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Tesla Shareholders Defy Court to Back Musk's $56 Billion Payday

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Manage episode 426218724 series 3232624
Content provided by Stage Zero. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stage Zero or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Tesla shareholders have ratified Elon Musk's massive 2018 stock options package, challenging a previous court ruling that voided the pay plan. Despite a January decision by Delaware Judge Kathaleen McCormick citing undue influence and misinformation, Tesla argues the shareholder vote nullifies the ruling. The legal team representing the shareholders is pushing back, seeking billions in legal fees. The outcome hinges on upcoming court arguments and Judge McCormick’s interpretation of the shareholder vote's impact.

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798 episodes

Artwork
iconShare
 
Manage episode 426218724 series 3232624
Content provided by Stage Zero. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stage Zero or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Tesla shareholders have ratified Elon Musk's massive 2018 stock options package, challenging a previous court ruling that voided the pay plan. Despite a January decision by Delaware Judge Kathaleen McCormick citing undue influence and misinformation, Tesla argues the shareholder vote nullifies the ruling. The legal team representing the shareholders is pushing back, seeking billions in legal fees. The outcome hinges on upcoming court arguments and Judge McCormick’s interpretation of the shareholder vote's impact.

  continue reading

798 episodes

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