Tag: investor reaction
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Elon Musk Dances After $1 Trillion Tesla Pay Nod Sparks Debate
Moment of Public Victory The moment Tesla shareholders approved the compensation package for Elon Musk, a package that could reach futures worth up to $1 trillion, quickly turned from corporate news into a spectacle of celebration. In the flash of cameras and the hum of a packed meeting room, Musk is seen reacting with a…
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Lloyds Warns of a Greater Hit From Car Loan Finance Scandal
Overview: Lloyds flags a potentially bigger bill Lloyds Banking Group has signalled that the cost of the motor finance mis-selling scandal could exceed its previous provisions, amid ongoing regulatory scrutiny and the evolving compensation scheme. While the lender had already set aside around £1.2bn to cover expected payments, it warned that an additional provision is…