21/11/2025
Elon Musk has been making headlines with his financial deals and Tesla's potential risks.
→Tesla's Financial Risks:
- Elon Musk's $1 trillion pay package is tied to ambitious performance targets, including a market capitalization of $8.5 trillion and the deployment of 1 million robotaxis.
- If Tesla loses an appeal related to Musk's 2018 pay package, it could trigger a $26 billion hit to profits over two years.
- This accounting expense could wipe out Tesla's GAAP profits for nearly two years, causing its stock to fluctuate.
→xAI Acquisition and Funding:
- Musk's AI startup, xAI, acquired social media platform X (formerly Twitter) in an all-stock deal valued at $33 billion.
- xAI is raising funds through a $5 billion debt package and seeking a $113 billion valuation.
- Nvidia is investing in xAI as part of a $20 billion deal, with backing from investors like Apollo Global Management and Valor Capital.
→Lawsuit Settlement:
- Musk's X ended a $90 million lawsuit with law firm Wachtell, Lipton, Rosen & Katz, which represented Twitter in its buyout battle.
- The lawsuit alleged that Wachtell received an improper bonus payment, but the firm denied any wrongdoing.
→Other Ventures:
- Musk's SpaceX and Tesla are also making headlines, with SpaceX's Starlink receiving HughesNet customers under a new EchoStar deal.