Musk Is Fighting Tooth and Nail for His $56B Pay Package
AFP via Getty Images
A Delaware judge nullified Elon Musk’s whopping $56 billion pay package at Tesla in January, writing that the board had improperly granted him an “unfathomable sum” of money. But Musk still wants that cash. Now he is hoping Tesla shareholders will sign off on the payday, even as the company suffers from a sagging stock price.
The pay package, enacted in 2018, granted Musk 12 percent of the company’s stock over 12 separate vesting tranches. The first tranche executed...
Заголовки