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The Dutch pension fund ABP sold its Tesla stake over Elon Musk's pay and the company's working conditions, a report says. ABP disagreed with Musk's compensation package and voted against it in June.
The fund, which also opposed Musk's pay package in 2018, holds a $5.6 billion stake encompassing 31.57 million shares, or 0.99% of all shares outstanding, making it Tesla's seventh-largest ...
Tesla CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s board of directors that is ...
In October 2021 a jury verdict in the Owen Diaz vs. Tesla trial awarded the plaintiff $137 million in damages after he faced racial harassment at Tesla's Fremont facility during 2015–2016. [175] [176] In April 2022, federal judge William Orrick upheld the jury finding of Tesla's liability but reduced the award to $15 million. Tesla had sought ...
The head of a massive California pension fund told CNBC on Monday that he is voting against the revised pay package for Tesla CEO Elon Musk.. The vote this week is to effectively reinstate a 2018 ...
On February 4, three federal employee unions—the Alliance for Retired Americans, the AFGE, and the Service Employees International Union (SEIU)—filed a lawsuit against the Treasury Department, [g] alleging that Treasury Secretary Scott Bessent unlawfully granted DOGE access to sensitive data. The White House defended Musk's role, stating he ...
Baron noted that when Musk’s original pay package of stock and stock options was approved by shareholders in March 2018, Tesla’s market cap stood at $53.5 billion. As of June 4, Tesla’s ...
Tesla's largest outside investor Vanguard said it voted in favor of CEO Elon Musk's $56 billion pay package, citing the company's performance, contributing to the passage of the record-setting ...