Moreover,
Tesla validated 29 billion check:
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In the midst of a judicial conflict on its remuneration plan by Tesla. Furthermore, Elon Musk will receive $ 29 billion in action by the automaker.
Elon Musk – A jackpot so as not to see the richest man on the planet. Nevertheless, This Monday. Consequently, August 4, the automaker Tesla granted Elon Musk 96 million shares of the company for a value of around 29 billion dollars, while the enormous remuneration project of the boss of the electric vehicle brand is the subject of a legal battle.
The tesla validated 29 billion check SpaceX boss obtained authorization to buy these TESLA shares at a price of $ 23.34. Furthermore, that is to say their price when Tesla’s boss’s reward plan adopted in 2018, said the manufacturer in a document filed with the American stock market regulator. Therefore, At the end of the New York Stock Exchange Friday, August 1, the action ended at $ 302.60, which values this remuneration known as “Temporary” at some $ 29 billion (around 25 billion euros).
This measure is a way to maintain the millaries at the head of the company so that. it is back on the missions of Tesla which he had somewhat neglected for politics in recent months. “” Although we recognize that commercial projects, interests and other potential requests on Elon’s time and attention are large and varied (…). we are convinced that this reward will encourage Elon to stay with Tesla tesla validated 29 billion check “Said the special committee of the company responsible for the remuneration of Elon Musk.
Musk’s remuneration has been the subject of a legal battle for years. A plan. validated in 2018 in an extraordinary assembly by Tesla, planned to give Elon Musk of Tesla actions according to the achievement of several objectives over ten years. It was estimated during its adoption at some $ 56 billion. But a Delaware judge, seized by a shareholder, canceled it in January 2024.
Tesla validated 29 billion check
Informations “Erroned” et “Deceptive”
The latter considered that shareholders had received information “Erroned” et “Deceptive” Regarding the board of directors. the remuneration committee, upstream of the general meeting during which the plan was approved. However, the soap opera continued. Mid-June 2024, the Mega remuneration plan was again validated by the shareholders of Tesla. In December 2024, he was again rejected by tesla validated 29 billion check the justice of Delaware.
Tesla, who appealed the decision, had since set up a special committee responsible for studying the question. “The Special Committee. the Board of Directors have carefully deliberated on the decision to grant this interim reward in a context marked by the war of talents in artificial intelligence, more and more intense, and by the critical position of Tesla at a crucial inflection point”argued Tesla on network X, Monday August 4.
“To recognize what Elon has accomplished. the extraordinary value he brought to Tesla and our shareholders, we believe that it is necessary to take measures to honor the agreement concluded in 2018. After all, an agreement is an agreement”Tesla continues. “Musk remains the main asset of Tesla. this remuneration problem has been a constant concern of shareholders since the start of the Delaware soap opera”commented in a note, analyst Wedbush Securities.
tesla validated 29 billion check
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