Tag: 45bnhas

Tesla plan to re-run vote on Elon Musk’s record pay deal—now worth $45bn—has a fatal flaw, warns Tulane law professor

Tesla could be setting itself up for a new legal challenge over Elon Musk’s record compensation deal, a law professor at Tulane University warned. On Wednesday, the company urged investors to “restore Tesla’s stockholder democracy” by ratifying in June the 2018 vote that awarded Musk the largest pay package in human history after a Delaware court ruled the approval […]