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"Tesla Faces Backlash Over Musk's $56 Billion Pay Package"

1 min read
Source: Reuters
"Tesla Faces Backlash Over Musk's $56 Billion Pay Package"
Photo: Reuters
TL;DR Summary

Tesla shareholders are set to vote on June 13 to ratify Elon Musk's $56 billion pay package, previously voided by a Delaware judge, and to potentially move the company's legal home to Texas. The outcome could lead to further legal challenges, with significant implications depending on whether Tesla remains a Delaware corporation or becomes a Texas corporation.

Topics:business#businesslegal#corporate-governance#elon-musk#legal-dispute#shareholder-vote#tesla
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  1. Explainer: Legal hurdles loom over Tesla's bid to revive Musk's record pay  Reuters
  2. Tesla Blasts Glass Lewis's Report Urging Against Musk's Pay Package  The Wall Street Journal
  3. America's top pension fund to vote against Musk's $56 billion pay deal, CEO says  MarketWatch
  4. Elon Musk, Tesla, Lash Out As Some Institutional Investors Reject CEO Pay Package  Investor's Business Daily
  5. Tesla CEO Elon Musk’s Pay Package Gets OK From Proxy Advisor  Barron's

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