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DETROIT — Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of ...
TESLA SHAREHOLDERS VOTE TO REINSTATE MUSK'S $56B PAY PACKAGE McCormick will hear oral arguments regarding the legal fee on July 8 and may take a few weeks before issuing a ruling on the matter.
Tesla reported Friday that the pay package was approved by 84% of shares not held by Musk or his brother Kimbal Musk, who did not vote. That’s more than the 73% of shares that voted in favor ...
reapproval of the pay package could now be handled as a Texas corporation, which means the issue could fall under the purview of Texas courts. The vote on Musk's payout stems from a court ruling ...
Tesla shareholders will deliver a verdict on CEO Elon Musk's massive pay package later today. The title of richest person in the world isn't the only thing at stake. The vote carries weight for ...
Tesla’s board responded by asking shareholders to participate in a new vote on whether to award ... made by the plaintiffs ...
As a result, according to the 2023 proxy statement, Musk has earned all but 25 million of the options available to him. The entire package is worth $56 billion at current prices. Each option has a ...
Tesla’s board has reportedly formed a special committee to reconsider CEO Elon Musk’s pay, potentially setting the stage for ...
Musk and the board say they plan to appeal McCormick’s ruling, and they’re hoping a second vote will, in effect, override McCormick’s concerns about the pay package. The board is also ...
Despite the widespread support among shareholders back in 2018 for Musk’s pay package, the Tesla board seems to be scrambling to shore-up support for this month’s vote. It has filed with the ...
Here are four ways the vote could go. Photo illustration: John McColgan Tesla shareholders are being asked to approve CEO Elon Musk’s record pay package again after a judge struck it down.