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Tesla Board Vows Not to Move Musk Mega-Pay Court Fight to Texas [BNN Bloomberg (Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Lawyers for Tesla's board say an investor who persuaded a Delaware judge to void Musk's record-setting pay package is raising “hypothetical” fears about a June proxy vote on whether the company should ditch Delaware and reinstate Musk's compensation plan. Tesla directors “have not threatened, and do not intend, to seek to litigate any issue relating to this action in any other forum,” the board's lawyers said in a Delaware Chancery Court filing made public Wednesday. The company made similar arguments in an April filing. Read More: Tesla Pushes Back on Investor's Latest Move in Musk Pay Row Musk called for Tesla to move its corporate home to Texas after Delaware Chancery Judge Kathaleen St. J. McCormick in January rescinded his pay package over director conflicts of interest and the company's failure to properly disclose the plan's details. Richard Tornetta, the shareholder who won the ruling after a 2022 trial, wants the judge to issue an order ahead of the June 13 annual sh [Read more]
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Stockreport

Tesla Board Vows Not to Move Musk Mega-Pay Court Fight to Texas [BNN Bloomberg (Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Lawyers for Tesla's board say an investor who persuaded a Delaware judge to void Musk's record-setting pay package is raising “hypothetical” fears about a June proxy vote on whether the company should ditch Delaware and reinstate Musk's compensation plan. Tesla directors “have not threatened, and do not intend, to seek to litigate any issue relating to this action in any other forum,” the board's lawyers said in a Delaware Chancery Court filing made public Wednesday. The company made similar arguments in an April filing. Read More: Tesla Pushes Back on Investor's Latest Move in Musk Pay Row Musk called for Tesla to move its corporate home to Texas after Delaware Chancery Judge Kathaleen St. J. McCormick in January rescinded his pay package over director conflicts of interest and the company's failure to properly disclose the plan's details. Richard Tornetta, the shareholder who won the ruling after a 2022 trial, wants the judge to issue an order ahead of the June 13 annual sh [Read more]
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TSLA
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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Multi-day stock performance from the time of the news release
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PERFORMANCE SINCE EVENT
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