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What's Next for Elon Musk and Tesla After CEO's Pay Package Was Struck Down.

Authors :
Elliott, Rebecca
Source :
Wall Street Journal - Online Edition. 2/3/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

A recent ruling by a Delaware judge has voided Elon Musk's $55.8 billion compensation package at Tesla, leaving both Musk and the company's board members uncertain about the next steps. If Musk were to step aside, it could negatively impact Tesla's stock price and his overall wealth. The ruling has also added to the uncertainty surrounding Tesla, as the company has already experienced a decline in its share price and warned of lower growth in 2024. Tesla's board will likely focus on the core business while considering their options for compensation. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
175243170