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Tesla pushes for $56bn pay deal for Elon Musk [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The electrical vehicle (EV) company is asking shareholders to vote on its chief executive's record-breaking pay that was set in 2018. However, the deal was rejected by a US judge in January who described it as "an unfathomable sum". It comes just days after Musk announced plans to cut more than 10% of its global workforce. Tesla lays off more than 10% of its workforce Judge annuls Musk's 'unfathomable' $56bn Tesla pay Who is Elon Musk? In a memo issued to staff Musk said there was nothing he hated more, "but it must be done". Now, his remuneration is in the spotlight - although the proposed compensation includes no salary or bonus. Instead, the 2018 deal set rewards based on Tesla's market value rising to as much as $650bn over 10 years. Stock in the EV company is now valued at $500.36bn, according to data. At the time of her ruling Delaware-based Judge Kathaleen McCormick said the pay deal was unfair to shareholders. She found Tesla directors, who negotiated the [Read more]
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Stockreport

Tesla pushes for $56bn pay deal for Elon Musk [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The electrical vehicle (EV) company is asking shareholders to vote on its chief executive's record-breaking pay that was set in 2018. However, the deal was rejected by a US judge in January who described it as "an unfathomable sum". It comes just days after Musk announced plans to cut more than 10% of its global workforce. Tesla lays off more than 10% of its workforce Judge annuls Musk's 'unfathomable' $56bn Tesla pay Who is Elon Musk? In a memo issued to staff Musk said there was nothing he hated more, "but it must be done". Now, his remuneration is in the spotlight - although the proposed compensation includes no salary or bonus. Instead, the 2018 deal set rewards based on Tesla's market value rising to as much as $650bn over 10 years. Stock in the EV company is now valued at $500.36bn, according to data. At the time of her ruling Delaware-based Judge Kathaleen McCormick said the pay deal was unfair to shareholders. She found Tesla directors, who negotiated the [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
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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