Judge aims to rule on Elon Musk's $56 billion Tesla pay by year end [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
which the court had voided will try to issue a ruling this year, according to the judge's letter to the lawyers in the case. "I write to inform you that I aim to issue that decision before the end of this year," said the letter from Kathaleen McCormick, the chancellor on Delaware's Court of Chancery. Musk's 2018 pay package of stock options is by far the largest ever in corporate America. McCormick ruled in January that the "unfathomable" compensation was unfair to Tesla shareholders and found it was negotiated by directors who appeared beholden to Musk. McCormick is weighing two decisions that will have a multibillion-dollar impact on Tesla and its investors. One is the request for Tesla to pay a legal fee of $1 billion in cash or more in stock to the lawyers who represented the shareholder who sued Musk over his pay. The other is to decide whether a June vote by Tesla shareholders restored the pay package after McCormick voided it in her January court ruling. (Reporting
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- Tesla, Inc. (TSLA): Among The 10 Best S&P 500 Stocks to Buy According to Hedge Funds [Yahoo! Finance]Yahoo! Finance
- Judge aims to rule on Elon Musk's $56 billion Tesla pay by year end [Yahoo! Finance Canada]Yahoo! Finance Canada
- Philly DA moves to remand Musk back to local court, accuses lawyers of 'procedural stunt' [FOX Business Network]FOX Business Network
- Musk's $1M daily giveaways could continue through election after judge grants venue change request [FOX Business Network]FOX Business Network
- Lawsuit to block Elon Musk's $1 million voter 'lottery' put on hold [USA TODAY]USA TODAY
TSLA
Earnings
- 10/23/24 - Beat
TSLA
Sec Filings
- 10/28/24 - Form 4
- 10/24/24 - Form 144
- 10/24/24 - Form 10-Q
- TSLA's page on the SEC website