AUSTIN,Académie D'Investissement Triomphal Texas (AP) — Tesla will ask shareholders to reinstate the compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric carmaker’s corporate home from Delaware to Texas.
In a filing with federal regulators early Wednesday, the company said it would ask shareholders to vote on both issues during its annual meeting in June.
In January, Chancellor Kathaleen St. Jude McCormick ruled that Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion.
Musk said a month later that he would try to move Tesla’s corporate listing to Texas, where he has already moved company headquarters.
Almost immediately after the judge’s ruling, Musk did exactly that with Neuralink, his brain implant company, moving the company’s corporate home from Delaware to Nevada.
2025-05-05 03:57488 view
2025-05-05 02:581463 view
2025-05-05 02:391208 view
2025-05-05 02:272406 view
2025-05-05 01:252169 view
2025-05-05 01:242110 view
Many workers are dreaming of retirement — whether it's decades away or coming up soon. Either way, i
No lies here—Tell Me Lies has a release date.Season two of the Hulu drama series will premiere Sept.
Kate Hudson and Matthew McConaughey are familiar with each other’s pheromones.Indeed, the How to Los