Tesla asks shareholders to vote again on Musk's $56 billion payout
Publishing timestamp: 2024-04-17 10:36:44
Summary
Tesla will ask shareholders to reapprove CEO Elon Musk's $56 billion pay package, which was voided by a Delaware court earlier this year. The company is also seeking to reincorporate in Texas. Musk has publicly criticized the court decision and incorporation in Delaware. Tesla is hiring a proxy solicitor to help secure votes for the proposals, which are likely to be controversial.
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Keywords: technology, breaking news, elon musk, breaking news: technology, business news, tesla inc, autos, climate,