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Category: McCormick, Kathaleen St J

Posted on January 31, 2024

Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next?

The company’s board of directors will now decide whether to appeal the decision, change where Tesla is incorporated or negotiate a new pay package.
Posted on January 30, 2024

Elon Musk’s Tesla Pay Package Is Struck Down by Judge

Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
Posted on November 16, 2022

Musk Testifies in Trial Over His Tesla Compensation Package

The billionaire chief executive testified about a multibillion-dollar compensation package the electric car company’s board put in place in 2018.
Posted on November 16, 2022

Elon Musk Heads to Court to Defend His Billions in Tesla Pay

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.

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