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Stockreport

Elon Musk's 2018 Tesla pay package musk be restored, Delaware supreme court rules [CNBC]

Tesla, Inc. (TSLA)  More Company Research Source: CNBC
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In this article Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Elon Musk 's 2018 CEO pay package from Tesla , worth some $56 billion when it vested, must be restored, the Delaware Supreme Court ruled Friday. The decision likely ends the years-long fight over Musk's record-setting compensation. Musk's 2018 CEO pay package from Tesla, comprised of 12 milestone-based tranches of stock, was unprecedented at the time it was proposed. After it was granted, the pay plan made Musk the wealthiest individual in the world. A shareholder named Richard J. Tornetta sued, filing a derivative action in 2018, accusing Musk and the Tesla board of a breach of their fiduciary duties. Delaware's business-specialized Court of Chancery decided in January 2024 that the pay plan was improperly granted and ordered it to be rescinded. In her decision, Chancellor Kathalee [Read more]
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Stockreport

Elon Musk's 2018 Tesla pay package musk be restored, Delaware supreme court rules [CNBC]

Tesla, Inc.  (TSLA) 
More Company Research Source: CNBC
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In this article Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Elon Musk 's 2018 CEO pay package from Tesla , worth some $56 billion when it vested, must be restored, the Delaware Supreme Court ruled Friday. The decision likely ends the years-long fight over Musk's record-setting compensation. Musk's 2018 CEO pay package from Tesla, comprised of 12 milestone-based tranches of stock, was unprecedented at the time it was proposed. After it was granted, the pay plan made Musk the wealthiest individual in the world. A shareholder named Richard J. Tornetta sued, filing a derivative action in 2018, accusing Musk and the Tesla board of a breach of their fiduciary duties. Delaware's business-specialized Court of Chancery decided in January 2024 that the pay plan was improperly granted and ordered it to be rescinded. In her decision, Chancellor Kathalee [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS