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In the United States, it is crucial for a Deal to Be a Deal: Tesla Stresses the Importance of Elon Musk's Leadership in Yet Another Shareholder Push for CEO Pay Plan Approval

Benzinga LogoBenzinga3w ago

 In the United States, it is crucial for a Deal to Be a Deal: Tesla Stresses the Importance of Elon Musk's Leadership in Yet Another Shareholder Push for CEO Pay Plan Approval - Benzinga

Quick Summary:

It also highlighted Tesla’s transformation from a loss-making company to a profitable one under Musk’s leadership.“Elon hit every ‘jaw-dropping’ target in the innovative and ambitious 2018 Award, leading to staggering growth,” it read.“We have seen what the leadership of an incentivized Elon can do to drive innovation and create value.

What Happened: The EV giant, in an SEC filing, said it had updated its dedicated website to rally shareholders with a letter urging them to vote in favor of proposals three and four — concerning re-domesticating Tesla in Texas and addressing Musk’s pay plan, respectively.

Tesla, Inc. (NASDAQ:TSLA) is making yet another strong push to get shareholder approval for CEO Elon Musk‘s controversial 2018 compensation package ahead of the annual meeting next month.


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Article Details

Author / Journalist: Shanthi Rexaline

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-22 @ 07:42:59 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21056424

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 2 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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