{"id":14123,"date":"2024-04-17T14:37:17","date_gmt":"2024-04-17T12:37:17","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/04\/17\/tesla-asks-shareholders-to-back-56bn-pay-for-elon-musk-rejected-by-judge\/"},"modified":"2024-04-17T14:37:17","modified_gmt":"2024-04-17T12:37:17","slug":"tesla-asks-shareholders-to-back-56bn-pay-for-elon-musk-rejected-by-judge","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/04\/17\/tesla-asks-shareholders-to-back-56bn-pay-for-elon-musk-rejected-by-judge\/","title":{"rendered":"Tesla asks shareholders to back $56bn pay for Elon Musk rejected by judge"},"content":{"rendered":"<p>Delaware court in nullified compensation deal based on carmaker\u2019s market value in January, calling it \u2018unfathomable sum\u2019<\/p>\n<p>Tesla on Wednesday asked its shareholders to once again approve CEO <a href=\"https:\/\/www.theguardian.com\/technology\/elon-musk\">Elon Musk<\/a>\u2018s record-breaking $56bn pay that was set in 2018, but was <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/jan\/30\/elon-musk-tesla-pay-package-too-much-judge-rules\">rejected <\/a>by a Delaware judge in January.<\/p>\n<p>The compensation includes no salary or cash bonus, but sets rewards based on Tesla\u2019s market value rising to as much as $650bn over the next 10 years. Tesla is now valued at over $500bn, according to LSEG data.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/apr\/17\/elon-musk-tesla-pay\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/60db1e841e56752621cd6f437da634bcc8fb3be6\/0_65_1960_1176\/master\/1960.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=9ef91ac1edf5d2e469826d37333a55c9\" title=\"Tesla asks shareholders to back $56bn pay for Elon Musk rejected by judge\" \/>Delaware court in nullified compensation deal based on carmaker\u2019s market value in January, calling it \u2018unfathomable sum\u2019<br \/>\nTesla on Wednesday asked its shareholders to once again approve CEO Elon Musk\u2018s record-breaking $56bn pay that was set in 2018, but was rejected by a Delaware judge in January.<br \/>\nThe compensation includes no salary or cash bonus, but sets rewards based on Tesla\u2019s market value rising to as much as $650bn over the next 10 years. Tesla is now valued at over $500bn, according to LSEG data. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delaware court in nullified compensation deal based on carmaker\u2019s market value in January, calling it \u2018unfathomable sum\u2019 Tesla on Wednesday asked its shareholders to once again approve CEO Elon Musk\u2018s record-breaking $56bn pay that was set in 2018, but was rejected by a Delaware judge in January. The compensation includes no salary or cash bonus, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/04\/17\/tesla-asks-shareholders-to-back-56bn-pay-for-elon-musk-rejected-by-judge\/\"> <span class=\"screen-reader-text\">Tesla asks shareholders to back $56bn pay for Elon Musk rejected by judge<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":14124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14123"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=14123"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/14124"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=14123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=14123"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=14123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}