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REUTERS/Noah Berger Tesla CEO Elon Musk, who doesn't take a salary from the company, has officially unlocked the first part of his $55 billion compensation package, the company said Thursday. Tesla announced in an updated regulatory filing that its board has certified the requirements — $20 billion in revenue and a sustained market cap of $100…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
More than 100,000 Americans have died from the new coronavirus.The first known US death from COVID-19 came on February 6 in California.According to experts, 83% of the US deaths could have been avoided if the country had locked down on March 1 because social distancing has an exponential effect on reducing the coronavirus death toll.Visit…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
US President Donald Trump, Brazilian President Jair Bolsonaro, and Russian President Vladimir Putin are overseeing the worst coronavirus outbreaks in the world. Public health experts say that "science denialism" and downplaying the threat early on undoubtedly contributed to the virus spiraling out of control in these three countries.There's a "certain amount of luck involved" in terms…
Virgin Orbit's first rocket launch failed due to an unexplained problem after it had a "clean release" from the Cosmic Girl jumbo jet.The airplane and flight crew safely returned to the base in Mojave, California, after the launch attempt on Monday. SpaceX CEO Elon Musk shared support with the company on Twitter, writing that the Falcon…
More than 107 people tested positive for the novel coronavirus after a church service in Frankfurt, health officials said. Churches in the state of Hesse have been able to hold services since May 1 as long as they follow official social distancing and hygiene rules."This situation shows how important it is that all of us stay…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
China reported no new coronavirus cases for the first time since authorities began tracking the pandemic. Despite the milestone in the country that was previously the epicenter for the virus, surges were recorded in India and across Latin America as countries weighed easing lockdown measures. Latin America is the latest epicenter of the virus, and experts have…
