Tesla's 2025 performance compensation plan includes a change-of-control clause that has raised governance concerns. According to the article, a merger involving Tesla and SpaceX could allow operating milestones to be disregarded, with compensation determined only by market value. The clause could create a path for Musk to receive up to $1 trillion without meeting the original performance targets.
Europe’s new-car market grew in April, supported by strong demand for electric vehicles. EV sales have now increased for 16 consecutive months, showing continued momentum in the region. Tesla sales jumped 40%, but BYD doubled sales and surpassed Tesla, highlighting the rapid expansion of Chinese EV brands in Europe.