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…
Tesla shareholders are hours away from deciding the fate of Elon Musk’s $1 trillion pay package. Tesla’s annual shareholder meeting kicks off Thursday afternoon at 4 p.m. ET at the company’s headquarters in Austin. A limited number of shareholders were invited to attend in person. Tesla investors are voting on multiple proposals. Chief among them…
NEW YORK – Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has soared anyway and now he wants the company to pay him more – a lot more. Shareholders gathering Thursday for Tesla’s annual meeting in Austin, Texas, will decide…