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Stockreport

What Elon Musk's Pay Package Vote Means for His $174 Billion Fortune [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
It was one thing for shareholders to approve his moonshot pay package in 2018, when it contained seemingly audacious goals and the market for electric vehicles was still Tesla's to lose. In requesting that they ratify the same package again, Musk and Tesla's board are gambling that the billionaire's cult following and his role in the carmaker's stock surging about 700% over the past six years — which its leadership says merits a big payday — will outweigh the fact that much has changed since 2018. Most notably, that the pay in question was voided by a Delaware court earlier this year. Read More: Tesla Asks Investors to Approve Musk's $56 Billion Pay Again Tesla's 2024 proxy statement, filed Wednesday, asks shareholders to approve the same 2018 compensation package for its chief executive officer that was rejected by Delaware Chancery Court Judge Kathaleen St. J. McCormick, who argued the board wasn't looking out for the best interests of investors. What's immediately at stake [Read more]
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Stockreport

What Elon Musk's Pay Package Vote Means for His $174 Billion Fortune [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
It was one thing for shareholders to approve his moonshot pay package in 2018, when it contained seemingly audacious goals and the market for electric vehicles was still Tesla's to lose. In requesting that they ratify the same package again, Musk and Tesla's board are gambling that the billionaire's cult following and his role in the carmaker's stock surging about 700% over the past six years — which its leadership says merits a big payday — will outweigh the fact that much has changed since 2018. Most notably, that the pay in question was voided by a Delaware court earlier this year. Read More: Tesla Asks Investors to Approve Musk's $56 Billion Pay Again Tesla's 2024 proxy statement, filed Wednesday, asks shareholders to approve the same 2018 compensation package for its chief executive officer that was rejected by Delaware Chancery Court Judge Kathaleen St. J. McCormick, who argued the board wasn't looking out for the best interests of investors. What's immediately at stake [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