Tag: Tesla

As the nation endures record inequality and a prolonged government shutdown, Tesla shareholders have granted CEO Elon Musk a pay deal that could make him the world’s first trillionaire, prompting fierce backlash from lawmakers, labor unions, and progressive groups.

Sen. Bernie Sanders and Rep. Rashida Tlaib unveiled legislation that would impose higher taxes on corporations paying executives more than 50 times their workers, citing billion-dollar gaps at firms like Walmart, Starbucks, and Tesla.

A shareholder proposal to grant Musk unprecedented wealth comes as inequality widens, taxes on corporations shrink, and workers face mounting economic strain.

As protests against Tesla grow and sales plummet, the company’s stock has lost about 40 percent of its value since the start of the year.

Trump escalates his support for Elon Musk by declaring attacks on Tesla dealerships as domestic terrorism, raising concerns over government overreach and the criminalization of political dissent.

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.

In a significant development, U.S. Senators urge Tesla to take responsibility for vehicle defects, highlighting a systemic issue within the electric vehicle industry.

Elon Musk is exhibit A in building the case that billionaires should be abolished.

But that still isn't anything close to his fair tax share.

It’s understandable that the super wealthy might wish to escape the gravitational pull of the rest of us. But there’s really no escape.