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Tesla Faces Uphill Battle to Secure Shareholder Approval for Compensation Package and Corporate Move to Texas /
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2024-06-13 03:00:53

Tesla Faces Uphill Battle to Secure Shareholder Approval for Compensation Package and Corporate Move to Texas on Nostr: Tesla Shareholders Vote on Elon Musk's $56 Billion Pay Package =============== ...

Tesla Shareholders Vote on Elon Musk's $56 Billion Pay Package
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#dcbba812 ver:0.27

Tesla shareholders are voting on Elon Musk's $56 billion pay package, with some investors planning to vote against it. Proxy advisory firms Glass Lewis and ISS have recommended voting against the package, citing reasons such as excessive size and lack of performance targets. However, Tesla's board chair, Robyn Denholm, defends the pay package, stating that it motivates Musk and that not paying him would be unfair. Norway's state fund, NBIM, will also vote against the package. In addition to the pay controversy, Tesla is seeking approval for its relocation from Delaware to Texas. Musk is encouraging shareholders to vote in favor of the plan. #Tesla #ElonMusk #ShareholdersVote #PayPackage...

#newstr #Tesla #ElonMusk #Shareholders #PayPackage #Vote #Texas #Delaware

https://here.news/story/dcbba812?ver=0.27
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