Gregory Varallo News Today

The pay package was approved by investors in 2018 but was struck down by a court in January. Will Elon Musk get $56 billion? How Tesla shares reacted?

Tesla shareholders voted in favor of a huge compensation package for CEO Elon Musk, endorsing the potential windfall after a Delaware court invalidated it, a company official said Thursday.

Tesla shareholders voted in favor of a huge compensation package for CEO Elon Musk, endorsing the potential windfall after a Delaware court invalidated it, a company official said Thursday.

The company’s board will now decide whether to appeal the decision, change where Tesla is incorporated or negotiate a new pay package. A Delaware judge’s...

If his demands are not met, Musk said, he would pursue unspecified ventures outside of Tesla.

A lawsuit against Vince McMahon in Delaware from WWE shareholders was dropped after their claims became 'moot'...

They will return $735 million to the company to settle a 2020 lawsuit

Faced with an extraordinary flood of objections from AMC Entertainment Holdings Inc investors who are suspicious of a proposed $129 million settlement on their behalf, a Delaware judge on Saturday ordered the movie theater company to throw open access to all of the evidence underpinning the deal.

Shareholders’ lawyers challenged the board’s contention that Elon Musk’s record-setting compensation was deserved and an effective tool of motivation.

Tesla CEO Elon Musk testified this week in a shareholder lawsuit that challenges his massive compensation package from the electric car giant. The lawsuit calls Musk a "part-time CEO" and alleges he was able to influence the company's board of directors, claiming few if any directors are actually independent of Musk.