Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 6 November 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Nov. 6. Tesla shareholders approve a record-setting pay package for Chief Executive Elon Musk. Go to wsj.com for more. And brokerage firm Charles Schwab has agreed to buy Forge Global, one of the major platforms that allows investors to buy shares in private companies. WSJ reporter Hannah Erin Lang discusses why Main Street investors are increasingly looking to those types of investments–and why they are risky. Plus, in an exclusive, we’re reporting that Ford Motor is considering scrapping its electric F-150 truck, a move that would make the truck America’s first major EV casualty. Sharon Terlep, who covers automotive companies for the Journal, weighs in. Alex Ossola hosts. READ: Flight-Cancellation Plans Prompt Scramble Across Travel Industry Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This podcast is brought to you by Dinotrace, the leader in AI-powered observability,
0:04.3	with analytics, automation, and next-level intelligence on one unified platform.
0:08.3	Dinotrace delivers the visibility and real-time insights you need to deliver better,
0:12.2	more secure software, successful AI initiatives, and innovation at the speed of business.
0:16.8	Turn data into decisions that drive your business forward with AI-powered observability where it counts.
0:21.8	Learn more at dinotrace.com slash WSJ. That's www. dY-N-A-T-R-A-C-E dot com slash WSJ.
0:34.1	Why Schwab is the latest Wall Street firm to let its customers invest in private companies.
0:39.3	Plus, Ford is considering scrapping the EV truck it once described as the modern Model T.
0:45.3	And this longtime lawmaker is retiring from Congress.
0:49.3	I'm grateful to my colleagues for their commitment to equality,
0:53.3	which is both our heritage and our hope,
0:57.4	giving me the historic honor of being the first woman speaker of the House of Afghanistan.
1:04.0	It's Thursday, November 6th. I'm Alex O'Sillaf for the Wall Street Journal. This is the PM edition
1:10.0	of What's News, the top headlines and business stories that move the world today.
1:19.1	Employers are reporting more than a million job cuts so far this year, a 65% increase from last year.
1:25.6	That data is from consulting firm Challenger Gray and Christmas,
1:28.9	which tracks job losses each month and released its latest update this morning. I'm joined now
1:33.6	by WSJ economics correspondent Harriet Torrey to talk about the state of the U.S. jobs market.
1:38.8	Harriet, headlines over the past few weeks alone have shown that companies from General Motors
1:43.6	to IBM to UPS and Amazon are
1:46.4	cutting thousands of jobs. What does the stream of layoff announcements tell us about the job market
1:51.7	at the moment? The main takeaway is that demand for labor is slowing. Companies cite different
	...

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