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 […]
By Abhirup Roy SAN FRANCISCO (Reuters) – Elon Musk’s army of small-investor allies took a victory lap with an endorsement for his $56 billion pay package after the Tesla (TSLA) CEO said shareholders were voting to approve it by a wide margin despite opposition from major institutions. Mom-and-pop investors, who hold an unusually high share […]
(Reuters) – Tesla shareholders are voting to approve a $56 billion pay package for its CEO Elon Musk by wide margins, the billionaire said on social media on Wednesday. The company’s attempt to seek a shareholder re-vote on the record-breaking pay has put the spotlight on CEO compensation in corporate America. Here are what some […]
(Reuters) -Tesla shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle maker’s legal home to Texas, Musk said on social media platform X on Wednesday, adding that passage was by wide margins. Shareholders of the electric-car maker are voting on a proposal to ratify CEO […]
A Tesla shareholder vote on Thursday on whether to reinstate CEO Elon Musk’s $56 billion (€52 billion) pay package that was shot down by a Delaware judge will not provide a quick resolution, irrespective of the tally’s results. Tesla’s board is hoping shareholder approval will give the electric vehicle maker the legal ammunition it needs […]
By Rachael Levy and Hyunjoo Jin (Reuters) – A Tesla shareholder vote on Thursday on whether to reinstate CEO Elon Musk’s $56 billion pay package that was shot down by a Delaware judge will not provide a quick resolution, irrespective of the tally’s results. Tesla’s board is hoping shareholder approval will give the electric vehicle […]
Elon Musk could have $56 billion riding on the outcome of Tesla’s annual meeting this Thursday, when the automaker’s stockholders will vote on the CEO’s record-setting 2018 pay package. But there’s another group that stands to land a record windfall: The legal team that successfully argued against Musk’s payout in a Delaware court earlier this […]
Tesla (TSLA) shareholders are set to vote on a $56 billion pay package for CEO Elon Musk. A number of investors who have large stakes in Tesla have been speaking out about how they are voting. In the video above, Yahoo Finance’s Pras Subramanian reports on what some of the major shareholders are saying. For […]
Tesla (TSLA) shareholders are voting on whether to reapprove a compensation package currently valued at roughly $46 billion for CEO Elon Musk ahead of a June 13 shareholder meeting. The pay package was previously approved by 73% of independent shareholders in 2018 but voided by a Delaware judge in early 2024. What do you think? […]
Elon Musk has asked shareholders to approve a $56 billion compensation package. Chelsea Jia Feng/Bi; Grzegorz Wajda/SOPA/Getty Images Elon Musk’s $56 billion pay package likely won’t be approved by Tesla shareholders, according to Bernstein analyst Toni Sacconaghi. If the pay package is voted down, Tesla stock could fall 5%. “There is a concern that Elon […]
Generally speaking, most shareholder meetings are rather staid affairs with little drama. Even Berkshire Hathaway’s (BRK-B, BRK-A) “Woodstock for Capitalists” is losing some of its allure. For EV maker Tesla (TSLA), however, boardroom drama will be on full display. On Thursday afternoon from its Giga Austin plant, Tesla will announce the results from shareholder votes […]
By Ross Kerber (Reuters) – With major Tesla shareholders appearing divided over whether to endorse Elon Musk’s $56 billion pay package, the company also is looking for support from retail investors who make up an unusually high percentage of the electric carmaker’s ownership base. Small investors tend to favor management, but they often don’t bother […]