Electric carmaker’s CEO faces crunch vote before its AGM over biggest pay package in US corporate history
Analysis: Should Tesla pay Elon Musk $45bn?Business live – latest updates
Elon Musk has claimed Tesla shareholders are voting by a wide margin to approve his $56bn (£44bn) compensation package before 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.
Electric carmaker’s CEO faces crunch vote before its AGM over biggest pay package in US corporate historyAnalysis: Should Tesla pay Elon Musk $45bn?Business live – latest updatesElon Musk has claimed Tesla shareholders are voting by a wide margin to approve his $56bn (£44bn) compensation package before 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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