In pursuit of an undefined 'next level,' the volatile founder says the EV maker could benefit from a 'complete organizational overhaul' just after the company cut its global workforce by 10 percent.
Tesla Inc. will ask shareholders to vote again on the same $56 billion compensation package for Chief Executive Officer Elon Musk that was voided by a Delaware court early this year.
Elon Musk is asking Tesla shareholders to approve two proposals that would be unthinkable at almost any other public company: Moving the corporate headquarters out of Delaware, and giving the CEO billions in pay that's already been stripped from him by a Delaware judge.
Tesla stock fell again Wednesday as the company planned to ask shareholders to vote again on Musk’s 2018 pay package as part of its 2024 preliminary proxy statement. Musk’s massive 2018 options grant,
Since then, Tesla ads have showed up in places like Google search results and on YouTube. Tesla also paid X around $50,000 in 2023 and $30,000 through February 2024 for "commercial, consulting and support agreements.
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