
Elon Musk, 6 months after beating the payment package of $ 56 billion, wins a new group of $ 29 billion from Tesla
Timing The CEO Elon Musk grants 96 million shares of registered shares of approximately $ 29 billion, just six months after the judge ordered the company to cancel his huge salary package.
The maker of the electric vehicle said in a regulatory file on Monday that Musk must first pay $ 23.34 to the stock registered from the restricted shares that equal the price of the exercise per share from the payment package for the year 2018, which was granted to the CEO of the company.
In December, Dilayer, Cataline Saint Jude McC Corcism Reaffirmation Its previous decision that Tesla must cancel the bill of dollars in payment. I found that Musk designed the historic payment package in Fake negotiations With directors who were not independent.
At that time, McCromic also rejected unprecedented and huge Requesting fees from the prosecutor’s lawyerThose who argued that they are entitled to obtain legal fees in the form of Tesla shares of more than $ 5 billion. The judge said that the lawyers are entitled to obtain a fee of $ 345 million.
The rulings came in a lawsuit filed by Tesla’s shares holder who challenged the MUSK compensation package for the year 2018.
This payment package carried the maximum potential value of about $ 56 billion, but this amount has fluctuated over the years at the price of Tesla.
Musk resumed the matter in March. A month later, Tesla said in a regulatory file was create A special committee to consider compensation for Musk as CEO.
Tesla shares decreased by 25 % this year, due to the reaction to Musk Affiliation With President Donald Trump. But Tesla also faces Intensive competition From both the large car manufacturers, Detroit, and from China.
In the last quarter, Tesla stated that the quarterly profits decreased from $ 1.39 billion to $ 409 million. The revenues also decreased and the company retracted the low expectations in Wall Street.
Under pressure from shareholders last month, Tesla set an annual meeting for the shareholders of November to comply with the Texas State Law.
A group of more than 20 Tesla shareholders, who saw Tesla shares, said in a letter to the company that they need to submit at least a public notice of the annual meeting.
Investors are increasingly concerned about his promotion to the company after Musk spent a lot of time in Washington this year, to become one of the most prominent officials of the Trump administration in its attempt to reduce the size of the US government.
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