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Musk Faces Growing Opposition to $56B Pay Deal Ahead of 6/13 Vote

Musk Faces Growing Opposition to $56B Pay Deal Ahead of 6/13 Vote

A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.

NHTSA’s Do-Not-Drive Order of 83K Nissans Tied to Takata Airbag Recall

NHTSA’s Do-Not-Drive Order of 83K Nissans Tied to Takata Airbag Recall

The National Highway Traffic Safety Administration told owners of more than 83,000 Nissan and Infiniti vehicles equipped with faulty Takata airbags to stop driving those vehicles immediately until they get airbags replaced. The Do-Not-Drive Order highlights the ongoing issue with the largest recall in U.S. history. Find out more at Headlight.News.

Musk’s Antics Could Cost Him $56 Billion Pay Package

Musk’s Antics Could Cost Him $56 Billion Pay Package

Elon Musk’s increasingly mercurial behavior is having a substantial impact on the Texas-based EV maker. But it may also have a serious impact on the Tesla CEO himself as shareholder resistance grows to the $50 billion pay package the automaker wants to give Musk. A key investor, and former Musk “fanboy,” voting no.