Musk's $1T Tesla Pay, Driverless Vegas Loop, Cybertruck Shuffle & Political Clout

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A fresh storm swirls around Elon Musk this week as a $1 trillion Tesla pay package faces strong headwinds from proxy advisor ISS. The proposal, designed to keep Musk at Tesla’s helm for another decade with performance-based tranches, has ISS warning shareholders about its “astronomical” size, arguing it gives Musk extraordinary power and could dilute existing investors. Tesla meanwhile is pushing hard, running Paramount+ ads to woo voters, while Elon, never one to shy from provocation, took aim at ISS itself on X. In the same breath, he’s publicly demanded even more ownership of Tesla to fend off what he calls “activist shareholders,” a clear bid for firmer long-term control according to Teslarati.

In Las Vegas, Musk announced a major milestone for The Boring Company: Teslas ferrying tourists in the Vegas Loop are set to go fully driverless in just a month or two, retiring safety drivers entirely—a potential preview of his vision for Tesla’s robotaxi service in Austin. On social media, he declared that all Boring Co. tunnel rides will operate without human monitors by year-end.

SpaceX notched a historic 500th Falcon rocket landing. Musk hyped the achievement on X while Starlink’s reach continued to expand. He also pushed into the Cybertruck drama: Electrek reports SpaceX and his AI startup xAI are buying up Tesla’s unsold Cybertrucks as the company grapples with sluggish third-party demand. Some market watchers question whether this internal sales shuffle inflates delivery numbers, though Musk himself hasn’t publicly addressed the critique.

Political intrigue flared as former Vice President Kamala Harris admitted the Biden White House made a mistake not inviting Musk to its landmark EV summit years ago, a slight widely seen as fueling Musk’s eventual financial support for Donald Trump’s campaign and a growing GOP affiliation. Fortune recaps that Musk’s political donations topped nearly $300 million in the 2024 election cycle, underscoring both his outsized influence and his increasingly public stances.

Peter Thiel reemerged, saying he’d warned Musk to ditch Bill Gates’ Giving Pledge over fears Musk’s money would go to “left-wing nonprofits.” Their exchange, reported by Fortune, added extra seasoning to Musk’s ongoing feud with the establishment philanthropy world.

Social media buzz remained constant, ranging from Neuralink speculation to speculation over ongoing layoffs and business crossovers across Musk’s empire which Axios and dot.LA continue to track. The core headlines—Tesla’s record pay package fight, the driverless Vegas Loop revelations, and Cybertruck’s internal shuffle—may prove deeply consequential for Musk’s biographical legacy as he tightens his grip on both technological and political narrative in America.

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