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Elon Musk’s lawyers to make closing arguments in CEO’s pay package case
The legal teams of Tesla CEO Elon Musk and TSLA investor Richard Tornetta are expected to make their closing arguments on Tuesday. The shareholder, who held only nine TSLA shares when he filed his case in 2018, had alleged that the CEO dictated the terms of his pay package so that he could meet its targets.
Musk’s current compensation plan was approved in 2018, and it involved an extremely high-risk, high-reward system comprised of 12 tranches. The package allows the CEO to purchase 1% of Tesla stock with a big discount for every milestone that is met. So far, Musk has accomplished 11 out of the 12 milestones outlined in his 2018 pay package. These milestones have contributed to Musk’s rising net worth, effectively making him the wealthiest person in the world.
The arguments on Tuesday followed a five-day trial in November, which featured testimony from Musk himself, as well as other Tesla executives such as Board Chair Robyn Denholm. Tornetta’s lawyers had argued that the Tesla board should have offered a smaller pay package to Musk, or have at least required the CEO to work full-time at Tesla. The investor’s legal team pointed out Musk’s work on other projects, such as his acquisition of Twitter then, in their arguments.
Tornetta ultimately seeks to have some of Musk’s 2018 pay package rescinded or fully revoked.
Musk’s legal team, for their part, noted that as the CEO received his rewards, TSLA investors also saw their shares rise. These included the shares held by Tornetta.
While Musk’s pay package may seem excessive or shockingly generous today, it should be noted that the compensation plan was proposed at a time when Tesla was just a $59 billion company that was in the middle of an extremely painful Model 3 ramp. Its high-risk, high-reward nature meant that if Musk were to fail, he would get absolutely nothing for his efforts. It was then no surprise that the compensation plan was laughed off by Tesla skeptics when it was proposed. At the time, after all, the idea of Tesla being a $650 billion company seemed farfetched.
Tesla is worth $659 billion today, and that’s after the company passed an extremely difficult 2022.
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News
Tesla Supercharger Network is so reliable, it’s pushing Model Y sales
Tesla’s Supercharger network is proving to be a key factor in the company’s dominance in several key markets.
 
														Tesla’s Supercharger network is proving to be a key factor in the company’s dominance in several key markets. These include Norway, which has become a place of strength for the new Model Y.
This was hinted at by Tesla’s Director of Charging, Max de Zegher, on social media platform X.
Supercharger network sets the industry standard
As noted by the Tesla executive, the Model Y accounted for 29% of all vehicle sales in Norway in September. Part of the vehicle’s success was likely due to the reliability of the Supercharger Network, which is class leading even in Norway, where 98% of new cars sold are electric.
De Zegher emphasized on X that Tesla Superchargers are still in a class of their own. An EPSI survey of nearly 1,500 Norwegian EV drivers supported his claim, as Tesla Superchargers retained first place in customer satisfaction for the fifth consecutive year. 
The EPSI Survey‘s results
Respondents to the EPSI survey praised the Supercharger network’s strong uptime, abundant capacity, and user-friendly digital solutions, placing it ahead of other operators such as Uno-X. Survey researchers highlighted that Tesla has set the standard when it comes to simplicity in the charging process.
Drivers also cited competitive pricing and seamless plug-and-charge functionality as major reasons they prefer Tesla’s network, especially in Norway’s extreme winter conditions where reliability is critical.
“Tesla has set the standard for simplicity in the charging process. Combined with competitive prices, this means that many electric car drivers say they are likely to choose Tesla again the next time they need to charge,” EPSI noted in a post.
News
Tesla top exec Tom Zhu highlights Elon Musk’s “prime directive” for FSD
Zhu’s comments emphasize Tesla’s uncompromising focus on safety, which has made the company’s vehicles among the safest on the road.
 
														Tesla Senior Vice President for Automotive Tom Zhu, a key executive behind the company’s success in China and Giga Texas, recently highlighted the “prime directive” of Full Self-Driving (FSD).
Zhu’s comments emphasize Tesla’s uncompromising focus on safety, which has made the company’s vehicles among the safest on the road.
Echoing Musk’s vision for safe autonomous driving
Zhu’s post quoted Musk’s statement from 2021, where the CEO reportedly stated that FSD must avoid accidents even if the most ridiculous events happened in the middle of the road. Zhu stated that beyond everything, Tesla’s systems like Autopilot and FSD are designed to keep passengers safe.
“Elon said it in 2021: “For self-driving, even if the road is painted completely wrong and a UFO lands in the middle of the road, the car still cannot crash and still needs to do the right thing. The prime directive for the autopilot system is: Don’t crash. That really overrides everything. No matter what the lines say or how the road is done, the thing that needs to happen is minimizing the probability of impact while getting you to your destination conveniently and comfortably,” Zhu stated.
“The prime directive, the absolute priority, is to minimize the probability of injury to yourself or to anyone on the road, to pedestrians, or anything like that. It can’t be dependent on the road markings being correct.”
Tesla leadership rallies behind global FSD rollout
Tom Zhu, who previously led Tesla China through its record-breaking growth phase, now oversees automotive operations worldwide. He has reportedly become a problem solver for Elon Musk over the years, with previous reports stating that he was brought in to help Giga Texas optimize its vehicle production ramp.
Zhu’s comments may sound ambitious, but FSD has proven that it values safety above all else over the years. This was highlighted recently in an incident in Australia, when a Model Y was hit by what could very well be a meteor. Despite the impact and part of its windshield melting, the vehicle was able to drive safely and keep its passengers safe.
Elon Musk
Elon Musk’s biggest tech rival just canceled his Tesla Roadster
“I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait,” Altman said.
 
														Elon Musk’s biggest tech rival just canceled his reservation for a Tesla Roadster, the supercar the company has been developing for nearly eight years.
Sam Altman, the CEO of OpenAI, announced on X on Thursday evening that he canceled his Tesla Roadster reservation, or at least is trying to:
A tale in three acts: pic.twitter.com/ClRZBgT24g
— Sam Altman (@sama) October 30, 2025
Altman placed his Tesla Roadster reservation with a $50,000 deposit way back on July 11, 2018. However, he recently decided that he had waited long enough and decided to email the company to officially cancel the order.
“Hi, I’d like to cancel my reservation. Could you please refund me the $50k?” Altman emails to reservations@tesla.com.
He then received an immediate response, but not from Tesla. Instead, it was a bounce-back message from Google, stating that the message could not be delivered to the email because it was not active.
Altman then provided a reason for his cancellation, and it was not related to the intense rivalry he had with Elon Musk:
“I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait.”
I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait.
— Sam Altman (@sama) October 30, 2025
Altman and Musk have a lengthy history with one another that dates back to 2015, when OpenAI was created. The feud has resulted in lawsuits over breaching founding agreements by prioritizing profits.
Musk has been especially critical in recent years because of Altman’s decision to turn OpenAI into a for-profit business that he says is “built on a lie.”
This year, Musk offered over $97 billion to buy OpenAI, and a judge blocked his request to stop the company from being converted into a for-profit in March.
OpenAI then countersued Musk in April, while xAI, Musk’s company, sued OpenAI for allegedly stealing secrets through poached employees in September.
Elon Musk explains why xAI sued OpenAI over alleged trade secret theft
Regarding the Roadster, Tesla has been developing it for several years and has delayed its release for five consecutive years. The company says it will have a demo of what it has changed since it was unveiled in 2017 later this year, but no date has been set quite yet.
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