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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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20.11 Channel Tunnel says UK investment 'non-viable' as it halts projects 20.11 Cernan Earth and Space Center sets holiday slate of space-related fun 20.11 Mayor Brandon Johnson calls Blue Line fire attack isolated incident 20.11 Financier and former Fruit of the Loom CEO William F. Farley sells Chicago apartment for $7.5M 20.11 Most Chicagoans want the Bears to stay, poll finds, but dont want to spend tax dollars for a new stadium 20.11 Abbott Laboratories announces $21 billion deal to buy Cologuard-maker Exact Sciences 20.11 Walmart raises profit expectations as more Americans hunt deals in sluggish economy 20.11 Verizon is cutting more than 13,000 jobs as it works to reorient entire company More »