Tesla Shareholders Reapprove Elon Musk’s Massive Compensation Package

Tesla shareholders voted to reapproval CEO Elon Musk’s huge compensation package, despite a Delaware judge ruling it invalid earlier this year. The Verge Reports In the vote, widely seen as a referendum on Musk’s leadership at a turbulent time for the electric car giant, investors also approved moving Tesla’s legal headquarters from Delaware to Texas […]

After Elon Musk’s $56B pay win, Tesla faces judge who called it ‘unfathomable’

Tesla Inc.’s board chairman said Friday he will try to use Thursday’s strong support for Elon Musk’s $56 billion compensation package to persuade a Delaware judge who invalidated the 2018 agreement. The lengthy process of reaffirming the company’s largest-ever compensation package ended on Thursday after nearly three-quarters of shareholders, excluding Musk and his siblings, voted […]

Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts | Elon Musk

Tesla’s Elon Musk’s fight to reinstate his $45bn (£35bn) pay package is far from over, despite shareholders backing the CEO’s pay deal, legal experts say. Investors in the electric car maker re-approved the wage pact on Thursday after a judge in the US state of Delaware invalidated it, with the company’s chairman Robin Deanholm already […]

Tesla shareholders vote to reinstate Musk’s $56B pay package, relocate to Texas

Emil Michael, CEO of DPCM Capital and former Chief Operating Officer of Uber, discusses Tesla’s business strategy and its potential impact on the stock price. Tesla shareholders voted to reinstate the company on Thursday. CEO Elon Musk The $56 billion compensation package was voided by a Delaware judge and the company’s state of incorporation was […]

Elon Musk’s $56B Tesla pay package in the balance as shareholders hold meeting

Constellation Research founder R. “Lei” Wang talks about Elon Musk’s threat to ban his company from using Apple products over its partnership with OpenAI. Tesla Shareholders The company is set to decide whether to reinstate CEO Elon Musk’s $56 billion compensation package at the electric car maker’s annual shareholder meeting on Thursday. Musk’s compensation packageTesla’s […]

Elon Musk’s X Begins Hiding Likes For Users

X is introducing “private likes,” which are expected to appear on users’ timelines from Wednesday. New Delhi: Elon Musk confirmed on Wednesday that a new feature will be introduced for X users that will hide all “likes” by default. X is introducing “private likes,” which are expected to appear on users’ timelines from Wednesday. This […]

California pension fund to oppose Elon Musk’s ‘ridiculous’ Tesla $56B payday

The California State Teachers’ Retirement System plans to vote against Tesla CEO Elon Musk’s $56 billion compensation package, the pension fund’s chief investment officer said. He told CNBC on monday. “We’re paying him 140 times what the average worker makes. How’s that? I think that’s fair enough. This pay structure is ridiculous,” Chris Eilman said […]

World’s largest wealth fund to vote against Musk’s $56 billion Tesla pay package

Varney & Co. host Stuart Varney discusses whether Elon Musk’s latest tech bet will pay off for investors. Tesla Inc.’s eighth-largest shareholder said it will vote against next week’s planned shareholder vote to approve a $56 billion compensation package for Chief Executive Officer Elon Musk. Norway’s $1.7 trillion sovereign wealth fund, which has criticised excessive […]