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Old 09-21-2019, 07:56 AM   #1
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Default Judge says Tesla board must face trial over Musk's mega-pay package

Filed under: Earnings/Financials,Government/Legal,Green,Tesla
A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company. Tesla estimated the 2018 compensation package was worth $2.6 billion when it received stockholder approval in March 2018, although stock analysts at the time said it could be worth up to $70 billion if the company - which has yet to post an annContinue reading Judge says Tesla board must face trial over Musk's mega-pay package
Judge says Tesla board must face trial over Musk's mega-pay package originally appeared on Autoblog on Sat, 21 Sep 2019 08:01:00 EDT. Please see our terms for use of feeds.


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