Tesla Seeks to Revive Musk’s $47 Billion Pay Deal After Judge Says No

The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.

By: The New York Times

Apr 19 2024
38
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Facing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially give him everything he wanted, including the biggest pay package in corporate history. If setbacks in court and the car m... [995 chars]