(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 […]
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 […]
(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 […]
Elon Musk has claimed that Tesla shareholder votes on a record-breaking payout to the billionaire boss and a plan to move the firm’s legal headquarters to Texas are “currently passing by wide margins”. Shareholders in the car company have been voting on a number of proposals, including one that could give the multi-billionaire chief executive […]
(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 […]
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 […]
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? […]
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 […]
Joseph Otting, New York Community Bancorp’s recently installed CEO, described a March 6 capital raise of $1.05 billion as the best decision for investors. “If the capital raise was not ready to go specifically that afternoon, the chances of the company surviving would have been at a peril,” he told shareholders. Credit: Bloomberg New York […]
Tesla (TSLA) shareholders are gearing up for a pivotal vote on CEO Elon Musk’s unprecedented $56 billion pay package. This highly anticipated decision will be revealed during the company’s shareholder meeting on Thursday, June 13. Yahoo Finance’s Pras Subramanian breaks down the details, discussing the Telsa independent chair’s support for the approval of this substantial […]