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Tesla shareholders to vote on $56B pay package for Elon Musk (again)

Teslarati

On Monday, Tesla filed paperwork so shareholders could vote to approve Elon Musk’s 2018 pay package again. The filing came with a letter written by Chairperson Robyn Denholm, who wrote that the Tesla Board disagreed with the Delaware Court’s ruling on Musk’s 2018 pay package. billion and a $2.6

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Tesla looks to eliminate bankruptcy as savior for past whistleblower

Teslarati

Tesla is looking to eliminate the use of bankruptcy as a savior for an ex-employee who owes the company $425,000 in fines after a legal feud with the company’s CEO Elon Musk. Tesla has not taken legal matters lightly, and has beefed up its legal team over the past several years. However, legal fees are a different story.

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Tesla short seller Jim Chanos hit with lawsuit from partner over alleged fund misuse

Teslarati

Conlon Holdings, an investment firm that invested in Chanos’ firm in 2020, alleged that the famed short-seller treated the company “like a piggy bank” for personal gain, as noted in a Bloomberg News report. The lawsuit was filed in New York State court over the weekend. million without informing his partners.

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Tesla shareholders are taking a stand against law firm’s $6B TSLA stock request

Teslarati

Is the law firm behind the legal complaint that ultimately rescinded Elon Musk’s 2018 pay package looking to get overpaid? Elon Musk’s 2018 pay package was rescinded by Judge McCormick in late January. It is also tax-deductible by Tesla,” the lawyers wrote in a brief.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Elon Musk confirms his threat: give me 25% of Tesla or you don’t get AI and robotics

Baua Electric

If his 2018 compensation package goes through, he will be closer to 18% – assuming that he sells some shares to pay for taxes. It means that he would need another compensation package worth tens of billions or a new share class at Tesla to give him more control. Musk currently owns about 13% of Tesla’s shares.

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Elon Musk asks Tesla shareholders to vote for incorporation move to Texas

Baua Electric

Earlier this week, a judge in Delaware, where Tesla is incorporated, sided with a Tesla shareholder who filed a lawsuit that claimed Tesla’s board misled investors when presenting its 2018 CEO compensation plan. The post Elon Musk asks Tesla shareholders to vote for incorporation move to Texas appeared first on Bauaelectric Auto News.

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