(Reuters) -Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping his focus on his biggest source of wealth. The approval of the largest CEO package in U.S. corporate history underscores the sport Musk has from the company’s […]
Tesla shareholders have voted to restore chief executive Elon Musk’s record 44.9 billion US dollar (£35 billion) pay package that was thrown out by a Delaware judge earlier this year. Vote totals were not immediately announced at Tesla’s annual stockholders’ meeting on Thursday, but the company said they voted for Mr Musk’s compensation plan, which […]
Tesla (TSLA) shareholders re-approved Elon Musk’s record-breaking pay pact and signed off on a new Texas incorporation, a show of support for the CEO as he fights legal battles on multiple fronts. “Hot damn I love you guys,” Musk said after the votes were tabulated, while speaking at the company’s annual shareholder meeting in Austin, […]
In the history of U.S. corporate pay packages, there have been plenty of massive payouts worth almost $1 billion in today’s dollars. But none comes close to the $46 billion pay deal Tesla shareholders appear to be on the verge of handing over to CEO Elon Musk. The results of the shareholder vote, which concludes today, will […]
Elon Musk and Donald Trump.Lisa O’Connor/AFP/Getty Images and AP Photo/Chris Carlson Elon Musk appears to be emulating Donald Trump’s playbook. The Tesla CEO also seems to be immune to scandals in a similar way to the former president. Supporters of both Musk and Trump appear willing to overlook their sometimes questionable behavior. Elon Musk seems […]
Elon Musk appears to be emulating Donald Trump’s playbook. The Tesla CEO also seems to be immune to scandals in a similar way to the former president. Supporters of both Musk and Trump appear willing to overlook their sometimes questionable behavior. Elon Musk seems to be taking a page out of Donald Trump’s playbook. The […]
US stock futures traded mixed on Thursday, with the S&P 500 holding near its record high as investors weighed the two-way pull of cooling inflation and a Federal Reserve pullback on interest rate cuts. S&P 500 futures (ES=F) edged up 0.1% after the benchmark topped 5,400 to close at a fresh all-time high. Contracts on […]
Today Tesla shareholders will finally answer a $56 billion question hanging over the company: Can CEO Elon Musk keep his record-breaking pay? While Musk posted late Wednesday night that the votes were trending for passage of his pay package, official word won’t come down until later today — though Tesla shares are jumping in the […]
Gwynne Shotwell seems to run the show at Elon Musk‘s SpaceX. She oversees most of the rocket company’s central business, per an org chart from The Information. Here’s everything we know about the SpaceX president and COO. SpaceX president and chief operating officer Gwynne Shotwell appears to be calling the shots at Elon Musk‘s company. […]
Dow Jones futures dropped, while other major stock indexes rose Thursday as Wall Street awaited inflation data and weekly jobless claims from the Labor Department. And Tesla (TSLA) stock surged on the stock market today after CEO Elon Musk’s tweet on the ongoing shareholder votes. X Prior to the opening bell, the Dow Jones futures […]
Tesla (TSLA) stock ran higher before the market opened Thursday after Chief Executive Elon Musk revealed late Wednesday that shareholders were poised to approve his 2018 $56 billion pay package and to reincorporate the EV giant in Texas, moving it from Delaware. X Tesla holds its annual shareholder meeting after the market closes on Thursday. […]
They like him. They really do like him. Tesla investors looked set to re-approve CEO Elon Musk’s 2018 $56 billion compensation package. Musk tweeted a running vote tally on Wednesday evening that shows support for the pay packaging crossing over the required 50% line. He added “Thanks for your support!!” in the tweet. The results […]