Tesla shareholders have reapproved CEO Elon Musk's record-breaking $56 billion pay package, despite some institutional investors expressing concerns about the decision. The approval comes as Tesla fights for legal recognition of the shareholder vote, arguing that it significantly impacts a Delaware judge's ruling voiding the pay. Additionally, Tesla shareholders have signed off on a new Texas incorporation, which aims to save on state fees. Furthermore, Tesla has initiated legal action against its former supplier, Matthews International, for allegedly stealing trade secrets related to its battery-manufacturing process. The company is seeking damages exceeding $1 billion in this lawsuit.
Fuck @elonmusk. 🤷♂️ https://t.co/RHKkpiwDwR
Elon Musk vs. The Woke Mind Virus https://t.co/0Z5nGxpAu0
LAWFARE: Biden’s regime is asking a court to bar Elon Musk from serving as Tesla’s CEO and to remove him from the board. He would be unable to take SpaceX, Starlink, Twitter, or Boring public unless he resigned from each. Democrats are livid Musk bought X. https://t.co/fMyoMmtNU1
Delaware's courts will continue to assert control over a multibillion-dollar Tesla legal fee dispute despite the company's rushed effort to reincorporate in Texas and potentially put CEO Elon Musk's massive compensation plan beyond the state's reach. https://t.co/yaJxbGqrxL https://t.co/SaepjomUfw
$TSLA | Tesla Sues Former Supplier Over Trade Secret Theft, Seeks $1B Compensation: Report Tesla sues Matthews International for stealing trade secrets. Lawsuit claims damages exceeding $1 billion for Tesla. https://t.co/Bck9GW9bpJ
If you have any investments whatsoever, you very well may have voted on Friday—without even knowing it—to give Elon Musk a gigantic, $56 billion pay package as the CEO of Tesla. https://t.co/bXSLYNqpcq
If that happens, does Musk get to keep his absurd compensation package? https://t.co/rEw0tl8jRT
Tesla asks parties in Musk compensation case to interpret shareholders' ratification https://t.co/FH61U6k1Fr by @fredericlambert
Professor Sarath Sanga explains on @CNBC why Tesla shareholders are voting on Elon Musk’s pay package even if the courts will likely have the last say. https://t.co/XdRtk21JkB
Elon Musk’s Latest Legal Challenge Isn’t a Tesla Issue https://t.co/3Yzkk7Nqtv
NEWS: Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with its competitors. https://t.co/9ii6p1PtbU
Elon Musk and his fellow CEOs are outpacing their workers with the fastest pay growth in 14 years—but some still justify massive pay packages by "fairness." https://t.co/vdF43SKklU
I'm getting questions about the DLA Piper letter filed with the Chancellor in Tornetta on June 14. It is consistent with her May 28 letter ruling. The parties will fight the ratification issue out in Delaware. (Now, if Musk loses in Delaware, then things could get spicy...)
$TSLA kicks off the legal fight to reinstate Musk's pay, as we expected. https://t.co/QIz4Sm5OdU
Tesla kicks off legal fight to reinstate Musk's pay https://t.co/r9YsT69pMM https://t.co/RTbSNJBFfp
$TSLA began its fight for legal recognition of a shareholder vote favoring Elon Musk's record compensation, telling a Delaware judge that it "significantly impacts" her ruling voiding the pay, according to a letter made public on Monday. • The Delaware judge's ruling voiding… https://t.co/lOUeWqeDdA
Tesla kicks off legal fight to reinstate CEO Elon Musk’s pay https://t.co/vWUOZ15ASa
BREAKING: $TSLA KICKS OFF LEGAL FIGHT TO REINSTATE ELON’S $56B PAY PACKAGE 👀 They told the Delaware judge the vote "significantly impacts" her ruling! https://t.co/JsTkdKoKjC
Elon being barred from public company service, immediately following his pay package re-approval, might be welcome news for him $TSLA https://t.co/DFOGkCpt9T
Tesla sues ex-supplier Matthews over EV battery trade secrets https://t.co/Q5wxA03boU https://t.co/LvK6DzAPu6
NEWS: Tesla began its fight for legal recognition of a shareholder vote favoring Elon Musk's pay package, telling a Delaware judge that it "significantly impacts" her ruling voiding the pay, according to a letter made public on Monday. https://t.co/xFawI5Gl31
Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with the electric-vehicle giant's competitors https://t.co/plEw43RHxS https://t.co/DhKVZPLuLj
Tesla began its fight for legal recognition of a shareholder vote favoring Elon Musk's record compensation, telling a Delaware judge that it 'significantly impacts' her ruling voiding the pay, according to a letter made public https://t.co/1mKu0Wdids https://t.co/vdq6AUKtbh
🔵 TESLA KICKS OFF LEGAL FIGHT TO REINSTATE MUSK'S PAY Tesla began its fight for legal recognition of a shareholder vote favoring Elon Musk's record compensation, telling a Delaware judge that it "significantly impacts" her ruling voiding the pay, according to a letter made… https://t.co/2beKEU3pXx
Opinion: Here’s what Canadian companies can learn from Elon Musk’s crazy big pay package /via @globeandmail https://t.co/KYw65Fly4n
Will the SEC seek a D&O bar against Musk? https://t.co/SpmUWjWZaW
$TSLA $TSLAQ Seems like Tesla is about to completely ignore the Delaware ruling? Defence counsel notes "the Ratification is now effective" post the shareholder vote (Ratification of Elon's pay package) https://t.co/7Jcm8AtUT5
How The SEC's Latest Elon Musk Investigation Could Hit Tesla https://t.co/SYru5nNoii
Biden Administration continues its weaponization of federal agencies to go after Elon Musk. "Again ask a court to bar him from serving as an officer or director of a public company ... exposing him to the possibility of removal from Tesla." “They sued him previously, and I… https://t.co/00Vvnytzwj
Hey @elonmusk... is it true that the @SECGov is investigating you for potentially breaking the disclosure rules associated with your purchase of twitter (i.e., the rule that required you to reveal ownership of the stock once it passed 5% of Twitter's shares)? Could this push you… https://t.co/5wU2U5UYzZ
1/2 After reading the extended version of the @WSJ story, it seems, @elonmusk, you are potentially being investigated for civil fraud? Question on this: That is, as noted in today’s WSJ, if the @SECGov sues you for fraud, they will likely seek an officer/director bar,... https://t.co/FZ95s5iHSn https://t.co/iZkALqZDDj
Tesla will use shareholders’ strong support for Elon Musk's $56 billion pay package to try to win over a Delaware judge that invalidated his 2018 agreement, the company's board president said. But will it work? Subscribe to The Daily Docket: https://t.co/s1z0JFiNQe https://t.co/2nRLilWEyC
Hey @elonmusk... is it true that the @SECGov is investigating your for potentially breaking the disclosure rules associated with your purchase of twitter (i.e., the rule that required you to reveal ownership of the stock once it passed 5% of Twitter's shares)? Could this push you… https://t.co/LOWKnPIgS7
Tesla’s move to reincorporate in Texas is about much more than saving on state fees: It’s Elon Musk’s attempt to loosen Delaware’s grip on big corporations https://t.co/79nrNtuQfF via @WSJ
Elon Musk and the SEC Are on a Collision Course Again https://t.co/St2U9q4sgG
Regulators once accused Elon Musk of fraud over a buyout that didn’t happen. They might do it again—but this time about one that did. https://t.co/JvtUCpFSBZ
Shareholders OK with soaring executive pay in US https://t.co/adlg32QReP
Median CEO Pay at S&P 500 companies has jumped 12% this year, the largest increase in 14 years https://t.co/SRU1DediUx
$TSLA gained +0.7% this past week vs +3.5% for NDX. Many investors expected a bigger bump. The correct way to interpret this is that most investors assumed Elon’s 2018 comp package would pass easily. This week TSLA likely to ask DE Chancery Judge McCormick to reconsider her Jan…
#ICYMI: Elon Musk secures his $56 billion pay package. What’s next for his ultra-loyal retail investors? — via @drivingdotca #ElonMusk #Tesla #Investing https://t.co/SUJD7Wxnbl
How Telsa CEO Elon Musk Won His Pay Back https://t.co/SQmUV4SzEw
The Big Loser in Tesla’s Shareholder Vote Is Delaware | Shareholders back Elon Musk’s proposal to reincorporate in Texas, which has wooed big business | via @WSJ | thank you for interviewing me on this @theofrancis ❤️🙏 https://t.co/J5AZIbHl6i
Now that investors have reapproved Tesla CEO Elon Musk’s pay package, the time has come to think about what that kind of money can buy.
The Big Loser in Tesla's Shareholder Vote Is Delaware https://t.co/2sDcR9FvmO
US executive pay rises at fastest rate in 14 years via @Temple_West @FT https://t.co/BJxilb1IKK
Hard to tell who really wins in Musk pay package approval by the shareholders. But we know who’s the biggest loser. It’s the State of Delaware. Judges, please stay out of politics. Do your job. Now with this one rogue judge, the entire state’s reputation is tarnished.
US executive pay rising at fastest rate for at least 14 years https://t.co/6FQPkmzbft
Tesla’s proposal to reincorporate in Texas is about much more than saving on state fees: It’s Elon Musk’s attempt to loosen Delaware’s grip on big corporations. https://t.co/su6yw0A2VW
How #ElonMusk's $44.9B #Tesla pay package compares with the most generous plans for other #US #CEOs https://t.co/M2MAZk96J8
Tesla shareholders reapproved Elon Musk’s record-breaking pay pact and signed off on a new Texas incorporation Thursday in a show of support for the CEO as he fights legal battles on multiple fronts. https://t.co/lBohUdZCAT
Elon Musk's pay package approval was a mistake and Tesla needs to keep him in check, some institutional shareholders say https://t.co/sB8RGetOs7
Tesla shareholders on Thursday voted for restoring Elon Musk’s 10-year all-stock pay plan, valued by the company in April at $44.9 billion https://t.co/12ZS3OVBOP
#Tesla shareholders okay CEO #ElonMusk's Rs 4.67 lakh crore #PayPackage https://t.co/ne0tOuSN5l
Tesla urged a Delaware judge to reject an unusual proposal by the lawyers who defeated Elon Musk’s $56 billion compensation package and now want their legal fees paid with about $5.6 billion of stock. https://t.co/pA1Tx075VP
How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs https://t.co/ZTjwmV1Uho