Jerome Powell Clears the Senate: DealBook Briefing
Here’s what Mr. Musk told Andrew:
“If all that happens over the next 10 years is that Tesla’s value grows by 80 or 90 percent, then my amount of compensation would be zero,” he said.
— Michael J. de la Merced
Per a company press release:
• The company will spend $50 million to cover hourly employees’ tuition costs for education
or vocational training, including for courses unrelated to their current jobs
The total is $175 million this fiscal year.
has been a vocal proponent of the tax overhaul, is doing:
• Raising wages by about 10 percent on average, to between $15 and $18 an hour, and improving benefits
• Expanding branches, at a time when other banks are scaling back
• Raising philanthropic giving by 40 percent, to $1.75 billion, over five years
• Increasing lending to small businesses by $4 billion
• Improving lending to low- to -moderate-income communities and to affordable housing projects
All that will cost an estimated $20 billion.
