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