By framing the June vote as a reward for past deeds, Tesla's board could end up making itself liable to a new legal challenge—this time against corporate waste.
The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. With Tesla stocks trading at their lowest in almost a year,
Tesla pedirá a sus accionistas que decidan si el director ejecutivo, Elon Musk, debe cobrar el paquete salarial de 2018, tras la decisión de una corte que lo rechazó.
The past few months have been rough for Tesla investors as the electric vehicle maker stumbles its way out of an abysmal first-quarter that has sent shares tumbling and left analysts concerned.
Elon Musk has apologized to some Tesla employees who received “incorrectly low” severance packages due to a mistake in the company’s recent layoffs. In a brief email leaked to media outlets, Musk acknowledged the error and assured that the company was working to remedy it.
Tesla's attempt to seek a shareholder re-vote on CEO Elon Musk's record-breaking pay that was voided by a Delaware judge in January has once again put the spotlight on CEO compensation in corporate America.
Tesla CEO Elon Musk issued a rare apology to ex-workers on Thursday. Read more: Tesla stock just hit a new 52-week low after analysts said investors may start ‘tossing in the towel’ Tesla CEO Elon Musk said some severance packages sent to some of the more than 14,