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 […]
Tag: package
Elon Musk drama intensifies as Tesla shareholders vote on his $56B pay package: Here’s what’s at stake
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 […]
Tesla Jumps After Musk Says Shareholders Backed Pay Package
(Bloomberg) — Tesla Inc. shares jumped in early trading after Elon Musk said shareholders voted “by wide margins” in favor of re-approving his compensation package and moving the company’s state of incorporation to Texas. Most Read from Bloomberg The chief executive officer posted voting results on X, the social media site he owns, hours before […]
Reaction to Musk’s post on voting for his $56 billion Tesla pay package
(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 […]
Tesla shareholders voting yes for Musk’s $56 billion pay package, CEO says on X
(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 […]
Future of Elon Musk and Tesla are on the line this week as shareholders vote on massive pay package
DETROIT (AP) — If Tesla shareholders vote against restoring Elon Musk’s $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of this other companies. Or he could even could walk away. If they approve the all-stock compensation package that was thrown out by a Delaware judge […]
What will happen to Tesla CEO Elon Musk’s $56 billion pay package?
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 […]
Explainer-What will happen to Tesla CEO Elon Musk’s $56 billion pay package?
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 […]
The lawyers who blocked Elon Musk’s Tesla pay package are demanding a $5.6 billion payout and are prepared to ‘eat our cooking’
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 […]
Elon Musk’s Tesla pay package: More shareholders speak out
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 […]
Porch pirate steals package in front of FedEx delivery driver in Ohio, video shows
A brazen porch pirate in Ohio was recently caught on home surveillance video stealing a package right in front of a FedEx delivery driver, who had set the box down on a doorstep just seconds earlier. The theft unfolded right outside the home of Kyle Dorsch in northwest Columbus on June 3. Dorsch shared video […]
Should Tesla shareholders once again bless CEO Elon Musk’s pay package proposal?
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? […]