Take our user survey and make your voice heard.
business

Tesla asks shareholders to reapprove huge Musk pay deal

8 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2024 AFP

©2024 GPlusMedia Inc.

8 Comments
Login to comment

Or what? He will sell to someone with the proper temperament to be CEO?

2 ( +4 / -2 )

I hear there is a video of CNBC’s Andrew Ross-Sorkin making fun of this compensation plan when it was announced years ago, but then Musk actually hit the targets or whatever.

I haven’t seen the video and don’t care about Tesla, but it would be interesting to review since it did strike me as a changing of the rules after the game was played. Doesn’t sit well with my notion of fair and just.

That said, Tesla’s price has been going down big time recently so it does make the story more interesting :)

-1 ( +0 / -1 )

Interesting timing. A few days after announcing that 10% of the workforce will lose their jobs.

0 ( +1 / -1 )

Oh come on, it is only $56 billion.......mere chicken feed to the average American and Chinese workers who have to work 12 hour shift and be underpaid for their dedication.

3 ( +3 / -0 )

Oh come on, it is only $56 billion.......mere chicken feed to the average American and Chinese workers who have to work 12 hour shift and be underpaid for their dedication.

Then get a different job.

-5 ( +0 / -5 )

WTF Tesla will lay off more than 10 percent of their global workforce but shareholders want to approve a vote again to pay for a $56 billion compensation package they had approved in 2018 for CEO Elon Musk. NOW THAT IS THE REAL PROBLEM!

0 ( +0 / -0 )

It should be interesting. I think there's a good chance that one or both of those proposals are voted down. But, we'll see.

0 ( +0 / -0 )

Electric vehicle maker Tesla will ask its shareholders to vote again on a $56 billion compensation package they had approved in 2018 for CEO Elon Musk before it was squashed by a U.S. court earlier this year.

oh, wait, headline from another article

Tesla shares tumble below $150 per share, giving up all gains made over the past year

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites