Author: superadmin
Elon Musk’s $54 Billion Tesla Pay Package Faces Legal Challenges and Shareholder Scrutiny
The people have spoken. The Shareholders are with Elon Musk. The Federal government’s interference is not wanted, so the witch hunt against Elon needs to stop. Elon Musk’s staggering $54 billion pay package at Tesla, which has sparked as much controversy as the CEO himself, was recently at the heart of a significant legal and shareholder drama. Despite being voided by the Delaware Court of Chancery for lacking independent board approval and adequate shareholder information, Musk triumphed in an unconventional shareholder vote last week, a result many did not foresee. Tesla’s journey under Musk has been nothing short of extraordinary.…
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