It Couldn’t Be More Obvious What Elon Musk Is Doing
2 years, 6 months ago

It Couldn’t Be More Obvious What Elon Musk Is Doing

Slate  

Update, July 8, 2022, at 5:40 p.m.: He went and did it. On Friday, Elon Musk said in a filing to the Securities and Exchange Commission that he informed Twitter he was “terminating” the deal to buy the company. And compared to someone with massive wealth, such as Elon, maybe that wasn’t a big interest in his mind to make sure that he got his paperwork done.” Musk’s purchase contract says that he may not “disparage the Company or any of its Representatives,” but he’s done that numerous times since signing the deal. — Elon Musk April 21, 2022 Putting aside whatever legal maneuvering Musk’s team devises, he has pivoted from wanting to buy Twitter in part because of bots to, uh, not wanting to buy Twitter because of bots. “Elon Musk’s Deal to Buy Twitter Is in Peril” is a declarative headline.

Pay Musk Elon Musk Sec Post Deal Buy Elon Twitter Contract  bots  obvious  deal  pay  doing  musks  elon  does  buy  musk  couldnt  twitter  contract

History of this topic

Trump takes a swipe at close pal Elon Musk and reveals why the billionaire will 'never' be president
Trending News
2 weeks, 3 days ago

Trump takes a swipe at close pal Elon Musk and reveals why the billionaire will 'never' be president

Daily Mail  

President-elect Donald Trump took a swipe at 'first buddy' Elon Musk as critics question who is really in charge between the close pair as the 78-year-old prepares to return to the White House. President-elect Donald Trump claimed Musk is 'not going to be president' because he was born in South Africa as his critics question who is really in charge …

Elon Musk's X hikes up price for premium plus plan to boost creator payments
Trending News
2 weeks, 3 days ago

Elon Musk's X hikes up price for premium plus plan to boost creator payments

Hindustan Times  

Elon Musk-owned social platform X has increased the price of its premium-plus plan in several markets starting December 21, as the company aims to boost creator payments, reported Reuters. X, formerly Twitter, has increased the price of its premium plus subscription Their top-tier plan has increased from $16 to $22 per month in the United States, reported Reuters citing a …

"This bill is a crime": Musk throws social media fit over stopgap government funding effort
3 weeks, 1 day ago

"This bill is a crime": Musk throws social media fit over stopgap government funding effort

Salon  

Soon-to-be Department of Government Efficiency head Elon Musk can add another imaginary title to his resume: social media majority whip. Musk was tagged to join President-elect Donald Trump's administration alongside Vivek Ramaswamy, and the pair were given the ill-defined mandate to slash government spending. He posted more than 40 times to his social media app X on Wednesday, calling the …

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases
3 weeks, 6 days ago

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases

Associated Press  

DETROIT — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter posted by Musk on the platform now called X, his lawyer Alex Spiro …

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Trending News
3 weeks, 6 days ago

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges

CNN  

New York CNN — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his initial …

Oh Gary, how could you: Elon Musk mocks US body amid Twitter stock probe
3 weeks, 6 days ago

Oh Gary, how could you: Elon Musk mocks US body amid Twitter stock probe

India Today  

Elon Musk reignited his ongoing dispute with the US Securities and Exchange Commission on Thursday by posting a letter on X, revealing that the US Securities and Exchange Commission has reopened its investigation into his brain-chip company, Neuralink. “Oh Gary, how could you do this to me?” Elon Musk said, addressing SEC Chair Gary Gensler in the post alongside a …

Elon Musk’s multibillion-dollar pay package is rejected for a second time. What to know
1 month ago

Elon Musk’s multibillion-dollar pay package is rejected for a second time. What to know

LA Times  

A Delaware judge rejected Tesla Chief Executive Elon Musk’s multibillion-dollar pay package for a second time, writing in her opinion this week that the company’s approval process for the package was “deeply flawed.” Tesla shareholders approved the compensation plan in 2018, which was once valued at $56 billion but fluctuates dramatically with Tesla’s stock price. Business Tesla shareholders strongly support …

Elon Musk’s $56 billion Tesla pay package struck down again, Delaware Judge says board ‘improperly influenced…’
1 month ago

Elon Musk’s $56 billion Tesla pay package struck down again, Delaware Judge says board ‘improperly influenced…’

Live Mint  

A US district judge has rejected Tesla chief Elon Musk's extravagant $56 billion pay package for a second time, according to a Bloomberg report. It added that Delaware Chancery Court Judge Kathaleen St. J. McCormick made the ruling on December 2, making it the second time that she has ruled against the same excessive pay package for Musk. Musk’s record-setting …

What is next for Musk after judge rules against him in Tesla pay case?
1 month ago

What is next for Musk after judge rules against him in Tesla pay case?

Live Mint  

By Tom Hals WILMINGTON, Delaware, - Tesla cannot give Elon Musk a $56 billion compensation package despite a vote in support of the CEO's pay deal by the company's shareholders, a Delaware judge ruled on Monday. TESLA COULD PEAL THE RULING Musk and Tesla's board could appeal and try to reverse the ruling at the Delaware Supreme Court, a process …

Elon Musk's $56 billion Tesla pay rejected by US court again
1 month ago

Elon Musk's $56 billion Tesla pay rejected by US court again

India Today  

Tesla CEO Elon Musk has faced yet another setback as a Delaware court rejected his $56 billion pay package for the second time, reported news agency Reuters. THE COURT’S DECISION Chancellor McCormick maintained that Tesla’s attempt to reinstate Musk’s pay package through a shareholder vote was not legally valid. The court also ruled that Musk improperly influenced Tesla’s 2018 board …

Elon Musk loses $56 billion pay package in latest court ruling
1 month ago

Elon Musk loses $56 billion pay package in latest court ruling

Salon  

A Delaware judge on Monday denied Tesla CEO Elon Musk his $58 billion pay plan, upholding her prior ruling that it was improperly granted. Judge Kathaleen McCormick, who ruled to void Musk’s pay package in January, said they only way the pay package could have been approved was due to Musk’s unilateral “control” over Tesla. Related Why tech billionaires dress …

Elon Musk’s massive, multibillion-dollar Tesla pay package was blocked by a judge again
1 month, 1 week ago

Elon Musk’s massive, multibillion-dollar Tesla pay package was blocked by a judge again

CNN  

CNN — Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion based on Tesla’s closing share price Monday, is made up of 303 million Tesla stock options. At the time, McCormick ruled in favor of …

Investors who backed Elon Musk's Twitter buy awarded 25% of xAI shares
1 month, 1 week ago

Investors who backed Elon Musk's Twitter buy awarded 25% of xAI shares

Hindustan Times  

The investors who backed Elon Musk's takeover of social media platform X will see huge gains after a surge in the valuation of xAI, its artificial intelligence company. Yes or No?” This is because Musk gave 25% of of xAI's shares to those same investors who backed his $44 billion acquisition of Twitter. These investors include Fidelity, Oracle co-founder Larry …

Is Elon Musk considering buying US media outlet MSNBC?
1 month, 2 weeks ago

Is Elon Musk considering buying US media outlet MSNBC?

Firstpost  

Elon Musk has sparked speculation about acquiring MSNBC after jokingly asking, ‘How much does it cost?’ on X. Musk’s memes and mockery have stirred debates about media control and power, reminiscent of his $44 billion Twitter purchase US President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, …

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale
Trending News
1 month, 2 weeks ago

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale

Live Mint  

Can Elon Musk make a run at acquiring MSNBC? Musk, who hasn’t been shy about his criticisms of MSNBC, calling the network “utter scum of the Earth," fueled that story line in an exchange on X, the social-media platform he owns. “We are looking forward to the planned spin of our cable networks, which will create a new company owned …

Elon Musk Ponders Buying MSNBC: 'How Much Does It Cost?'
1 month, 2 weeks ago

Elon Musk Ponders Buying MSNBC: 'How Much Does It Cost?'

Huff Post  

LOADING ERROR LOADING Elon Musk shared memes about buying MSNBC over the weekend after Comcast, MSNBC’s parent company, announced that it was spinning off its cable networks into a new company. On X, formerly known as Twitter, Donald Trump Jr. mentioned Musk in a post claiming that MSNBC was for sale, writing, “I have the funniest idea ever!! — Elon …

Elon Musk toys with idea of buying MSNBC 'for spits and giggles': reports
1 month, 2 weeks ago

Elon Musk toys with idea of buying MSNBC 'for spits and giggles': reports

Raw Story  

Elon Musk has been toying with the idea of doing to MSNBC what he did to the social media site formerly known as Twitter, according to a report Monday. The telecommunications giant Comcast announced last week it would spin off several media properties, including MSNBC and CNBC, into a separate public company, and Musk's right-wing allies immediately pushed the tech …

Elon Musk To Buy MSNBC UFC Analyst Joe Rogan Proposal Job Switch To Rachael Maddow X Owner Hails Offer
1 month, 2 weeks ago

Elon Musk To Buy MSNBC UFC Analyst Joe Rogan Proposal Job Switch To Rachael Maddow X Owner Hails Offer

ABP News  

Donald Trump Jr recently joked with X owner Elon Musk about him buying Microsoft NBC which is up for sale now. Following this, UFC analyst Joe Rogan, expressed his interest in getting the job of Rachel Maddow who is a leftist political analyst and runs a weekly show on the channel if Musk does indeed buy the channel. Rogan also …

‘How much does it cost?’: Elon Musk hints at buying MSNBC as Donald Trump Jr suggests ‘funniest idea ever’
1 month, 2 weeks ago

‘How much does it cost?’: Elon Musk hints at buying MSNBC as Donald Trump Jr suggests ‘funniest idea ever’

Hindustan Times  

Elon Musk, the Tesla CEO and SpaceX, has hinted that he might be considering purchasing MSNBC, a leftist cable news network. Elon Musk, the richest man in the world inquired, “How much does it cost?”, hinting at his plans to buy MSNBC. The richest man in the world inquired, “How much does it cost?” “The most entertaining outcome, especially if …

‘Funniest idea ever’: Elon Musk and Donald Trump Jr suggest buying MSNBC
1 month, 2 weeks ago

‘Funniest idea ever’: Elon Musk and Donald Trump Jr suggest buying MSNBC

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Elon Musk, the world’s richest man, jokingly suggested that he …

Elon Musk Is Planning To Buy MSNBC Now? Here's What We Know
1 month, 2 weeks ago

Elon Musk Is Planning To Buy MSNBC Now? Here's What We Know

ABP News  

X owner Elon Musk might be planning to buy the American news-based television channel and website, MSNBC. — Elon Musk November 22, 2024 Donald Trump Jr continued the joke by responding to Musk with, "I mean it can't be much. 2024, Don Jr: Hey Elon, MSNBC is for sale, I have the "funniest idea." https://t.co/bc6zXT2MBA pic.twitter.com/JFTXU4UeTX — Mario Nawfal November …

Elon Musk responds to Trump Jr’s hint at buying US media outlet: ‘How much does it cost?’
1 month, 2 weeks ago

Elon Musk responds to Trump Jr’s hint at buying US media outlet: ‘How much does it cost?’

Live Mint  

Billionaire Elon Musk responded Friday, November 22, to a social media post re-shared by Donald Trump Jr, asking for the price of a US news media outlet. “How much does it cost?” said Musk, replying to Donald Trump's eldest son's post on X on Friday. !” Musk also shared the post on his X profile, saying, “The most entertaining outcome, …

"How much does it cost?": Musk jokes about buying MSNBC from Comcast
Trending News
1 month, 2 weeks ago

"How much does it cost?": Musk jokes about buying MSNBC from Comcast

Salon  

Elon Musk joked that he was mulling a purchase of liberal-leaning cable news network MSNBC in a post to X on Friday. Musk chimed in about the potential sale of the Trump-averse network after being alerted to it on X, a social media company he also owns, by Donald Trump Jr. Trump Jr. pitched a purchase to Musk as the …

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'
1 month, 2 weeks ago

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'

India Today  

The rivalry between Tesla and SpaceX CEO Elon Musk and Amazon founder Jeff Bezos has once again come into the spotlight. Musk recently claimed on social media platform X, formerly Twitter, that Bezos had advised people to sell their Tesla and SpaceX shares, predicting Donald Trump's electoral defeat. In a post on X, Musk wrote, "Just learned tonight at Mar-a-Lago …

With Trump’s win, Elon Musk stands to benefit
Trending News
2 months ago

With Trump’s win, Elon Musk stands to benefit

NPR  

With Trump’s win, Elon Musk stands to benefit toggle caption Anna Moneymaker/Getty Images On Wednesday morning, following the U.S. election, Elon Musk posted what appeared to be an AI-generated image of himself on X, the social media platform he owns. Musk could be Trump’s new “Secretary of Cost Cutting” In August, Musk floated the idea of creating a “government efficiency …

Will Musk’s Bet on Trump Pay Off?
2 months ago

Will Musk’s Bet on Trump Pay Off?

Bloomberg  

00:00 It's not just the alignment between Elon Musk and Donald Trump. You know, Tesla's strategy is a global company, kind of fits the idea that Trump would want to have conditionality around manufacturing in this country. The assumption of sources that I've spoken to and it's an assumption it's not known, is that any role within a Trump administration …

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom
55 years ago

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Wired  

In the final lead-up to the US presidential election, Elon Musk has thrown the full weight of his celebrity and his resources behind former president and Republican nominee Donald Trump. “In a race to the bottom, Elon Musk paved the way for a new, toxic tech basement,” says Nora Benavidez, senior counsel at the nonprofit Free Press. “Yet, as long …

Musk's Financial Muscle: Shaping the Trump Campaign in a Game of Influence and Power
Trending News
2 months, 1 week ago

Musk's Financial Muscle: Shaping the Trump Campaign in a Game of Influence and Power

Hindustan Times  

Elon Musk's involvement in Donald Trump's campaign represents an unprecedented fusion of financial and technological power with political power in any modern democracy. While his contribution is best understood through the prism of his financial, organizational, and messaging power, his messaging power and ability to shape the broader news agenda and public discourse can alter the political conversation altogether.

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price
2 months, 1 week ago

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation
2 months, 1 week ago

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation

Hindustan Times  

Trump's Truth Social stock market valuation soars past Elon Musk's X, with shares of TMTG surging nearly 9% on Tuesday. This surge is fueled by strong predictions in betting markets about Trump's lead in the upcoming presidential elections. While X boasts a larger user base, TMTG's valuation surpasses that of X after a recent rally. The stock's rise has sparked …

Twitter brain drain: Academic exodus followed Elon Musk’s takeover
2 months, 2 weeks ago

Twitter brain drain: Academic exodus followed Elon Musk’s takeover

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s takeover of Twitter in 2022 triggered an exodus of academics from …

Tech Secretary ‘absolutely ready’ to engage with Elon Musk
2 months, 3 weeks ago

Tech Secretary ‘absolutely ready’ to engage with Elon Musk

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Tech Secretary has said …

SEC wants Elon Musk sanctioned after he skipped Twitter testimony to watch a rocket launch
3 months, 2 weeks ago

SEC wants Elon Musk sanctioned after he skipped Twitter testimony to watch a rocket launch

Salon  

The Securities and Exchange Commission is seeking sanctions against Elon Musk after he no-showed a planned testimony concerning his purchase of Twitter earlier this month. The SpaceX head was ordered to testify as part of an ongoing SEC investigation into his 2022 purchase of Twitter for $44 billion, probing whether Musk intentionally failed to make proper legal disclosures when buying …

The tweet that has finally taught Elon Musk a lesson
3 months, 3 weeks ago

The tweet that has finally taught Elon Musk a lesson

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Well, one …

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’
3 months, 3 weeks ago

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’

LA Times  

Elon Musk’s ownership of Twitter is the subject of a new book, “Character Limit: How Elon Musk Destroyed Twitter,” out Sept. 17. On the Shelf Character Limit: How Elon Musk Destroyed Twitter By Kate Conger and Ryan Mac Penguin Press: 480 pages, $32 If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose …

Elon Musk spent billions to destroy Twitter. Now he’s unleashing Trump on X
4 months, 3 weeks ago

Elon Musk spent billions to destroy Twitter. Now he’s unleashing Trump on X

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trump fired off several X posts on Monday …

Elon Musk sued by former Twitter board member Omid Kordestani over shares
4 months, 4 weeks ago

Elon Musk sued by former Twitter board member Omid Kordestani over shares

The Hindu  

X owner Elon Musk was sued by a former Twitter board member, Omid Kordestani, who said he was owed more than $20 million in shares that the billionaire had not given him, per The New York Times. In 2022, when billionaire Elon Musk proceeded to buy the social media platform for around $44 billion, Kordestani helped in the process. However, …

Elon Musk's X sues advertisers over alleged 'massive advertiser boycott' after Twitter takeover
5 months ago

Elon Musk's X sues advertisers over alleged 'massive advertiser boycott' after Twitter takeover

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk's social media …

Elon Musk responds to Don Lemon lawsuit over axed show: ‘He made a series of impressively insane demands’
5 months, 1 week ago

Elon Musk responds to Don Lemon lawsuit over axed show: ‘He made a series of impressively insane demands’

The Independent  

Sign up to our free IndyArts newsletter for all the latest entertainment news and reviews Sign up to our free IndyArts newsletter Sign up to our free IndyArts newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “In response, and to induce Lemon to enter into an exclusive partnership deal with X, …

Elon Musk says he won't donate $45 million a month to re-elect Donald Trump after all
5 months, 2 weeks ago

Elon Musk says he won't donate $45 million a month to re-elect Donald Trump after all

Raw Story  

Tech billionaire Elon Musk caused a stir when he reportedly committed last week to contribute $45 million a month to America PAC, a group backing former President Donald Trump's re-election effort. I am not donating $45 million a month to Trump,” Musk said in an interview over his X platform with Jordan Peterson, the far-right Canadian psychologist and media personality. …

Elon Musk beats $500m severance lawsuit by fired Twitter workers
5 months, 4 weeks ago

Elon Musk beats $500m severance lawsuit by fired Twitter workers

Al Jazeera  

The US judge said the federal law governing benefit plans did not cover the former employees’ claims. United States District Judge Trina Thompson in San Francisco, California ruled on Tuesday that the federal Employee Retirement Income Security Act governing benefit plans did not cover the former employees’ claims, and therefore she lacked jurisdiction. The case is one of many accusing …

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
6 months ago

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Hindustan Times  

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake. Investors in the proposed class action said Musk and his wealth manager Jared Birchall knew a U.S. Securities and Exchange …

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X
6 months, 3 weeks ago

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last year, Elon Musk …

Column: Elon Musk thinks Tesla’s investors love him. He’s very wrong
6 months, 3 weeks ago

Column: Elon Musk thinks Tesla’s investors love him. He’s very wrong

LA Times  

Elon Musk won two big shareholder votes at Tesla on Thursday, but that may not be good for Tesla shareholders. No one who has followed the career of that famously self-effacing and modest business leader Elon Musk could have expected him to boast openly about having secured approval from Tesla shareholders for two important initiatives: moving the company’s state of …

It’s official: Tesla shareholders grant Elon Musk the biggest executive pay package in US history
6 months, 3 weeks ago

It’s official: Tesla shareholders grant Elon Musk the biggest executive pay package in US history

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesla shareholders have restored …

Elon Musk To Get Back His Big, $44.9 Billion Tesla Pay Package, Shareholders Give Approval
6 months, 3 weeks ago

Elon Musk To Get Back His Big, $44.9 Billion Tesla Pay Package, Shareholders Give Approval

News 18  

Tesla shareholders voted on Thursday to restore CEO Elon Musk’s record USD 44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the world’s largest electric vehicle maker. Early Friday, Tesla disclosed that shareholders voted for Musk’s pay package by 1,760,780,650 to 528,908,419, with about …

‘I love you guys!’: Elon Musk lands $44.9bn pay deal after Tesla vote
6 months, 3 weeks ago

‘I love you guys!’: Elon Musk lands $44.9bn pay deal after Tesla vote

Al Jazeera  

Musk hails ‘awesome shareholder base’ after vote to restore compensation deal rejected by US judge. The shareholders’ vote does not necessarily mean Musk will receive the pay package but could bolster Tesla’s appeal against the Delaware ruling against the deal. Under the terms of his 2018 pay deal, Musk agreed to be paid stock worth about 1 percent of Tesla’s …

Elon Musk vows Tesla investors will approve his record £44bn pay deal
6 months, 3 weeks ago

Elon Musk vows Tesla investors will approve his record £44bn pay deal

Daily Mail  

Elon Musk declared victory last night ahead of a vote by Tesla shareholders on his record £44billion pay package. Record pay: Tesla boss Elon Musk said investors were set to approve his £44bn package Influential proxy advisers, Institutional Shareholder Services and Glass Lewis, opposed the deal and Tesla’s eighth-largest shareholder, Norway’s sovereign wealth fund, came out against the package. Dan …

'Thanks For Your Support': Elon Musk Says Tesla Shareholders Voting For His USD 56 Billion Pay Package
6 months, 3 weeks ago

'Thanks For Your Support': Elon Musk Says Tesla Shareholders Voting For His USD 56 Billion Pay Package

News 18  

Tech billionaire Elon Musk on Thursday said that Tesla shareholders are voting to approve his $56 billion pay package and to move the electric vehicle maker’s legal home to Texas. The resounding endorsement by shareholders of unprecedented remuneration terms in US corporate history may alleviate worries about Musk’s tenure at Tesla, while bolstering the company’s position in challenging a court …

Bill Ackman defends Elon Musk’s call for $56 billion pay package in Tesla: ‘Taking away compensation is theft’
6 months, 3 weeks ago

Bill Ackman defends Elon Musk’s call for $56 billion pay package in Tesla: ‘Taking away compensation is theft’

Live Mint  

Bill Ackman American billionaire hedge fund manager on Thursday, June 13, extended support to Tesla CEO Elon Musk, who has sought approval for a $56 billion pay package from shareholders. Taking away @elonmusk’s compensation after he created enormous value for shareholders is theft.” He added, “And stealing from a CEO who has created spectacular value for shareholders is not a …

Discover Related