News list for "Muskevan"
Musk's trillion-dollar compensation package went to a vote on Thursday, with the board giving a clear choice: either stay in the job at a sky-high price or take the risk that his potential departure could lead to a drop in the stock price. Click to view...
Tesla (TSLA. O) board chairperson Robin Denholm called on shareholders to vote in favor of CEO Elon Musk's nearly $1 trillion compensation package ahead of the annual shareholder meeting in a letter on Monday. "If we fail to create an environment that incentivizes Elon to achieve greatness through a fair performance-based pay program, we risk his resignation as an executive, and Tesla could lose his time, talent and vision, which are essential to providing superior shareholder returns...
According to the Financial Times, Tesla chairperson Robyn Denholm defended her decision to offer Mr. Musk $1tn in stock options, saying he was a "unique" chief executive who had to go above and beyond and achieve "seemingly impossible goals" to receive the historic award. "In order to achieve the vision we have set, he must...
