Re:Tesla putting Musk pay package up for another vote after ...
by archagon on Wednesday April 17, 2024 @02:10PM
(#40068224)
Well, no, he didn't meet those conditions according to the court of Delaware. And now he wants to flaunt this ruling by trying again and re-incorporating in Texas.
[ Parent
| on HN ]
Re:Tesla putting Musk pay package up for another vote after ...
by borkyborkbork on Wednesday April 17, 2024 @04:41PM
(#40069847)
That is not what the court said.
It said that the board did not explain the conditions correctly to the shareholders. Hence, they will provide shareholders with a full explanation of what the conditions were back in 2018 before this new vote.
Re:Tesla putting Musk pay package up for another vote after ...
by borkyborkbork on Wednesday April 17, 2024 @04:42PM
(#40069852)
^^ Original vote and the new one is by the shareholders.