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Musk's $1-trillion Tesla pay plan wins shareholder nod

Financial Express Kochi

|

November 08, 2025

THE PROPOSAL WAS APPROVED WITH OVER 75% SUPPORT

- ABHIRUP ROY AND AKASH SRIRAM

TESLA CEO ELON Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.

The proposal was approved with over 75% support, and Musk bounded to the stage of the company’s annual meeting at its factory in Austin, Texas, accompanied by dancing robots.

Musk, already the world’s richest person, could get as much as $1 trillion in stock over the next decade, although required payments would take the value down to $878 billion.

MEER VERHALEN VAN Financial Express Kochi

Financial Express Kochi

Handset makers see red over DoT call on Sanchar Saathi

Pre-installation of the cyber safety app now mandatory

time to read

1 min

December 02, 2025

Financial Express Kochi

Robust demand: Car sales surge 19% in November

FESTIVAL TAILWIND FADES, SEQUENTIAL VOLUMES MODERATE

time to read

2 mins

December 02, 2025

Financial Express Kochi

Handset makers...

“SANCHAR SAATHI IS a lost phone tracker, but if it gets embedded with no possibility of removal, it becomes a government tracker on your device...The way things work with DoT, there was no public consultation, the order wasn’t disclosed. Just forced.This is dictatorial in nature. If they get away with this, more will follow,” Pahwa wrote on X.

time to read

1 mins

December 02, 2025

Financial Express Kochi

UPI transactions see marginal fall in Nov

THE UNIFIED PAYMENTS Interface (UPI) system recorded transaction volume of 20.47 billion in November, a marginal decline from 20.70 billion in October, according to data from the National Payment Corporation of India (NPCI).

time to read

1 min

December 02, 2025

Financial Express Kochi

Omega rolls out world’s first electric cargo vehicle

E-MOBILITY COMPANY OMEGA Seiki Mobility (OSM) has launched the world's first autonomous electric cargo three-wheeler, Swayamgati Cargo. The company has set an introductory price of Rs 4.15 lakh to make autonomous vehicles accessible, affordable, and scalable. Bookings for the Swayamgati Cargo will open on Monday, with deliveries expected to begin this quarter.

time to read

1 min

December 02, 2025

Financial Express Kochi

Kohli, Agarkar & Gambhir caught in cricket fog

THESE AREN'T THE best of times for Indian cricket. The proud home record is shattered, trust has broken down, and intrigue is on the rise.

time to read

2 mins

December 02, 2025

Financial Express Kochi

Fertiliser imports climb 69% in first seven months of FY26

IN ANTICIPATION OF robust demand on surplus monsoon and encouraging trend in winter crops sowing, the imports of urea, di-ammonium phosphate (DAP) and NPK variants of soil nutrients have surged in the first seven months of the current fiscal year.

time to read

2 mins

December 02, 2025

Financial Express Kochi

Maruti Suzuki takes on rivals over CAFE norms

MARUTI SUZUKI INDIA on Monday cautioned that small cars may have to be phased out if the government’s proposed norms on reducing fuel consumption and carbon emissions become “unscientific and unjust,” amid escalating tensions within the automobile industry over the upcoming Corporate Average Fuel Efficiency (CAFE) regulations.

time to read

1 min

December 02, 2025

Financial Express Kochi

Telcos: Mandatory move for messaging apps a milestone

INDUSTRY BODY COAI on Monday said Telecom Department’s move mandating that messaging apps like WhatsApp will work only with an active SIM would bolster national security and pledged telecom operators’ commitment to supporting seamless implementation of the latest directive.

time to read

1 min

December 02, 2025

Financial Express Kochi

GST mop-up slows

THEY SAID THE surge demonstrates strong consumption uplift, stimulated by reduced rates and improved compliance behaviour.

time to read

2 mins

December 02, 2025

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