The auto company said Musk will only receive compensation for his work as CEO if the company and its shareholders do well, reports Reuters. Specifically, in a statement the company said, “Elon [Musk] will receive no guaranteed compensation of any kind–no salary, no cash bonuses, and no equity that vests simply by the passage of … Continue reading “Tesla says Elon Musk will only get paid when the company does well” The auto company said Musk will only receive compensation for his work as CEO if the company and its shareholders do well, reports Reuters.

Topics:  continue    tesla    musk s   read full story   musk   ceo   reuters   elon musk    elon musk    paid when the company   compensation   receive   guaranteed   reports   work   specifically   simply   shareholders   statement   equity   cash   vests   salary   bonuses   auto   passage   kind–no   vest   
BING NEWS:
  • The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
    The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, they had high hopes as charging chief Rebecca Tinucci went to meet with Musk about the network’s ...
    05/15/2024 - 11:12 am | View Link
  • Tesla is going all out to push Elon Musk's $55 billion pay package through — including spending money on ads
    Tesla is spending money on ads to promote Elon Musk's $55 billion pay plan. The company aims to reapprove Musk's compensation package after it was voided by a judge. Whether the package is reinstated ...
    05/15/2024 - 8:08 am | View Link
  • Tesla’s Top Retail Investor Votes Against Restoring Elon Musk’s $50 Billion Pay Package
    Leo Koguan, a Singapore-based billionaire who claims to be Tesla’s biggest retail investor and has previously called himself an Elon Musk “fanboy,” voted against ... later that year, the couple paid ...
    05/15/2024 - 6:07 am | View Link
  • Elon Musk ordered to testify again in US SEC probe of Twitter takeover
    A federal court ordered on Tuesday that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter.
    05/14/2024 - 11:15 am | View Link
  • Law professor says Tesla threatened to fire law firm over Musk’s huge payout
    Charles Elson accused EV company of strong-arming law firm where he consulted over his legal brief opposing Musk’s pay ...
    05/14/2024 - 4:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News