Tesla eyes new pay deal for Musk as legal row over $56 bn package drags on

Quick Summary:

Tesla shifted its legal incorporation from Delaware to Texas last year in protest at the court decision.

Committee chair Denholm has sold $538 million in Tesla shares since joining in 2014, with $198 million of that in the past six months alone.

A Delaware judge, however, ruled in January 2024 that the package was excessive and had been approved by a board too closely aligned with Musk.

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Category: BusinessFinance

Markets: IndiaChina

Topics: How much does Tesla pay Elon New pay package elon musk New pay deal for Elon Musk tesla control Musk tesla ownership Elon musk control Elon Musk pay package Elon net worth Musk tesla stake

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Published On: 2025-05-14 @ 12:25:48 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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