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The closing stock price was $182.47 on June 13, 2024 (the date the shareholders voted again on the pay package). Multiplying those two figures gives $55.46 billion, which looks a lot like the $56 ...
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Tesla shareholders have re-approved a pay package for CEO Elon Musk worth billions that was already thrown out by a Delaware judge earlier this year in a vote that also approved moving Tesla to Texas.
Other Fortune 500 CEOs don’t even make 1% of Musk’s proposed pay package. ... CEO pay was up nearly 13% year over year in 2023, which is a significant increase from the year prior in which ...
If the courts give Tesla what it wants, it can keep Musk’s plan in place along with a $2.5 billion accounting charge it took back in 2018 when shareholders first agreed to the all-stock-option ...
Tesla CEO Elon Musk won the backing of shareholders Thursday in his fight to reclaim a $56 billion pay package voided by a Delaware judge who ruled the record-breaking compensation was excessive.
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 ...
The package has no salary or cash bonus and sets rewards based on Tesla's market value rising to as much as $650 billion over the 10 years from 2018. The company is currently valued at about $571. ...
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