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

Teslarati

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. “We do not think that what the Delaware Court said is how corporate law should or does work. . billion grant date fair value.

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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Is the law firm behind the legal complaint that ultimately rescinded Elon Musk’s 2018 pay package looking to get overpaid? The case was filed by a thrash metal drummer and car enthusiast, Richard Tornetta, who held nine TSLA shares when the legal complaint was filed. A growing number of Tesla shareholders say so.

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Tesla investors to vote on Texas incorporation, ratification of Musk’s 2018 comp plan at 2024 annual meeting

Teslarati

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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Over 5.8k Tesla investors representing $4.1 billion are speaking out in support of Elon Musk

Teslarati

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) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week.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.

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Elon Musk tells Twitter to turn over names of workers calculating bot users

Teslarati

Tesla CEO Elon Musk’s legal team has alleged that Twitter is hiding the names of workers calculating bot users. Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. Twitter has so far not issued a statement about the recent filing from Musk’s legal team. per share. .

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Tesla’s Elon Musk plans to countersue Twitter to force deal termination: NY Post

Teslarati

A new report from the New York Post , which lists “a source close to the case,” says the purpose of the Musk countersuit is to push a Delaware Court of Chancery judge to grant lawyers for the Tesla CEO to gather information about Twitter’s bot population, which is the main reason Musk would like to pull out of the suit.

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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Green Car Congress

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). Li-ion maker A123 Systems, Inc. Earlier post.). Earlier post , earlier post.)

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