Norway’s sovereign wealth fund, one of Tesla’s biggest investors says it will vote against a proposed compensation package that could pay CEO Elon Musk as much as $1 trillion over a decade. The Mafia ...
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Tesla shareholders awarded CEO Elon Musk a pay package on Wednesday that could grant the tech entrepreneur nearly $1 trillion ...
Follow live coverage and news from Tesla's annual shareholder meeting on Thursday. Investors voted on Elon Musk's $1 trillion ...
The vote comes after a top shareholder, Norway's sovereign wealth fund, said it would vote against the pay package.
Supporters have said the nearly $1 trillion package benefits shareholders, as Musk must ensure Tesla hits a series of ...
The proposal was approved with over 75% support, and the Tesla CEO bounded to the stage of its annual meeting in Austin, ...
That kind of money is several million times the pay of a typical Tesla engineer and is equal to the GDP of Switzerland.
The money will be awarded in a series of payments over 10 years if Tesla meets a series of performance benchmarks.
Preliminary results of Tesla's shareholder vote, which included a a trillion-dollar compensation package proposal for its chief Elon Musk, arrived at the annual meeting today.
Tesla shareholders will decide on CEO Elon Musk's $1 trillion pay package, which is tied to ambitious market cap goals and ...
The new package, which includes 12 chunks of stock, could give Musk control over as much as 25% of Tesla if he hits a series of milestones.
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