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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Elon Musk

26 Results / Page 3 of 3

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World

Why Elon Musk’s ‘self-driving’ of Tesla’s board and its decision to pay him $56B collided with the law – and what happens next

      By Justin P. Klein, University of Delaware Delaware Chancery Court Judge Kathaleen St. Jude McCormick has blocked Elon Musk’s US$55.8 billion pay package, which Tesla’s board of directors approved in 2018 through a process she found to be “deeply flawed.” No CEO of a publicly traded U.S. company has ever been paid this much for one year’s work, according to Equilar, which tracks corporate leadership data. Pay […]

todayFebruary 6, 2024 5

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Business / Economics

Tesla bypasses South Africa due to high import taxes

Elon Musk has announced that Tesla will not sell electric cars in South Africa due to high import duties and taxes, due to a lack of incentives for local electric vehicle manufacturing. Importing a Tesla Cybertruck to South Africa can cost upwards of R1.3 million (incl. VAT). According to ‘My Broadband’, South Africa’s tax regime protects domestic car factories while failing to develop a policy to incentivise local EV manufacturing.

todayJanuary 23, 2024 26

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South Africa

South Africans falling victim to deep-fake scams

With fake images and videos of celebrities being used to try and build legitimacy for scams that try to steal people's money or personal data, South Africans in particular are currently falling victim to campaigns featuring the likenesses of Elon Musk and President Cyril Ramaphosa. News24 reports that one such deep-fake scam involving Musk purports to be an SABC broadcast of the Tesla CEO advertising an investment scheme which promises […]

todayDecember 4, 2023 9

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Entertainment

Merriam-Webster reveals 2023 word of the year

Merriam-Webster has chosen "authentic" as its word of the year for 2023, citing a substantial increase in searches for its definition. According to CNN, the heightened interest is attributed to talks about truth, facts, AI, celebrity culture, identity, and social media. Celebrities like Sam Smith, Taylor Swift, and Elon Musk have also contributed to the popularity of the term by highlighting the importance of being "authentic" in any given situation.

todayNovember 28, 2023 13

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Business / Economics

Musk sues nonprofit over antisemitic accusation

Elon Musk has sued Media Matters for America accusing the nonprofit of trying to drive advertisers from the social media platform X. This comes after the advocacy group accused the site formerly known as Twitter of posting adverts alongside antisemitic content. Musk was recently accused of antisemitism after seemingly endorsing a post that accused Jewish communities of advocating for hatred against white people. Musk denies this saying he was only […]

todayNovember 22, 2023 14

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