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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.
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 ...
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 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.
A Delaware judge once shot down Elon Musk's pay package after it was voted on by Tesla investors a second time. Richard Bord A Delaware judge decided against reinstating Elon Musk's more than $55 ...
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 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 ...
In 2018, Tesla estimated the value of Musk’s compensation package at $2.28 billion, topping the previous highest package of $1.39 billion given to Blackstone’s Steven Schwarzman 10 years ...
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