Elon Musk says Tesla shareholders voting to back $45bn pay deal
Electric carmaker’s CEO faces crunch vote before its AGM over biggest pay package in US corporate historyAnalysis: Should Tesla approve Elon Musk’s pay package?Business live – latest updatesElon Musk has claimed Tesla shareholders are voting by a wide margin to approve a compensation package for him worth about $45bn in the run-up to the electric carmaker’s crunch annual general meeting later on Thursday.The pay package, which is the highest ever awarded to the chief executive of a US company, is subject to an investor ballot after it was thrown out by a US judge earlier this year. Shareholders will also vote on Musk’s proposal to move the legal base of the electric carmaker to Texas. Continue reading...
Electric carmaker’s CEO faces crunch vote before its AGM over biggest pay package in US corporate history
Elon Musk has claimed Tesla shareholders are voting by a wide margin to approve a compensation package for him worth about $45bn in the run-up to the electric carmaker’s crunch annual general meeting later on Thursday.
The pay package, which is the highest ever awarded to the chief executive of a US company, is subject to an investor ballot after it was thrown out by a US judge earlier this year. Shareholders will also vote on Musk’s proposal to move the legal base of the electric carmaker to Texas. Continue reading...
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