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Elon Musk To Worth Nearly $1T In Tesla Performance-based Pay Package Proposal
September 06, 2025
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Tesla's Board of Directors has proposed a performance-based compensation package for CEO Elon Musk that could be worth nearly $1 trillion if all targets are met, with the shares to be distributed in 12 tranches over a 10-year period.

The plan, which requires shareholder approval at the November 6 annual meeting, is designed to retain Musk and incentivize him to achieve ambitious growth and operational milestones, including reaching an $8.5 trillion market capitalization, delivering 20 million Tesla vehicles, launching 1 million Robotaxis, and achieving $400 billion in adjusted EBITDA profit.

Robyn Denholm, Tesla's Chairwoman, stated the package aims to keep Musk "motivated and focused on delivering for the company" and emphasized that his compensation is tied directly to performance, not guaranteed.

"Mr. Musk is independently wealthy and has consistently demonstrated that he is motivated by more than just conventional forms of compensation. Rather, he is driven by bold, high-stakes challenges that allow him to fundamentally reshape industries and society, while maximizing long-term shareholder value," the company's board said in a statement. "The Special Committee believes that retaining and incentivizing Mr. Musk as Chief Executive Officer at this pivotal moment is essential to Tesla’s successful transition from its role as a leader in the EV and renewable energy industries to growing into a leader in AI, robotics and related services."

The total value of the package is estimated at $975 billion based on maximum payout, with the potential to reach approximately $1 trillion if all performance targets are achieved.

The first tranche requires Tesla to reach a $2 trillion market cap, with subsequent milestones increasing by $500 billion per tranche, culminating in the final $8.5 trillion target.

Operational milestones include the delivery of 1 million Optimus robots, 10 million active Full Self-Driving (FSD) subscriptions, and the commercial operation of 1 million Robotaxis.

To earn the final two tranches, Musk must participate in developing a long-term CEO succession framework approved by the board, and he must remain at Tesla as either CEO or an executive officer responsible for product or operations for at least 7.5 years.

The package is a response to a Delaware Chancery Court ruling that voided Musk’s 2018 $56 billion pay plan, which was deemed improperly granted and excessive  Tesla has appealed the decision, and the company recently awarded Musk an interim $29 billion stock award.

The proposal also includes a separate shareholder vote on whether Tesla should invest in Musk’s artificial intelligence venture, xAI, at the same meeting.

“Elon earns nothing under the 2025 CEO Performance Award until he meets a series of incredibly ambitious market capitalization AND operational milestones,"  If he succeeds, Tesla will become the most valuable company in history – with an $8.5 trillion market cap – and shareholders will benefit from incredible growth and value creation.”

Denholm reiterated in a statement that retaining and incentivizing Musk is fundamental to Tesla achieving its goal of becoming the most valuable company in history.

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U.S. Bars EU Censorship Officials From Entering The Country

The U.S. State Department, under Secretary of State Marco Rubio, has imposed visa restrictions barring five Europeans from entering the United States, accusing them of leading efforts to pressure American tech firms to censor or suppress American viewpoints online.

The move announced Tuesday, is part of a broader President Trump administration campaign against foreign influence over online speech, using immigration law rather than platform regulations or sanctions.

The targeted individuals include former European Union Commissioner Thierry Breton, leaders of German anti-hate group HateAid, and heads of organizations focused on so-called disinformation and digital hate

Breton, former EU Commissioner for Digital Affairs, was sanctioned for his role in enforcing the EU’s Digital Services Act (DSA), which has clashed with tech companies like Elon Musk’s X. He previously sent a letter to Musk demanding compliance with the DSA ahead of a Trump interview.

Imran Ahmed, CEO of the Centre for Countering Digital Hate, was targeted for his organization’s 2022 “Disinformation Dozen” report, which highlighted anti-vaccine figures including Robert F. Kennedy Jr.

Clare Melford, CEO of the Global Disinformation Index, was sanctioned for allegedly using U.S. taxpayer funds to advocate for censorship and blacklisting of American speech.

Josephine Ballon and Anna-Lena von Hodenberg, leaders of HateAid, were sanctioned for their ostensible work combating so-called online hate and disinformation, with the group calling the U.S. actions an “authoritarian attack on free speech.”

The State Department cited these individuals as part of a “global censorship-industrial complex” that advances foreign government censorship campaigns targeting American speakers and companies.

The sanctions are based on a visa policy announced in May 2025 that restricts entry for foreigners deemed responsible for censorship of protected speech in the U.S. The Department of Homeland Security may initiate removal proceedings against those already in the country.

The move follows a broader trend of U.S. officials, including Vice President JD Vance, criticizing European nations for censorship, particularly over content related to the Covid-19 lab leak theory and other political topics.

The EU has not yet responded publicly to the sanctions, but European officials have expressed concern over the U.S. actions undermining European sovereignty.

The U.S. has also previously targeted visitors from certain African and Middle Eastern countries and the Palestinian Authority with similar visa restrictions.

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December 23, 2025
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Spotify Music Library Scraped, Released Online By Activist Pirate Group: 86M Files

A pirate activist group known as Anna’s Archive has claimed to have scraped and begun releasing a massive archive of Spotify’s music catalog, asserting it has backed up nearly all of the platform’s most popular tracks. As of Tuesday. Spotify has confirmed the breach.

Anna’s Archive claims to have scraped 86 million audio files from Spotify, representing approximately 99.6% of total listens on the platform, with the entire archive totaling around 300 terabytes in size.

The archive includes metadata for 256 million tracks—covering an estimated 99.9% of Spotify’s catalog—already released via torrent, with the actual music files planned for future release in order of popularity. The group has also indicated that individual file downloads may be added if there is sufficient demand.

The group states this constitutes the “world’s first preservation archive” for music, prioritizing tracks by popularity and aiming to protect humanity’s musical heritage from potential loss due to disasters or corporate decisions.

The full release of the music torrents are expected to in the coming days, organized by popularity and quality—160 kbit/s for popular tracks and 75 kbit/s for less popular ones to conserve space.

Spotify has confirmed the incident and stated that it has identified and disabled the user accounts involved in the unlawful scraping. The company emphasized its ongoing commitment to protecting artists and rights holders, noting it has implemented new safeguards against such anti-copyright attacks, and is actively monitoring for suspicious behavior.

Anna’s Archive, known for its shadow library of books and academic papers, frames the action as a preservation effort rather than pure piracy, arguing that existing digital archives are overly focused on popular content and high-quality files. The group acknowledges that Spotify does not contain all music ever produced but considers it a strong starting point.

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The breach raises concerns about the potential use of the 300TB dataset to train AI models without consent, a growing ethical and legal issue in the tech industry. The group’s actions also highlight vulnerabilities in how public metadata and DRM can be exploited to access copyrighted content at scale.

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December 23, 2025
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China Builds EUV Prototype Machine To Challenge Western Advanced Chipmaking Dominance

China has completed a prototype extreme ultraviolet (EUV) lithography machine in a high-security Shenzhen laboratory, marking a major milestone in its drive for semiconductor independence through a state-led 'Manhattan Project-style' initiative.

The machine, operational since early 2025 and now undergoing testing, was built by a team of former ASML(Advanced Semiconductor Materials Lithography) Holding engineers like Lin Nan, who filed key patents. They reverse-engineered the Dutch company’s technology, using parts from older ASML systems and secondary markets to circumvent Western export controls.

While the prototype successfully generates EUV light, it has not yet produced functional chips, with analysts estimating a realistic timeline for working chip production between 2030 and 2035, despite an official government target of 2028.

The project, launched as a six-year national effort under President Xi Jinping’s strategic priorities, is coordinated by Huawei and overseen by Ding Xuexiang, a close confidant of Xi and head of the Central Science and Technology Commission.

Former ASML engineers were recruited with substantial incentives, including signing bonuses of up to $700,000, and worked under aliases with false identification cards to maintain secrecy.

The prototype occupies nearly an entire factory floor and is operated within a highly isolated, secure compound where staff often sleep on-site, with strict communication restrictions and surveillance.

Despite ASML CEO Christophe Fouquet’s public statements in 2024 and 2025 that China would need "many, many years" to develop EUV capability, the existence of the prototype suggests Beijing’s timeline may be accelerating significantly.

While the Chinese machine’s light generation is confirmed, major technical hurdles remain, particularly in replicating the precision optical systems—such as specialized mirrors from Germany’s Zeiss—that are critical for high-volume, reliable chip manufacturing.

The breakthrough challenges long-standing U.S.-led export controls that have barred China from acquiring advanced EUV systems since 2018, with the Biden administration expanding restrictions in 2022.

The ultimate goal, as stated by sources, is to produce advanced chips on entirely China-made machines and to fully remove U.S. influence from its semiconductor supply chains.

Advanced chip manufacturing machine generates extreme ultraviolet light to etch tiny circuits for AI, smartphones, and military systems—tech once monopolized by ASML

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