New Allegations Arise Regarding Elon Musk’s Behavior Towards Female SpaceX Employees

Recent reports have surfaced concerning Elon Musk's interactions with female staff at SpaceX, adding to the ongoing scrutiny of his conduct. The Wall Street Journal released an in-depth article shedding light on Musk's behavior, coinciding with a crucial time as Tesla investors deliberate on his substantial $55 billion compensation package.

Elon Musk Under Scrutiny

As Tesla shareholders gear up to vote on the hefty pay package, Musk finds himself under the spotlight following a fresh report detailing his engagements with several female employees within his space exploration company, SpaceX. The Wall Street Journal's investigative piece drew insights from former SpaceX staff, individuals familiar with the situation, and documented evidence.

One woman recounted to acquaintances that she engaged in intimate activities with Musk, commencing with a kiss shortly after meeting him during her internship at SpaceX in the early 2010s. Despite transitioning to a full-time role at SpaceX post-internship, she clarified that Musk's actions towards her were not unwarranted or predatory.

The woman's legal representatives, acting on behalf of both her and Musk, conveyed her sentiments to the Wall Street Journal. Musk refrained from commenting on the allegations when contacted by the publication, as did representatives from SpaceX and Musk's camp when approached by Business Insider outside regular working hours.

Unveiling Past Incidents

The Wall Street Journal's report referenced a prior incident involving Musk and a flight attendant on SpaceX's corporate aircraft, previously covered by Business Insider in May 2022. Allegations emerged that Musk exposed himself to the flight attendant, resulting in a $250,000 settlement by the aerospace company in 2018 to resolve the claim of sexual misconduct against Musk.

Despite requests for comments from Musk, he initially sought additional time to respond, hinting at a more comprehensive narrative behind the episode. However, Musk did not provide further insights even after Business Insider extended their deadline for a response.

The 'Muskonomy' and Shareholder Dilemma

Alongside the ongoing discussions regarding Musk's substantial compensation package, Tesla shareholders face decisions on proposals like incorporating the electric vehicle giant in Texas. Musk's efforts to sway shareholders include personalized tours of a Texas factory, emphasizing the advantages of integrating Tesla within his diverse business portfolio, often dubbed the "Muskonomy."

Musk has articulated his commitment to rewarding long-term shareholders across his ventures if they continue to support him, promoting loyalty among stakeholders. However, shareholder sentiments remain divided, with notable investors like Norway's sovereign wealth fund and the California Public Employees' Retirement System expressing reservations about Musk's compensation plan.

Despite varying opinions among shareholders, institutional investors like Baillie Gifford have signaled their support for Musk's remuneration proposal, citing the ambitious objectives aligned with the package. As the shareholder vote unfolds, the outcome remains uncertain, reflecting the nuanced perspectives within Tesla's investor community.

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By: ktan@businessinsider.com (Kwan Wei Kevin Tan,Hasan Chowdhury)
Title: New Allegations Arise Regarding Elon Musk’s Behavior Towards Female SpaceX Employees
Sourced From: www.businessinsider.com/elon-musk-spacex-female-employees-tesla-shareholder-vote-2024-6
Published Date: Wed, 12 Jun 2024 14:01:45 +0000