to some of Paul’s statements and actions. The page had a very clear tone. My job was made very simple because the script’s tone was so crystal clear.

The duo made fun of potential future joint ventures, but they kept their names a secret. Carolina Caroline, Samara’s most recent film, is scheduled to premiere at the Toronto International Film Festival this week.

Yorkshire sign India batter Agarwal for run-in

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Till the end of the season, Yorkshire has signed former Indian star Mayank Agarwal.

The 34-year-old opener started 21 Test matches for India and recorded 4 centuries on average of 41.33.

He will join the squad for the County Championship game against Somerset on Monday at Taunton, and he will play there the rest of the 2025 season.

Mayank will be a big hit in Yorkshire, according to Gavin Hamilton, the club’s general manager of cricket.

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How to see David Bowie’s secret final project as late icon’s last piece of art unearthed

The Life On Mars singer’s passing was the result of a project that was so secret that not even his closest friends knew of it.

David Bowie’s secret final project goes on display this month(Image: Getty Images)

Late singer David Bowie ‘s secret final project has been revealed and will be made available to the public in a museum display.

Even his closest friends weren’t aware of the musical until after he passed away because he had begun producing it months before his death.

The Spectator features music from London in the 18th century. Bowie’s notes, which will be on display at V&amp, A East Storehouse in Hackney Wick, demonstrate his deep interest in both the development of the medium and the existence of criminal gangs.

READ MORE: ABBA beats Queen in poll of 70 greatest things about the 1970s – see full listREAD MORE: David Bowie’s secret final project he was working before he died – and it wasn’t an album

David Bowie
David Bowie died in 2016 after a long battle with cancer(Image: PA/Sukita and The David Bowie Archive)

Bowie kept all of his notes locked away in his study while he was writing the musical in the months prior to his passing. The legendary musician lost his battle with cancer in 2016 at the age of 81.

The notes from his final, final, and secret project were discovered in his deathbed, which Bowie and his assistant had previously only been able to access. Up until archivists began cataloguing the contents of the handwritten notes, all of which remained undisturbed.

They have already been given to the V&amp, A museum, and will be accessible when the David Bowie Center debuts at the Hackney Wick location on September 13th.

The album will be accompanied by 90,000 other singer-related items. The exhibition seeks to follow Bowie’s “creative processes as an advocate for self-expression and reinvention” as well as his musical innovations and cultural icons.

David Bowie singing
An exhibition celebrating Bowie’s career will begin in September(Image: ullstein bild via Getty Images)
David Bowie in a black suit
Bowie’s final album Blackstar focused on his mortality(Image: Gamma-Rapho via Getty Images)

Bowie is not the only musical that performs this. Shortly before he passed away, he and Enda Walsh wrote the musical Lazarus in honor of Walter Tevis’ 1963 novel The Man Who Fell To Earth. Bowie starred in the book’s 1976 film adaptation.

Bowie’s musical was filmed for six weeks in New York before being moved to London from November 2016 through January 2017.

The musical’s songs were later recorded for a posthumous album and made accessible via virtual reality. It followed Bowie’s most recent album, Blackstar, which was only days before his passing. His thoughts on his own mortality and how they changed as his cancer progressed are explored in the album.

Continue reading the article.

A new box set will be available for purchase the day before the V&amp, A exhibition opens. The final years of Bowie’s career are documented and celebrated in I Can’t Give Everything Away (2022-2016).