Category: Tesla
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Elon Musk’s Mega Tesla Paycheck – It’s Not About the Money
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Let’s dive into the details of Elon Musk’s $46 billion compensation package from Tesla, the controversy surrounding it, and why it’s more about stimulus than money. Elon Musk’s amazing payday Tesla’s astronomical $46 billion payday from Elon Musk has been the subject of much controversy. But according to Tesla CEO…
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Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay
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Written by Tom Hales WILMINGTON, Delaware (Reuters) – The legal team that invalidated Tesla Inc’s record pay package is entitled to a small portion of the $5.6 billion legal fees it sought because their lawsuit provided almost no benefit, the electric car maker said in court papers on Friday. For…
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Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay By Reuters
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Written by Tom Hales WILMINGTON, Delaware (Reuters) – The Wilmington electric car maker (NASDAQ:) said the legal team that invalidated Tesla Inc’s (NASDAQ:) record pay package is entitled to a small portion of the $5.6 billion legal fees they sought because their lawsuit It provided almost no benefit to the…
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Tesla shareholder sues Musk for alleged $7.5 billion insider trading By Reuters
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(Reuters) – A Tesla (NASDAQ:) shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold more than $7.5 billion in shares of the electric car maker in late 2022, saying the businessman… The billionaire sold the stock before it was disappointing. Production and delivery…
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Top proxy adviser ISS recommends against Tesla CEO Musk’s ‘excessive’ $56 billion pay By Reuters
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Written by Ross Kerber (Reuters) – Top proxy advisory firm ISS recommended that Tesla (NASDAQ:) shareholders vote against ratifying CEO Elon Musk’s $56 billion pay package, calling the compensation excessive and rejecting the plan drawn up by the electric car maker’s board. In a report sent by a representative late…
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Tesla shareholders advised to reject Musk’s $56 billion pay
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(Reuters) – Dealer consulting firm Glass Lewis said on Saturday it had urged Tesla Inc shareholders to reject a $56 billion pay package for CEO Elon Musk, which if passed would be the largest pay package for a U.S. corporate CEO. The report cited reasons such as the “excessive size”…
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Tesla shareholders advised to reject Musk’s $56 billion pay By Reuters
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(Reuters) – Consulting firm Glass Lewis said on Saturday it had urged Tesla (NASDAQ:) shareholders to reject a $56 billion pay package for CEO Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons such as the “excessive size”…
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Will Tesla Stock (NASDAQ:TSLA) Tread Water Until the Robotaxi Unveiling?
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I’m pessimistic about Tesla (Nasdaq: Tesla), and I can’t help but think that Elon Musk’s announcement regarding Detecting a robotaxi On August 8 it is something of a distraction. So why is Musk distracting us? Well, car sales are slowing, margins are falling, and Tesla’s dominance in the EV sector…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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Tesla to Make Job Cuts Through June, Leaving Workers in Limbo
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Breadcrumb links BMN Business One worker likened the company’s situation to “Squid Game,” the TV series in which contestants fight for survival. Article writer: Bloomberg News Kara Carlson and Dana Hall Posted on May 20, 2024 • 4 minutes read You can save this article by registering for free here.…
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Tesla chair says life-changing wealth boosts her independence as she blasts judge’s critique of ‘lackadaisical’ oversight of Elon Musk—’That is crap’
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Tesla President Robin Denholmwho is one of Luck The strongest womendidn’t mince words when responding to a Delaware judge’s criticism of the board’s oversight — as well as its own oversight — of CEO Elon Musk. In an interview with Financial TimesShe spoke about Musk’s historic compensation package, worth more…
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After layoffs, Musk says Tesla to spend $500 million on charging network By Reuters
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(Reuters) – Tesla CEO Elon Musk said on Friday that the company will spend more than $500 million this year to expand its fast charging network, days after the employees who were running the company were abruptly laid off. “Just to reiterate: Tesla (NASDAQ:) will spend more than $500 million…
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Why a Tesla breakthrough in full-self-driving would be a fleeting victory for TSLA stock
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Image by Amnesty International The bullish case for TSLA stock among many is the solution to full self-driving. The dream is cars running on autopilot, like a taxi but without a driver. If it were cheap enough, it would remove the need for many people to own cars. It’s certainly…
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Tesla pulls back on gigacasting ambitions as cost-cutting measures continue (NASDAQ:TSLA)
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Editorial jetcityimage/iStock via Getty Images Implications of the shift in strategy at Tesla (Nasdaq: Tesla) still feels. Following news that Tesla (TSLA) is laying off its Supercharger team, the Austin-based company is now reportedly backing away from plans to manufacture high-volume Gigacasts. sources He told Reuters that Tesla (TSLA) will…