Shareholders of US carmaker Tesla on Thursday approved a record $44.9 billion (about one trillion kronor) pay package for CEO Elon Musk, the AP reported. The decision came after a deal struck in 2018 was overturned by a Delaware court earlier this year. The exact number of votes was not immediately announced. According to the AP, approval of ...
Elon Musk is no longer the world's richest person after shares in his company Tesla plunged 7.2 percent on Monday, knocking him off the top of the Bloomberg Billionaires Index. Jeff Bezos has become the world's new richest person. Musk now has a net worth of $197.7 billion, while Bezos' fortune stands at $200.3 billion. This is the first time...
Lawyers who defended the interests of Tesla shareholders and pushed for Tesla boss Elon Musk not to receive a huge agreed fee of nearly $56 billion are now demanding a record fee for their legal services. That fee would amount to nearly six billion dollars and would be paid in Tesla stock. The three law firms involved in the litigation said thei...
