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Tesla shareholder Richard Tornetta filed a lawsuit against Musk and the company in 2018 after the majority of shareholders approved a 10-year performance-based pay package for Musk.
Tesla cannot give Elon Musk a $56 billion compensation package despite a vote in support of the CEO's pay deal by the company's shareholders, a Delaware judge ruled on Monday. Musk told a special ...
Elon Musk's battle over his Tesla pay is entering a new phase. A Delaware judge ruled on Monday that Tesla's shareholder vote wasn't enough to pass Elon Musk's $55 billion compensation package.
Tesla shareholders have voted twice to hand CEO Elon Musk a compensation package valued at more than $50 billion, which would make him the highest-paid executive ever. In a post Tuesday on X ...
Tesla has made it clear that it’s willing to go the distance to reinstate CEO Elon Musk’s $56 billion pay package.Just hours after Delaware’s top Chancery Court judge, Chancellor Kathaleen ...
Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth ...
A judge rules Elon Musk is not entitled to receive the compensation package Tesla shareholders voted for. The package is worth $103 billion and consists of 303 million Tesla options.
Tesla accountants estimate the same package valued at today’s price rather than that of 2018 would cost investors more than $25 billion. This would be on top of the original $2.3 billion of ...