Tesla tells judge that shareholder vote should reverse Musk pay ruling

Quick Summary:

WILMINGTON, Delaware : A Delaware judge should recognize a vote by Tesla shareholders in favor of Elon Musk's $56 billion pay package and reverse her January ruling that voided the compensation, the company said in a filing that was made public on Friday.

The shareholder lawyers want a decision on their legal fee as the next step in the case.

Tesla's investors voted on June 13 in favor of the package of stock options.

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Category: EconomyBusiness

Markets: SingaporeBelgium

Topics: Tesla Shareholders Billion Legal Musk Shareholder Company Vote Delaware Package Case

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 00:32:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21331141

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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