* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Salem’s Harborwalk Garden Cultivates Community with Entertainment, Food, and Events – 105.7 WROR

    Discover the Vibrant Community Spirit at Salem’s Harborwalk Garden: A Hub for Entertainment, Food, and Fun!

    Entertainment-Focused Narrative and Culture Change Practice – New America

    Transforming Culture Through Engaging Entertainment Narratives

    Rising stars: Young classical musicians surging on social media – Yahoo

    Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    AI for lawyers: Win back your time using technology – nationaljurist.com

    Reclaim Your Time: How AI is Transforming the Legal Profession

    Prosecutors accuse men of exporting U.S. military technology to China – Milwaukee Journal Sentinel

    Men Charged with Illegally Exporting U.S. Military Technology to China

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Salem’s Harborwalk Garden Cultivates Community with Entertainment, Food, and Events – 105.7 WROR

    Discover the Vibrant Community Spirit at Salem’s Harborwalk Garden: A Hub for Entertainment, Food, and Fun!

    Entertainment-Focused Narrative and Culture Change Practice – New America

    Transforming Culture Through Engaging Entertainment Narratives

    Rising stars: Young classical musicians surging on social media – Yahoo

    Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    AI for lawyers: Win back your time using technology – nationaljurist.com

    Reclaim Your Time: How AI is Transforming the Legal Profession

    Prosecutors accuse men of exporting U.S. military technology to China – Milwaukee Journal Sentinel

    Men Charged with Illegally Exporting U.S. Military Technology to China

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Elon Musk: Battle over £44bn payday looking tougher for Tesla boss

May 27, 2024
in News
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss
Share on FacebookShare on Twitter

Monday 27 May 2024 12:34 pm

Glass Lewis’ clients include Vanguard, one of the world’s largest investors and Tesla’s second-biggest shareholder.

Tesla is facing a shareholder revolt over plans to hand boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm’s second-largest investor behind Musk himself now advised to block the deal.

Influential proxy advisor Glass Lewis said in a report that it encouraged investors in the world’s largest electric vehicle maker to vote against the pay deal at its annual meeting on 13 June.

It said the payment, which would be the largest in corporate history, was “excessive” and that it would dilute the stakes of existing shareholders while concentrating power with Musk.

Glass Lewis’ clients include Vanguard, one of the world’s largest investors and Tesla’s second-biggest shareholder.

The 10-year pay package has proven widely controversial since it was signed off by shareholders in 2018. The deal was contingent on certain targets tied to Tesla’s share price and profitability.

It was voided by a Delaware judge earlier this year, who said Tesla directors were “perhaps starry eyed” due to Musk’s “superstar appeal” and did not fully inform shareholders.

After the ruling, Musk vowed to move Tesla’s legal incorporation to Texas – a proposal that will also be put to shareholders on 13 June.

Company directors have argued Musk’s package meant he was dedicated to Tesla. However, Glass Lewis’ report said the deal had apparently failed to keep him focused, citing a “slate of extraordinarily time-consuming projects unrelated to the company”, such as SpaceX and Twitter, now known as X.

It added that Tesla had become “reliant on the presence of one individual for its success”, with Musk’s side projects drawing criticism from shareholders.

As next month’s vote on the pay deal is advisory, Tesla could choose to ignore the outcome. However, a strong show of support from shareholders could bolster a legal appeal against the Delaware ruling.

Tesla has taken the unusual decision to launch a dedicated website urging investors to back its proposals, arguing that Musk’s award is “100 per cent aligned with stockholder interests”.

Glass Lewis also recommended that shareholders block the reelection of Musk’s brother Kimbal to Tesla’s board over independence concerns, while backing the reelection of Rupert Murdoch’s son James, the ex-CEO of 21st Century Fox.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CityAM – https://www.cityam.com/elon-musk-battle-over-44bn-payday-looking-tougher-for-tesla-boss/

Tags: BattlenewsPAYDAY
Previous Post

Could Persimmon be set for £1bn takeover of housebuilding rival Cala Group?

Next Post

How scientists accidentally found out that some bees can hibernate underwater

Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

June 3, 2025
Entry list: Henry Ford Health 200 at Michigan International Speedway – arcaracing.com

Get Ready for the Henry Ford Health 200: Exciting Entry List Revealed for Michigan International Speedway!

June 3, 2025
Inside Iowa Politics: The men who have disappeared from the workforce – KTIV

Inside Iowa Politics: The men who have disappeared from the workforce – KTIV

June 3, 2025
Gayatri Narayan joins Builders FirstSource as President, Technology and Digital Solutions – Woodworking Network

Gayatri Narayan Takes the Helm as President of Technology and Digital Solutions at Builders FirstSource!

June 3, 2025
XPOLAR X Series: The Innovative Device Redefining Sports Recovery – GlobeNewswire

XPOLAR X Series: The Innovative Device Redefining Sports Recovery – GlobeNewswire

June 3, 2025
Plan to control nonpoint sources of pollution – Washington State Department of Ecology (.gov)

Taking Charge: Strategies to Tackle Nonpoint Source Pollution in Washington State

June 3, 2025
The Uncertain and Shifting Future of Ph.D.s in Science – Undark Magazine

Navigating the Unpredictable Future of Science Ph.D.s: Challenges and Opportunities Ahead

June 3, 2025
‘Sport Science’ host John Brenkus dies after battle with depression – ABC News

‘Sport Science’ host John Brenkus dies after battle with depression – ABC News

June 3, 2025
Cost of ‘minimum retirement lifestyle’ has fallen amid lower energy prices – London Evening Standard

Affordable Retirement: How Lower Energy Prices Are Redefining Minimum Lifestyle Costs

June 3, 2025
Opinion | Poland Just Sent an Ominous Signal to the World – The New York Times

Poland’s Alarming Message to the Global Community

June 3, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (662)
  • Economy (676)
  • Entertainment (21,583)
  • General (15,259)
  • Health (9,720)
  • Lifestyle (679)
  • News (22,149)
  • People (677)
  • Politics (686)
  • Science (15,897)
  • Sports (21,182)
  • Technology (15,663)
  • World (664)

Recent News

Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

June 3, 2025
Entry list: Henry Ford Health 200 at Michigan International Speedway – arcaracing.com

Get Ready for the Henry Ford Health 200: Exciting Entry List Revealed for Michigan International Speedway!

June 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version