“The vote by Tesla shareholders to reinstate Elon Musk’s compensation package should give Tesla the legal ammunition it needs to have the court officially reinstate it,” business law attorney and Grant Sheldon law firm partner Natela Shenon told Carscoops. “The whole premise of the judge’s...
Tesla CEO Elon Musk said late Wednesday that the electric vehicle company's shareholders were voting to approve his multibillion-dollar pay package by "wide margins," in a post on his social media platform X ahead of the vote's conclusion. "Both Tesla shareholder resolu...
Elon Musk's 2018 CEO Performance Award, as it is officially called, is massive, totaling $56 billion. But how did it get to be that big? Musk was given 10 years of performance targets to hit, targets that when reached would
Tesla has touted Musk's accomplishments for theEV giantsince his pay package was initially approved by shareholders in 2018, writing on its website that Musk has delivered a total shareholder return of nearly 1,100% since then and adding that if he had "failed to achieve unprecedented growth ...
McCormick determined, however, that because Musk was a controlling shareholder with a potential conflict of interest, the pay package must be subject to a more rigorous standard. “The process leading to the approval of Musk’s compensation plan was deeply flawed,” McCormick wrote in the ...
Norway’s sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday.
Teslashareholders on Thursday voted to ratify CEOElon Musk'smammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. At Tesla's annual meeting in Austin, Texas, the vote in support of the ...
Teslashareholders on Thursday voted to ratify CEOElon Musk’smammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. At Tesla’s annual meeting in Austin, Texas, the vote in support of the...
Part of the latest transaction saw him exercising stock options that he was awarded as part of his pay package in 2012, which is due to expire in August next year.最近的交易显示，他行使的股票期权是即将于明年八月过期的2012年薪酬奖励的一部分。Mr Musk has one option to buy 22.86 million ...
However, the judge determined that because he was a controlling shareholder with a potential conflict of interest, the pay package must be subject to a more rigorous standard. "The process leading to the approval of Mr Musk's compensation plan was deeply flawed," Chancellor [judge] Kathaleen St...