Elon Musk’s $50 billion Tesla pay was struck down. What happens next?
Thursday, 1 February 2024 Chancellor McCormick of the Delaware Court of Chancery orders cancellation of Elon Musk's $50 billion stock options, impacting Tesla's financial landscape. Musk remains a wealthy shareholder with around $78 billion. Musk suggests relocating Tesla to Texas, but shareholder approval is needed. Concerns about Musk's departure lead to a 2% drop in Tesla's share price.
Elon Musk Wants to Reincorporate , Tesla in Texas.
On Jan. 31, a Delaware judge ruled that Musk cannot receive a $56 billion pay package that Tesla granted to him in 2018, CNBC reports. .
The ruling was largely due to the fact that Musk was in control of the board of directors when he received the...
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Elon Musk delivers a motivational speech for 2023. Listen to the end for the most life changing quote of all time. Don't let anyone ever tell you that you cannot achieve your dreams. Elon Musk..
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Elon Musk suffered one of the biggest legal losses in US history this week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an... IndiaTimes
Due to a lawsuit led by Richard Tornetta, Elon Musk, the co-founder and CEO of Tesla, isn't going to get that $55 billion pay package, which is approximately Rs... DNA
Jeff Bezos plans to sell up to 50 million shares of Amazon over the next year, taking advantage of the stock surge. Bezos is now $8.1 billion behind Elon Musk,... IndiaTimes