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re: Tesla and Elon sycophant has lost $700K on TSLA so far by some estimates
Posted on 4/23/24 at 8:36 am to hikingfan
Posted on 4/23/24 at 8:36 am to hikingfan
quote:
But on just those shares alone she's down $700K.
I wonder how she'll vote on Musk's $56B comp package?
quote:
Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this year after ruling that the record-setting compensation deal was “deeply flawed.”
Tesla also said it would ask shareholders to approve moving the company’s incorporation from Delaware to Texas. Musk had suggested the move after his pay package was ruled illegal. The announcement Wednesday came days after the automaker said it would cut its workforce by 10%.
Tesla said the court decision created a “fundamental problem for the company.”
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