BusinessInnovationTechnology

Musk Slams Proxy Advisors as ‘Corporate Terrorists’ Amid Growing Influence Over Corporate Elections

Tesla CEO Elon Musk has launched a blistering attack against leading proxy advisory firms, labeling them “corporate terrorists” after they opposed his compensation package. The confrontation underscores the growing influence these firms wield over corporate governance decisions as more investors enter stock markets.

Executive Outburst Highlights Proxy Power Struggle

Elon Musk’s fiery criticism of proxy advisory firms this week has thrown a spotlight on what analysts suggest is a fundamental shift in corporate governance dynamics. The Tesla CEO reportedly labeled Institutional Shareholder Services and Glass Lewis “corporate terrorists” during an earnings call, claiming they “have no freaking clue” after ISS recommended against his nearly $1 trillion compensation package. According to reports, Musk argued that past recommendations from these firms “would have been extremely destructive to the future” of Tesla.

PrivacyTechnology

Signal President Clashes With Elon Musk Over Encrypted Messaging Security

Signal President Meredith Whittaker has responded to Elon Musk’s claims that he no longer trusts the encrypted messaging platform. The exchange highlights ongoing debates about verifiable security in private messaging applications and the tradeoffs between decentralization and usability.

Encrypted Messaging Debate Intensifies

Elon Musk, executive chairman and CTO of X, has publicly declared he no longer trusts Signal following a service disruption caused by an Amazon Web Services outage on Monday, according to reports. The statement has sparked a public exchange with Signal President Meredith Whittaker regarding what constitutes trustworthy encryption in private messaging platforms.

LegalTechnology

Cards Against Humanity Reaches Settlement With SpaceX in Land Trespass Case

The provocative game company has resolved its high-profile lawsuit against Elon Musk’s SpaceX over land trespass allegations. Supporters who funded the land purchase will receive special edition cards rather than the promised cash settlement. The case highlights ongoing tensions between corporations and property rights near SpaceX’s Texas facilities.

Legal Settlement Reached in High-Profile Property Dispute

Cards Against Humanity has settled its trespass lawsuit against SpaceX, according to reports from TechCrunch, concluding a year-long legal battle that began when the game company accused Elon Musk’s aerospace firm of unauthorized use of its Texas property. Sources indicate both parties have agreed to undisclosed terms, though the settlement reportedly falls short of the $15 million initially sought by the gaming company.

BusinessTechnology

Elon Musk Reportedly Funding UK Far-Right Figure’s Defense Amid Political Resurgence

Elon Musk has reportedly returned his attention to UK politics after months focused on US government work. Sources indicate the billionaire is funding the legal defense of far-right activist Tommy Robinson, whose terrorism-related trial concluded this week.

Musk’s Renewed UK Political Engagement

Elon Musk has reportedly resumed his engagement with UK politics after months of relative silence, according to social media analysis and legal sources. The billionaire’s renewed focus on the United Kingdom comes following his departure from Washington and appears to involve financial support for controversial figures.