January 31, 2024 – News emerged on the 31st that Tesla CEO Elon Musk’s US$55 billion compensation plan has been rejected by the Chief Justice of the Court of Chancery in Delaware, following raised by Tesla shareholders. The judge opined that the massive stock option award granted to Mu...
As ifTesla(NASDAQ: TSLA) hadn't announced enough unbelievable targets, the company has now proposed a new compensation plan for CEO, chairman, and co-founder Elon Musk that will only fully vest if the electric-car maker becomes one of the most valuable companies in the world. In additio...
Over the years, an unusual compensation package that rewarded Musk with large chunks of Tesla stock for hitting certain performance benchmarks made him the richest person on the planet. Tesla’s meteoric rise eas earned Muska net worth of more than $200 billion, according to the Bloomberg Billi...
Tesla shareholders meeting over Elon Musk's compensation package06:46 In the history of U.S. corporate pay packages, there have been plenty of massivepayoutsworth almost $1 billion in today's dollars. But none comes close to the $46 billion pay deal Tesla shareholders on Thursday handed to ...
Musk's 2018 compensation plan was "the largest potential compensation opportunity ever observed in public markets by multiple orders of magnitude," McCormick wrote in her decision. The unusual plan, valued at a maximum of US$55.8 ...
Tesla (TSLA) CEO Elon Musk has lost his latest legal battle to try and reinstate his $56 billion pay package. A Delaware judge has upheld her previous ruling that struck down the compensation plan, ruling that it was improperly granted to Musk back in 2018. The $56 billion p...
Judge Aims to Rule on Elon Musk's $56 Billion Tesla Pay by Year End More Reuters Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U...
Tesla CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s board of directors that is potentially worth more than $55 billion. Musk denied that he dictated terms of the compensation pa...
Monday that Tesla’s board was improperly influenced by Musk when it adopted the billionaire’s plan in 2018. It was the second time she rejected the pay package as excessive, sticking with her original finding in January even after shareholders backed the plan and Musk asked her to recon...
“while musk might get away with a [nazi-like] salute in some parts of the world, european markets reject such behavior,” kraaijvanger tells wired. “world war ii still casts a long shadow." he may be right. tesla sales are in free fall in europe right now. last month, norway—...