TMTPOST--Tesla CEO Elon Musk won a major victory on Thursday night as shareholders approved his historic $56 billion pay package at the company's annual general meeting. Despite this approval, Musk may still face legal challenges regarding the deal. Earlier in the day, Musk had commented confi...
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Tesla has not hired Innisfree since 2018, when it first asked shareholders to vote on Musk's pay package. Companies often only advertise the cost of proxy solicitations when major proposals or proxy fights are expected. (Innisfree was alsosuing Musk's Twitterover unpaid bills.) Musk's pay pa...
Has Tesla CEO Elon Musk already won the controversial shareholder vote to approve his $56 billion pay package? According to his celebratory posts on his social media network, X, things certainly seem headed in that direction as of Wednesday evening. Though Tesla will announce the final results ...
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 CEO Elon Musk.The results of the shareholder vote, which concluded ...
Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024. Tesla shareholders vote to ratify CEO Elon Musk's 2018 pay package, after a Delaware judge rescinded it in January. At the annual meeting in Austin,...
Tesla (TSLA) CEO Elon Musk said that shareholder resolutions to approve his $56B pay package and the company's reincorporation to Texas from Delaware were passed by a wide margin.
Tesla shareholders might be asked to vote on Elon Musk’s nearly $56 billion pay package again. On Monday, Tesla filed paperwork so shareholders could vote to approve Elon Musk’s 2018 pay package again. The filing came with a letter written by Chairperson Robyn Denholm, who wrote that the...
Tesla shareholders should reject CEO Elon Musk's $56 billion pay package, according to proxy advisory firm Glass Lewis, which singled out the "excessive size" of the deal and its potentially negative impact on smaller shareholders. The recommendation from the influential proxy advisory company comes...
Tesla’s stock could get a boost after shareholders gather Thursday to vote on Chief Executive Elon Musk’s massive pay package, unless they vote no.