Mark Zuckerberg overtakes Elon Musk as the world's 3rd-richest person as their companies' stocks go in opposite directions

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Mark Zuckerberg (left) and Elon Musk (right)
&quotThe internet is fickle," Nierman told BI.

JOSH EDELSON/Getty Images; Nathan Howard/Getty Images

We now know more about where Tesla is slashing jobs

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Tesla V
Elon Musk told staff Tesla was cutting more than 10% of its workforce.

Spencer Platt/Getty Images; Chelsea Jia Feng/BI

Elon Musk reportedly apologized for 'incorrectly low' Tesla severance packages

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Elon Musk wearing a suit and bowtie whilst shrugging with his hands in the air
Elon Musk is CEO of Tesla.

Taylor Hill

Why Tesla wants to give Elon Musk a $55 billion pay package

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Elon Musk arrives at the 10th Annual Breakthrough Prize Ceremony at Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California.
Elon Musk's pay package at Tesla will be up for vote in June. The board wants shareholders to vote yes.

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Maybe Elon Musk shouldn't have quite so many jobs

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Elon Musk collage with his face and US currency
Elon Musk runs lots of different companies, not just Tesla. But will investors be OK with that as Tesla's stock falls?

ODD ANDERSEN/AFP via Getty Images; Chelsea Jia Feng/BI

Tesla gives Delaware the cold shoulder and pitches a move to Texas

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Elon Musk.
Tesla CEO Elon Musk.

Antonio Masiello/Getty Images

  • Tesla is done with Delaware.
  • Elon Musk has disapproved of Delaware ever since a judge there ruled against his massive pay package.
  • Now the company wants shareholders to move the company to Texas officially.

Tesla wants to abandon Delaware and make Texas its official home.

Tesla has begun sending out severance info to laid-off workers. Here's how much they're getting.

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A graphic of a Tesla logo above a $100 bill in the shape of a downward graph.
Tesla started sending out severance information to laid-off employees overnight.

Karol Serewis/SOPA Images/LightRocket via Getty Images; Chelsea Jia Feng/BI

Tesla will ask shareholders to vote again on Elon Musk's mammoth $47 billion pay package months after it was voided in court

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Elon blue

Grzegorz Wajda/SOPA Images/LightRocket via Getty Images; Chelsea Jia Feng/BI

A Tesla worker who was laid off a month after he joined says he can't pay his rent

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Tesla logo with cars behind it
Tesla laid off more than 10% of its workforce.

Anna Moneymaker

Tesla is stuck in the mud 

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Elon Musk in an animated Tesla taxi spinning its wheels in mud with a blue background
Tesla is facing a new phase of growth, CEO Elon Musk says. A robotaxi is part of his solution.

Steve Granitz/FilmMagic; Scott Olson/Getty Images; Adobe Stock; Chelsea Jia Feng/BI

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