Tag: package

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 […]

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 […]

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 […]