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Tech titans divided over whether to pay billionaire tax or flee California
State residents worth more than $1bn could face one-off, 5% tax to help fund education, food assistance and healthcare A battle is brewing in California over a plan to tax billionaires – with tech titans divided over whether they should pay up, or flee the state. Under a tax proposal that could be put to…
Tesla offers Elon Musk a trillion-dollar pay package
CEO will have to increase the value of his electric car company from just over $1tn to $8.5tn over 10 years Business live – latest updates Elon Musk could become the world’s first trillionaire if he hits targets set by Tesla, under a scheme disclosed by the electric car company he runs and in which…