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Tesla Shareholders Urged to Reject Musk's $56B Pay Package

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Source: Yahoo Finance
Tesla Shareholders Urged to Reject Musk's $56B Pay Package
Photo: Yahoo Finance
TL;DR Summary

A Delaware judge, who voided Elon Musk's $56 billion Tesla pay package, feels assured that Tesla will not use an upcoming shareholder vote to challenge her ruling in another jurisdiction. Tesla shareholders are set to vote on June 13 to ratify the pay package and reincorporate in Texas. The judge must also decide on a $6 billion legal fee request from the shareholder's legal team before any appeal can proceed.

Topics:business#delaware-court#elon-musk#legal#legal-dispute#shareholder-vote#tesla
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  1. Judge assured that Tesla won't contest Musk pay ruling outside Delaware  Yahoo Finance
  2. Tesla shareholders advised to reject Musk's $56 billion pay  CNBC
  3. Musk offers factory tours to investors as he seeks support for his pay package  Reuters
  4. Tesla Shareholders Should Vote No On Elon Musk's $56 Billion Pay Deal, Glass Lewis Says  Investor's Business Daily
  5. Tesla’s shareholder meeting has even higher stakes this year. Here’s why.  MarketWatch

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