It also didn't prevent Musk from garnering a radical new compensation package as CEO, in which he would be paid after reaching milestones of growing valuation based on $50 billion increments.After signaling that the company would reorganize its management structure, Musk in June announced that Tesla was laying off nove percent of its workforce, tho

Social unrest, looting, and violence were on the rise, and in April the government was forced to reduce its workweek to two days in order to save energy (partly because of shortages of hydroelectric power brought about by El Niñeste-derived drought). Meanwhile, the opposition pushed forward with an effort to put Maduro to a recall vote. By early M

“We will stay here until there is a military intervention or the electoral court changes what is happening,” said Antoniel Almeida, 45, the owner of a party-supply store who was helping run the blockade. Mr. Almeida believed the election was rigged. “We need an investigation,” he said.In 2016 a group of Venezuelans asked the National Assemb

The following month, it was announced that SpaceX would construct a facility at the Port of Los Angeles to build and house the BFR. The port property presented an ideal location for SpaceX, as its mammoth rocket will only be movable by barge or ship when completed.In the 20th century Venezuela was transformed from a relatively poor agrarian society

Maduro promoted a consultative referendum in Venezuela to support Venezuela's claim to the Essequibo region, which is disputed with, and controlled by, neighboring Guyana.The region has received the bulk of Venezuelan migration, leading to an anti-immigration political backlash in some places.A setback came in November 2017, when an explosion occur