Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Tesla grants $30 billion in shares to Musk

Tesla awards $30bn in shares to Elon Musk after his threat to leave the company over stock concerns

Published

on

Tesla awards $30bn in shares to Elon Musk after his threat to leave the company over stock concerns

video
play-sharp-fill
In Short:
– Tesla’s board approved granting 96 million shares to Elon Musk after his threat to leave.
– The decision aims to retain Musk’s leadership amid his legal issues and concerns about control within the company.
Tesla’s board approved granting 96 million shares, worth approximately $30 billion, to Elon Musk following his threat to leave the company if he did not receive more stock.
The decision was recommended by a special committee, consisting of chair Robyn Denholm and Kathleen Wilson-Thompson, and subsequently approved by the board.Banner

The company stated in a letter to shareholders that retaining Musk is crucial and that this award aims to incentivise his continued leadership.

Musk’s ongoing legal battle in Delaware over a previous pay package – a $56 billion deal deemed excessive by a judge – has contributed to his recent threats of leaving.

Control Issues

Musk expressed concerns about his influence within Tesla, explaining the need for a balance of control to ensure the company’s positive direction while allowing for accountability.

If his previous pay package is reinstated, his ownership in Tesla could rise from nearly 13% to over 20%. Musk would pay $23.34 per share for the restricted stock.


Download the Ticker app

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

News

Trump declares US ready to support Iranian protesters

Trump pledges US support for Iranian protesters as regime arrests 100 amid escalating crackdown on dissent

Published

on

Trump pledges US support for Iranian protesters as regime arrests 100 amid escalating crackdown on dissent

video
play-sharp-fill
In Short:
– Trump supports Iranian protesters and promotes their quest for freedom amid government crackdowns.
– Iran reports arrests and increased military threats against protesters, with international demonstrations in solidarity emerging.
Donald Trump has warned Iran’s clerical regime that the US is “ready to help” anti-government protesters facing a crackdown. He stated on his social media platform, Truth, that the nation is witnessing a push for freedom like never before.On Saturday, Iran’s government reported the arrest of 100 “armed rioters” amid ongoing demonstrations. Rights groups claim at least 116 protesters have been killed, with unrest erupting over Iran’s currency collapse and demands for the overthrow of Supreme Leader Ayatollah Khamenei.

Banner

The Iranian military has intensified threats against protesters, warning that anyone participating could be deemed “enemies of God”, carrying a potential death sentence. There have been claims of “terrorist agents” linked to the US and Israel stirring unrest.

Protester Responses

International protests have also emerged in solidarity with Iranian demonstrators.

In London, an individual was seen tearing down the Iranian flag from the embassy, drawing attention to the global dissent. Iranian state media has accused “rioters” of violence and targeting military bases, amidst a climate of increased government scrutiny and restrictions.

With the internet down in Iran, accurate assessment of the situation remains challenging. Reports indicate scattered protests continue, but fear of government retaliation complicates participation.

The Iranian government’s response highlights the volatility of the political situation, and the growing international pressure on Tehran.


Download the Ticker app

Continue Reading

News

Minneapolis protests erupt after fatal ICE shooting

Tensions rise in Minneapolis after fatal shooting by ICE agent, sparking protests and unrest as investigations unfold.

Published

on

Tensions rise in Minneapolis after fatal shooting by ICE agent, sparking protests and unrest as investigations unfold.


Tensions in Minneapolis have escalated following the fatal shooting of a mother by a U.S. Immigration agent. The incident has sparked outrage across the city, with residents taking to the streets to demand justice. Authorities are struggling to contain the unrest as public anger continues to mount.

State and federal officials are now at odds over the investigation. The Minnesota Bureau of Criminal Apprehension has stepped back after the FBI assumed control, while the state attorney general has warned that state-level charges could still be pursued independently. The political divide adds another layer of complexity to an already volatile situation.

In response to the protests, schools in Minneapolis have closed and the National Guard has been activated to maintain order. Citizens are being urged to stay safe as tensions remain high and the city braces for further demonstrations.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#MinneapolisProtests #ICEShooting #USNews #FBIInvestigation #NationalGuard #StateVsFederal #JusticeForAll #TickerNews


Download the Ticker app

Continue Reading

News

Iran protests escalate as economy crumbles

Iran faces widespread protests as currency collapse and soaring inflation strain household budgets, fueling public anger.

Published

on

Iran faces widespread protests as currency collapse and soaring inflation strain household budgets, fueling public anger.


Protests are spreading across Iran after the country’s currency suffered a dramatic collapse, pushing inflation to more than 42 percent in December. Rising prices are squeezing household budgets, with basic goods becoming increasingly unaffordable for millions of Iranians.

What began as frustration over the cost of living has quickly grown into widespread public anger, as families struggle to keep up with soaring expenses amid a weakening rial and economic uncertainty.

These economic pressures have become the catalyst for demonstrations across major cities, marking one of the most serious waves of unrest linked directly to inflation in recent years.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Iran #Inflation #GlobalEconomy #MiddleEast #Protests #CurrencyCrisis #WorldNews #Ticker


Download the Ticker app

Continue Reading

Trending Now