I am sure you are waiting to learn the results of last week's poll. (Reminder: Sign up for the Mobility newsletter to participate in our polls!) Here is what I asked: "What is the best business model for autonomous vehicle tech? (Keep profitability in mind.)" Far and away, readers think longer-haul delivery is the best bet, with 40% picking this option.
We are in a race against China so we need the best companies to operate at a speed that gets us to the Moon FIRST," Duffy wrote. "SpaceX has the contract to build the HLS which will get U.S. astronauts there on Artemis III. But, competition and innovation are the keys to our dominance in space so [NASA] is opening up HLS production to Blue Origin and other great American companies.
After months of being relatively quiet following his resignation from the Department of Government Efficiency and subsequent fallout with President Donald Trump, Musk slammed proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis. "I just don't feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis, who have no freaking clue," Musk said. "I mean, those guys are corporate terrorists."
In order to unlock the full amount of shares proposed in this compensation plan, Tesla's value would need to increase dramatically to $8.5 trillion. As Tesla's proxy statement points out, that would make Tesla roughly 2x as valuable as the most valuable company in the world (Nvidia) today. Arguably, growing Tesla's value to double the value of Nvidia would justify paying Musk something like double the compensation of Nvidia's CEO.
Because after another turbulent morning of closely following the rough-and-tumble contest to become the next NASA administrator, I sure could use one. What has happened now? Why, it was only SpaceX founder Elon Musk, who is NASA's most important contractor, referring to the interim head of the space agency, Sean Duffy, as "Sean Dummy," and suggesting he was trying to kill NASA. Musk later added, "The person responsible for America's space program can't have a 2 digit IQ."
The Tesla and SpaceX CEO broke a three-year quiet streak on bitcoin early Tuesday, commenting on an X post from financial outlet ZeroHedge that tied surging gold, silver, and Bitcoin prices to global monetary "debasement" driven by artificial intelligence spending. "True," Musk replied. "That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy."