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Elon Musk Podcast

Tesla Shareholders Defy Court to Back Musk's $56 Billion Payday

Jun 29, 2024
Elon Musk's $56 billion pay package at Tesla faces a legal battle as shareholders defy court ruling. The podcast delves into the challenges, arguments, and potential implications for Musk's future at Tesla.
08:49

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Tesla shareholders defied a court ruling to approve Elon Musk's stock options package.
  • Legal battle over Musk's pay package involves challenges of undue influence and legal fees.

Deep dives

Elon Musk's Stock Options Package Ratified by Tesla Shareholders

Tesla shareholders recently voted to ratify Elon Musk's 2018 stock options package, which had been previously invalidated by a court ruling. The approval followed concerns over undue influence and lack of information provided to shareholders. The decision marks a significant development in the legal battle surrounding Musk's 56 billion dollar pay package.

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