Currently Musk's ownership stake in Tesla sits at 12.9%, but would balloon to 22.4% if the pay package is approved by shareholders, Glass Lewis said. Glass Lewis first raised concerns about Musk's ...
Tesla (NASDAQ:TSLA) stock is slipping on Tuesday after proxy advisor firm Glass Lewis urged the company’s investors not to approve a $56 billion pay package for founder and CEO Elon Musk.
Proxy advisor Glass Lewis recommended Tesla shareholders vote down CEO Elon Musk’s compensation package. Tesla stock was trading lower.
Multi-hyphenate business magnate Elon Musk is fine ... multibillion-dollar pay package, but letting them listen to analysts? Now that he can't tolerate. Titled "What Glass Lewis Got Wrong About ...
The team of lawyers who sued to void Tesla CEO Elon Musk's $56 billion pay package have requested $6 billion in legal fees for their work, but their request may run afoul of a new court ruling ...
The package was essentially Musk’s bet on himself. He was betting he could get Tesla stock to rise from a valuation of $60 billion to at least $650 billion, a 983% rise, while making it profitab ...
Tesla was quick to fire back at Glass Lewis after the advisory firm ... Commission calling for investors to vote against both Musk's pay package and the proposal to reelect James Murdoch and ...
To qualify for a possible invite to the tour, investors must cast their vote on ... Musk's pay package and the proposal to reelect Murdoch and Kimbal Musk. Separately, proxy advisory firm Glass ...
Following the court ruling, Tesla shareholders met in June and ratified Musk’s 2018 pay package for a second time. McCormick made clear, however, that the June vote would not be considered in ...
The in-house manager of the world’s largest sovereign wealth ... higher risk” of ISS and Glass Lewis recommending that clients vote against the ‘say on pay’ at annual general meetings.