Tesla is putting Elon Musk’s pay package up for another vote after a judge voided the first one

Elon Musk, in a tux, looking befuddled Illustration: Lille Allen / The Verge

Tesla is asking shareholders to vote for a second time on Elon Musk’s massive compensation package, after a Delaware judge voided the first one earlier this year on the grounds that the approval process was “deeply flawed.”

Tesla shareholders approved the package in 2018, which gave Musk incentive to hit specific milestones, including a market valuation of $650 billion, which was more than 10 times ...

Read Entire Article

© 2024 Thiratti. All rights reserved.