Tesla asks shareholders to reapprove huge Musk pay deal [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
In a filing with federal regulators on Wednesday, Tesla Chair Robyn Denholm said the board of directors stood by the original package and argued that the company's "entrepreneurial spirit" had always been one of "big risks for the chance of big rewards." Musk's payout -- worth as much as $55.8 billion in 2018 -- was voided in January by a Delaware court, ruling on a complaint by an individual shareholder alleging that Musk had dictated his terms to the board, which was not sufficiently independent from its star CEO. In the filing with the Securities and Exchange Commission, Denholm expressed the board's continued opposition to the court ruling, insisting it was not how corporate law "should or does" work. "Elon has not been paid for any of his work for Tesla for the past six years that has helped to generate significant growth and stockholder value," she wrote. "That strikes us -- and the many stockholders from whom we already have heard -- as fundamentally unfair, and incons
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TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- TSLA's page on the SEC website