TechCrunch Mobility: Elon Musk’s threats worked

Welcome back to TechCrunch Mobility, your central source for news on the future of transportation. You have likely heard that Elon Musk received his one trillion dollar pay package. The coverage of that shareholder vote is widespread. But what does…

Is Wall Street losing faith in AI?

A rough week for tech stocks may signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down three percent, marking its worst week since a sweeping tariff plan was…

Rivian gives RJ Scaringe a new pay package worth up to $5B

Rivian has granted its founder and CEO RJ Scaringe a new performance-based stock award. This award could ultimately be worth approximately five billion dollars if all the underlying performance goals are met. According to a new filing, Scaringe’s salary is…