Musk's R1.06-trillion Tesla payday up for another shareholder vote

Hanno Labuschagne

Journalist
Staff member
Joined
Sep 2, 2019
Messages
5,401
Musk's R1.06-trillion Tesla payday up for another shareholder vote

Tesla Inc. will ask shareholders to vote again on the same $56-billion (R1.06-trillion) compensation package for chief executive officer Elon Musk that was voided by a Delaware court early this year.

In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas from Delaware. The carmaker will convene its annual meeting on June 13.

[Bloomberg]
 
They have to pay him. He can also sue for not being compensated which I think would be more damaging to Tesla than just paying. Judge is probably one of those low self esteem people that hate on Elon.
 
Guaranteed that that judge is not very popular in the state tax office.
 
Back
Top