Tag: Stock Compensation
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Tesla Shareholders Approve US$1 Trillion Pay Package for Musk, Largest Ever
Overview: A historic vote In a landmark decision, Tesla Inc shareholders approved a US$1 trillion compensation package for chief executive officer Elon Musk. The plan, which totals one quadrillion dollars when theoretical performance milestones are considered across multiple years, marks the largest payout ever awarded to a corporate leader. The approval was backed by more…
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Can Tesla Shareholders Push Elon Musk Toward a $1 Trillion Fortune With a Pay Package?
Overview: A Historic Pay Package in the Spotlight When Tesla shareholders gather on Thursday, they’ll face a decision with outsized implications for corporate governance and the future of the company. The vote concerns a sweeping pay package proposed for Elon Musk, a compensation plan that would be unlike any granted to a chief executive by…
