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Tesla lost over $700 billion in value since November 2021 and Elon Musk wants $45 billion for his performance as CEO [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The company's share price has plummeted 63% from its all-time-high of $409 in November 2021 and its market cap has fallen under the $500 billion mark for the first time in a year. Since January, the electric carmaker has also faced a number of setbacks including its first year-over-year sales decline since the pandemic, hundreds of thousands of layoffs , and the possible shuttering of a planned low-cost EV That hasn't stopped Tesla's board from urging shareholders in its Wednesday proxy statement to approve a $45 billion pay package for its chief executive. Musk's compensation package (then worth $56 billion) was scrapped by a Delaware judge in January. The EV maker is now running another vote to get investors to approve Musk's pay. The chair of the company's board, Robyn Denholm , argued that because the judge rejected Musk's pay package he “has not been paid for any of his work for Tesla for the past six years.” Still, while Tesla investors and Musk's boosters are known for t
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