Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts

Elon Musk, Tesla, Delaware, Texas, Technology, US news, World news, Automotive industry, Business Business | The Guardian

​Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based packageTesla’s battle to reinstate Elon Musk’s $45bn (£35bn) pay package is far from over, according to legal experts, despite shareholders backing the chief executive’s remuneration deal.Investors in the electric carmaker re-ratified the pay deal on Thursday after it had been struck down by a judge in the US state of Delaware. The company’s chair, Robin Deynholm has already pledged to “put it back in front of the court”. Continue reading… 

Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package

Tesla’s battle to reinstate Elon Musk’s $45bn (£35bn) pay package is far from over, according to legal experts, despite shareholders backing the chief executive’s remuneration deal.

Investors in the electric carmaker re-ratified the pay deal on Thursday after it had been struck down by a judge in the US state of Delaware. The company’s chair, Robin Deynholm has already pledged to “put it back in front of the court”.

Continue reading… 

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