As a result, they argued, Musk deserved the pay package for having raised Tesla's market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that ...
Tesla chief Elon Musk has slammed a judge's decision to rescind his $56billion pay package for a second time, despite it being approved by shareholders and directors. The payout, which came in the ...
The legislation would amend Delaware General Corporation Law and could pave the way for the reinstatement of Musk’s 2018 CEO ...
Tesla shares fell in premarket exchanges Tuesday after a court rejected Elon Musk's multibillion-dollar pay package again. Shares closed 3.5% higher on Monday at $357.09 but were down 1.6% in ...
since the "dilution from this gargantuan pay package" will ultimately be "erased." In the short term, however, Tesla stock has taken a precipitous downturn in the hours following Tuesday's ruling.
Tesla’s board thought it was aligning CEO and investor interests when they awarded Elon Musk some 300 million options in 2018. They might not have gotten exactly what they bargained for.
As Delaware, long considered a business-friendly state, faces a potential corporate revolt, Gov. Matt Meyer tells BI change ...
For more than a century Delaware has boasted the premier US business court, as legal home to most Fortune 500 companies and the nation’s biggest corporate battles.
However, the deal was rejected by a US ... On Monday, Tesla filed paperwork asking shareholders to approve that move and sign off on the 2018 pay package again. Board chair Robyn Denholm wrote ...
Tesla (TSLA) stock popped this week as investors awaited then digested the results of a shareholder vote that ultimately reinstated CEO Elon Musk's estimated $56 billion pay package. The vote also ...
Tesla shareholders once again approved Elon Musk’s roughly $48 billion pay package, but the CEO can’t expect a payday just yet. A legal expert explains how the case could play out. Photo ...