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Tesla’s largest retail shareholder continues push against Elon Musk’s $56B pay package

Teslarati

KoGuan Leo has been one of Tesla’s largest shareholders for years and is the company’s biggest retail investor, with over 27 million shares held. However, a small-time shareholder sued Tesla and Musk, and a Delaware judge ultimately ruled for the plaintiff, reversing the compensation plan. I’d love to hear from you!

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Advisory firm shares thoughts on Musk’s 2018 Tesla pay plan

Teslarati

Proxy advisory firm Glass Lewis has shared a few thoughts on the ongoing vote to ratify Elon Musk’s 2018 compensation plan, ahead of the company’s upcoming shareholders meeting. Along with the size of the payment plan, the firm said it was concerned about the deal having a dilutive effect on shareholders. What are your thoughts?

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Lucid board greenlights CEO Peter Rawlinson’s $6 million cash bonus

Teslarati

The EV maker noted in its filing that the Gravity’s unveiling “marked a major technical, commercial, and design milestone for the company.” “On 0001104659-24-024581 by Simon Alvarez on Scribd Don’t hesitate to contact us with news tips. Rawlinson’s total compensation in 2022 reached $379 million.

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Twitter locks employee stock accounts amid Elon Musk buyout expectations

Teslarati

Days before the deadline to finalize the company’s deal with Elon Musk, Twitter Inc. The move suggests that the social media company is hopeful the deal with the Tesla CEO will be finalized. A Delaware court has directed Elon Musk, the CEO of Tesla Inc., Don’t hesitate to contact us with news tips.

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Twitter refuses Elon Musk’s renewed $44B bid

Teslarati

Twitter is refusing to accept Elon Musk’s renewed bid of $44 billion for the social media company, according to a report from The Associated Press citing Elon Musk’s attorneys. This news comes after reports of Elon Musk’s asking the Delaware court to halt the upcoming trial. Teslarati is now on TikTok.

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Elon Musk new court filing accuses Twitter of fraud

Teslarati

According to the CEO’s legal team, Twitter’s alleged decision to conceal flaws in its data security — as highlighted by whistleblower and former Twitter security chief Peiter “Mudge” Zatko — amounted to fraud and a breach of contract by the social media company. . Don’t hesitate to contact us with news tips.

Legal 145
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Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

Elon Musk’s legal team threw some allegations against Twitter in a recent filing, with the Tesla CEO’s camp alleging that the social media company had ordered whistleblower Peiter “Mudge” Zatko, its former head of security, to destroy evidence as part of his severance package. Judge Kathaleen St. per share. .

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