Elon Musk loses bid to reinstate massive Tesla pay plan, now worth $101B
The new stockholder vote could shift the burden of proof, but only if the vote is “fully informed and uncoerced,” McCormick wrote. Shareholder Richard Tornetta, the plaintiff who launched the lawsuit that got Musk’s pay rescinded, “has demonstrated that the vote was not fully informed,” today’s ruling said. The January ruling in which McCormick voided […]
December 2, 2024 | elon musk pay plan, Policy, Tesla | No comments