{
}
Tesla is forming a special committee to explore new compensation options for Elon Musk after a court invalidated his £45 billion pay package, citing flawed negotiations with non-independent board members. Musk has threatened to leave if he doesn't gain more control over the company, emphasizing the need for a larger stake to protect Tesla from activist investors. The committee's efforts could lead to an appeal or a revised compensation plan, as the stakes rise for both Musk and shareholders regarding his role in the company's future.
Tesla's stock rose following reports that the board is considering a new compensation package for CEO Elon Musk, amid ongoing legal disputes over his previous pay deal. A special committee, led by chair Robyn Denholm, is exploring options, including stock options, as Musk has expressed dissatisfaction with his current compensation and threatened to shift focus to other ventures if not adequately compensated. The situation is complicated by Musk's controversial public behavior and its impact on Tesla's brand and sales.
Tesla's board is exploring a new compensation package for CEO Elon Musk, as his previous $55 billion deal from 2018 was rescinded by a judge due to conflicts of interest. A special committee is considering alternative stock options and backpay, anticipating challenges in reinstating the original package. Musk, who does not take a salary, remains Tesla's largest shareholder, and the board's actions suggest a recognition of the company's dependence on his leadership amidst ongoing controversies.
Tesla has formed a special committee to review Elon Musk's compensation, potentially leading to a new stock option package after his previous $56 billion deal was voided by a court. Amid shareholder pressure due to declining EV sales and Musk's political involvement, he has pledged to dedicate more time to the company. However, any new pay deal could incur significant financial repercussions, including a $50 billion accounting charge and a 57% tax hit for Musk.
Tesla's board has formed a special committee to reconsider Elon Musk's compensation following a Delaware court's invalidation of his $56 billion pay package. The committee, led by chair Robyn Denholm and board member Kathleen Wilson-Thompson, is exploring alternative compensation structures tied to future performance targets. Musk's previous stock options peaked at $146 billion but are currently valued at an estimated $98 billion, and any new equity award could have significant financial implications for the company.
Tesla's board has formed a special committee to review CEO Elon Musk's compensation amid a strategic shift towards AI and robotics. The committee, led by Chair Robyn Denholm, may propose a new stock options package tied to performance targets, as Musk appeals the rescinded $56 billion pay package from 2018. This review reflects Tesla's efforts to align Musk's pay with its evolving goals while navigating legal challenges and market dynamics.
Tesla's board has established a special committee to review CEO Elon Musk's compensation, potentially leading to a new stock options package. The committee, led by Chair Robyn Denholm and independent member Kathleen Wilson-Thompson, will also consider alternative compensation methods if Musk's $56 billion pay package from 2018 is not reinstated through his ongoing court appeal.
Elon Musk urged Tesla employees to hold onto their TSLA stocks during a public all-hands meeting, despite board members and executives recently selling millions in shares amid a 40% stock drop this year. He reiterated his optimistic vision for Tesla's future, claiming it would become the world's most valuable company. This call to action comes as Tesla faces its worst quarter in three years, raising questions about the confidence of insiders in the company's prospects.
World Investment Advisors LLC significantly increased its Tesla shares by 1,248.9% in Q3, now holding 199,229 shares valued at $52.1 million. Other firms like Destination Wealth Management and Vinva Investment Management also raised their stakes, contributing to institutional investors owning 66.20% of Tesla. Analysts have mixed ratings on Tesla, with UBS lowering its price target to $259, indicating a potential downside, while others set targets as high as $492. Insiders have sold over 553,000 shares in the past 90 days, reflecting a notable shift in ownership.
Clean Yield Group increased its Tesla shares by 60%, now holding 128 shares valued at $33,000. M&R Capital Management raised its position by 263.2%, owning 138 shares worth $36,000, while Peterson Financial and Farmers & Merchants Trust also acquired new stakes. Institutional investors control 66.20% of Tesla, which has a current "Hold" rating among analysts, with a consensus price target of $318.31.
Kathleen Wilson-Thompson
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Tesla seeks new path for Elon Musk's controversial compensation package
British Pound Sterling
United States Dollar
USA
Elon Musk
Kathleen Wilson-Thompson
Kathaleen McCormick
Robyn Denholm
Show more
06:27 20.05.2025
Tesla stock rises as board considers new pay package for Elon Musk
22:02 14.05.2025
Tesla board considers new compensation package for Elon Musk amid legal challenges
20:11 14.05.2025
Tesla reviews new pay package for Elon Musk amid leadership concerns
16:24 14.05.2025
Tesla reevaluates Elon Musk's compensation after court ruling invalidates pay package
16:14 14.05.2025
tesla committee reviews elon musk compensation amid strategic company shift
09:01 14.05.2025
Tesla board considers new compensation package for CEO Elon Musk
06:27 14.05.2025
Elon Musk urges Tesla employees to hold stocks amid executive sell-off
Tesla, Inc.
USA
Elon Musk
Kathleen Wilson-Thompson
Keith Rupert Murdoch
Kimbal Musk
Robyn Denholm
Vaibhav Taneja
Show more
14:42 21.03.2025
institutional investors significantly increase stakes in tesla during third quarter
07:48 01.02.2025
institutional investors increase stakes in tesla amid mixed analyst ratings
11:21 31.01.2025
Trending
Subcategory
Corporate News
Industry Trends
Venture Capital Investments
Emerging Startups
Economic Indicators
AI Innovations
Fintech Startups
Funding Rounds & Investments
Global Trade Developments
AI Applications
Retail and Consumer Goods
IPOs & SPACs
Government Economic Policies
Macro-economic Trends
Startups & Entrepreneurship
Cryptocurrency Trends
AI Ethics & Policy
Real Estate Investments
Sustainable Finance
Supply Chain Management
Countries:
Companies:
Apple Inc.
VOLKSWAGEN AG
Amazon.com Inc.
Nvidia Corporation
Medius Holdings Co., Ltd.
SITC International Holdings Company Limited
Firefly AB (publ)
Aeon Bank (M) Berhad Bhd
AF DOBRA, SICAV, S.A.
Alibaba Group Holding Limited
Getty Images Holdings, Inc.
Sunnova Energy International Inc.
QUALCOMM Incorporated
Alphawave IP Group plc
Grab2Go AS
NVIDIA Corporation
Microsoft Corporation
HDB Financial Services Ltd.
Zhejiang Leapmotor Technology Co., Ltd.
XPeng Inc.
Currencies:
People: