Judge Upholds Tesla's Pledge Not to Challenge Musk's Pay Ruling Outside of Delaware
Tuesday, 28 May 2024, 22:52
Judge's Assurance on Tesla and Musk
The Delaware judge overseeing Elon Musk's record Tesla pay package affirmed that the company vowed not to challenge her ruling outside the state.
Shareholder Legal Team's Request
The legal team representing shareholders who sued Musk over the massive pay package sought orders to safeguard their case from potential challenges in a Texas court.
Upcoming Shareholder Vote
Tesla's shareholders are set to vote on ratifying the pay package voided by Chancellor Kathaleen McCormick and on the proposal to move Tesla's incorporation to Texas.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.