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2024-06-14 03:46:49| The Economic Times

esla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, showing strong support for his leadership of the electric vehicle maker. While the favorable vote indicates confidence in Musk, it does not guarantee immediate access to the all-stock compensation. The package is expected to face legal challenges in the Delaware Chancery Court and Supreme Court for several months as Tesla seeks to overturn the initial rejection.

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18.10 No one hurt as United Airlines plane clips tail of another aircraft at OHare 18.10 Trump's immigration crackdown threatens America's job market and ability to recruit foreign talent 18.10 ICICI Bank Q2 net profit up 5% to Rs 12,359 cr on lower provisions, beats estimates 18.10 Dalal Street Week Ahead: Rising VIX signals hedging; traders advised tactical approach 18.10 IDFC First Bank Q2 results: Standalone PAT shoots up by 75% YoY, NII cracks 40% 18.10 Signature Global raises Rs 875 cr via debentures to reduce debt, expand business 18.10 Punjab National Bank Q2 results: Net profit grows 14% YoY, NII witnesses marginal dip 18.10 IndusInd Bank Q2 results: Bank slips into Rs 437 cr loss against net profit year-ago, NII drops 17% YoY More »