For Tesla’s board and many investors, CEO Elon Musk and Tesla’s success are closely linked. Now that a vote on a record-setting pay package for Musk is settled, the bulls are crowing and the naysayers are alarmed. On Thursday, 75% of Tesla shareholders voted to approve Musk’s proposed $1 trillion CEO pay package, contingent on…
By Chris Kirkham LOS ANGELES (Reuters) –Tesla‘s board of directors has pushed in all its chips on Elon Musk. Now investors must decide whether to back the biggest bet in company history. Shareholders will vote Thursday on the stark choice presented by the board: pay Musk up to $878 billion in company stock or take…
SINGAPORE, Oct. 28, 2025 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) announced today that Mr. Wu Qiwei has resigned as a Director of the Company with effect from October 27, 2025. Mr. Wu has also resigned as a Director of the Company’s main operating subsidiary, Guangxi Yuchai Machinery Company…
Tesla Inc. shareholders are being urged by proxy adviser Institutional Shareholder Services to vote against Chief Executive Officer Elon Musk’s $1 trillion compensation plan, adding a potential obstacle as the board works to rally investor support. This marks the second year in a row that ISS urged shareholders to vote against a pay package for…
The all-or-nothing moonshot pay plan was a gambit so risky even Axon Enterprise CEO Rick Smith’s wife was against it. But Smith had started getting antsy around 2016, as he was approaching three decades at the company, Axon compensation committee chair Hadi Partovi told Fortune. Smith was talking more seriously to the board about his…
Despite years of troubled performance and failed strategies, the great icon of the semiconductor industry, Intel, has two new major shareholders that can give it new hope for recovery: the United States government, with a bit less than a 10% stake, and the most important design firm in the world, Nvidia, with about 5% ownership. …
David Webb, a Hong Kong corporate governance activist who is battling terminal cancer, issued an open letter criticising Hong Kong fashion retailer Bauhaus International Holdings’ decision to buy a residential property instead of making a dividend payout. Webb holds more than 8 per cent of the company’s shares and is the second-largest shareholder after the…
The tech giant’s board-approved strategies reveal how legal corporate behavior can undermine national security. Observer Labs America’s geopolitical future increasingly hinges on private technology, and corporations wield influence once reserved for nation-states. Few cases better illustrate the risks of outdated governance standards than Intel—once a national champion, now at the center of a high-stakes global…
Delaware’s chancery court stands between Elon Musk and investors willingly offering him a fortune. In 2018, when Tesla was worth around $50bn, the carmaker’s shareholders approved a plan to link Mr Musk’s pay to the value of the company. By January 2024, when the court ruled that the pay package was illegal, the carmaker and…
Corporate governance is the framework of rules, policies and practices that guide how a company is directed and controlled. For listed companies, strong corporate governance is not just a regulatory requirement but a critical factor in ensuring long-term sustainability, investor confidence and operational efficiency. Li FaiPartner Jingtian & GongchengHong KongTel: +852 2926 9338Email: fai.li@jingtian.com The…