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Top News In Tesla Directors Today - Breaking & Trending Today

Elon Musk Left Furious After US Court Cancels Billion Dollar Tesla Pay-Out

The financial compensation package, consisting of $55.8 billion, was dubbed "an unfathomable sum" by Chancery Court Chief Judge Kathaleen McCormick. ....

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Tesla Directors To Return USD 735 Million to Company As They 'Overpaid Themselves'

They agreed to return the equivalent value of 3.1 million Tesla stock options, according to the court filing. Last week, reports surfaced that Musk even planned a lavish glass house for himself near Tesla headquarters in Austin, Texas, worth millions of dollars which prompted an internal investigation by the electric car-maker s board over alleged improprieties. Tesla Directors To Return USD 735 Million to Company As They ‘Overpaid Themselves’. ....

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Tesla's directors will pay $735 million to settle a lawsuit filed by shareholders. Details here

Tesla directors, led by Elon Musk, will return $735 million worth of stock options and forgo compensation for three years to settle a shareholder lawsuit. ....

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Tesla directors get softer support, shareholder proposal gains ground

In a securities filing Tesla said support for a shareholder resolution on how it handles arbitration matters rose to 46% of votes cast at its annual meeting last week, from 27% for a similar proposal in 2020. ....

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Tesla investor sues Musk over 'erratic' tweets, failure in ensuring compliance

Tesla investor sues Musk over erratic tweets, failure in ensuring compliance
The complaint highlighted several Musk posts on social media platform Twitter, including his assessment last May 1 that Tesla s stock price was too high, prompting a more than $13 billion tumble in Tesla s market value
Reuters | March 13, 2021 | Updated 08:11 IST
Tesla Inc Chief Executive Elon Musk
Tesla Inc Chief Executive Elon Musk has been sued by a shareholder who accused him of violating his 2018 settlement with the US Securities and Exchange Commission over his Twitter use.
According to a complaint unsealed late Thursday in Delaware Chancery Court, which also names the electric car company s board as defendants, Musk s erratic tweets and the failure of Tesla directors to ensure he complied with the SEC settlement have exposed shareholders to billions of dollars of losses. ....

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