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At the time of the shareholder derivative lawsuit challenging the pay, Musk had not exercised any of the 303 million share options that it granted. The stock options in the invalidated agreement ...
The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package, after a Delaware judge voided it in January because she found that ...
Elon Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday. The ruling by ...
Tesla stock fell 1.6% Tuesday after a Delaware judge denied CEO Elon Musk's $56 billion pay package for a second time.The Delaware Court of Chancery in January struck down Musk’s performance ...
On October 24, 2019, the transcripts of video depositions of Elon Musk and other SolarCity board members became widely available. [97] The trial was held in July 2021. [98] On October 22, 2021, the lawsuit was limited to a derivative lawsuit and the direct claims against Musk were dismissed. [99]
(Reuters) - A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the ...
Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate ...
In May 2022, Business Insider cited an anonymous friend of an unnamed SpaceX contract flight attendant, alleging that Musk engaged in sexual misconduct in 2016. The source stated that in November 2018, Musk, SpaceX, and the former flight attendant entered into a severance agreement granting the attendant a $250,000 payment in exchange for a promise not to sue over the claims. [35]