The Delaware Supreme Court made its ruling in the fight over Tesla CEO Elon Musk’s $55 billion pay package from 2018, reversing the Court of Chancery’s decision and reinstating the pay package. But the Court still penalized Musk $1 plus attorney’s fees due to the award’s unfairness. The ruling is the latest and likely last … Continue reading “Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead”
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The judge ruling over Elon Musk’s ~$55 billion CEO pay package, which some Tesla shareholders claimed was obtained without following proper governance rules, has decided to reject Tesla’s attempt to reinstate it with a shareholder vote. Delaware Supreme Court could be next. In 2018, Tesla shareholders voted for Elon Musk to get a historic new … Continue reading “Judge shuts down Tesla’s attempt to reinstate Elon Musk’s giant CEO pay package”
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Delaware judge on Friday expressed scepticism that a vote by Tesla shareholders would give her grounds to reinstate the record $56bn pay package for Elon Musk that she invalidated earlier this year. During a … Continue reading “Tesla attempt to save Elon Musk’s $56bn pay package gets sceptical reception”
![Porsche adds new RWD and 4S variants, off-road package to its electric Macan lineup [Videos]](https://ev-magazine.com/wp-content/uploads/2024/07/1721131333_Porsche-adds-new-RWD-and-4S-variants-off-road-package-to.jpg)
Written by EVadmin
With production of the all-electric Macan now underway in Germany, Porsche is launching two new variants to appeal to a broader customer base. The automaker has introduced a lighter RWD variant and a new dual-motor 4S version with an optional off-road design package. The Macan is a compact luxury SUV that has been a staple … Continue reading “Porsche adds new RWD and 4S variants, off-road package to its electric Macan lineup [Videos]”