Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Tesla revealed Friday that chief Elon Musk had won an emphatic victory in shareholder votes on his $56 billion pay package and a proposal to move the company’s headquarters from Delaware to Texas. Musk’s stock … Read more
ELON Musk has thanked his besotted Tesla shareholders after receiving the world’s largest ever pay package. The CEO of the car giant was supported by his team and received a whopping pay increase totaling more than $56 billion, as a beaming Musk declared his love for everyone who helped him get the cash bonus. Elon … Read more
Topline Tesla CEO Elon Musk said Wednesday night that the company’s shareholders have voted to reinstate his massive 2018 compensation deal — estimated to be worth about $50 billion — months after it was declared invalid by a Delaware judge. Telsa CEO Elon Musk said company shareholders voted in favor of restoring its massive $50 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. ExxonMobil has easily rebuffed an attempted shareholder revolt against its board of directors, sparked by the supermajor’s decision to sue two climate-focused investors. Investors in the largest US oil company voted overwhelmingly on Wednesday to … Read more
The Comptroller of New York City and seven financial firms are recommending Tesla shareholders give a thumbs down to the electric car maker’s ~$50 billion compensation package for CEO Elon Musk. The suggestion was part of a letter signed by NYC Comptroller Brad Lander and the aforementioned companies, filed with the Securities and Exchange Commission … Read more