Teslarati

FEBRUARY 14, 2024

Tesla and its CEO Elon Musk have said they will appeal the decision to rescind his $56 billion pay package, as a Delaware Judge ruled last month that the payday was too lucrative and not in the best interest of investors after a shareholder opposed it. Reuters initially reported on the intention of appeal from Musk and Tesla.

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Teslarati

APRIL 17, 2024

The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.

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Teslarati

JANUARY 30, 2024

Elon Musk’s Tesla pay package has been voided by a Delaware Judge after the case was ruled in favor of the plaintiff, a shareholder who challenged the validity of the amount of the payday. Judge Kathaleen McCormick ruled in the Delaware Court of Chancery that Musk’s pay package did not meet the standard of a fair price.

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Teslarati

FEBRUARY 5, 2024

Thousands of retail Tesla ( NASDAQ:TSLA ) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week. The group also expressed their support to the idea of Tesla moving its state of incorporation from Delaware to Texas. The post Over 5.8k

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Teslarati

JULY 18, 2022

Tesla CEO Elon Musk is planning to file a counter-lawsuit against social media company Twitter in an attempt to terminate the $44 billion agreement the two parties had where Musk would buy the platform. ” Twitter files suit against Elon Musk in Delaware court to enforce buyout deal. per share through their suit.

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Teslarati

AUGUST 11, 2022

The workers would likely be serving as key witnesses to the companies’ court battle this October. Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. The Tesla CEO pressed Twitter for information, and the social media company responded by granting Musk access to its “firehose.”

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Legal Delaware Tesla Grant 144

Teslarati

AUGUST 25, 2022

Twitter was ordered by a Delaware judge to give Elon Musk data used in its fourth quarter of 2021 audit of its active users, Reuters reported. Twitter quickly revoked his verification and refused to grant it when he reapplied. Andrea pointed out that some companies perform audits for Twitter to verify ads on the platform.

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