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Tag: TESLA

empty inside of a self-driving car

SEC Puts Proxy Voting in Self-Driving Mode

empty inside of a self-driving car

Last year, Goldman Sachs shareholders representing roughly a third of votes cast objected to $80 million in retention bonuses for CEO David Solomon and President John Waldron, the most pushback on compensation the bank has ever seen. Holder...

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overflowing dough

Court OKs Tesla Board’s Deal to Repay Nearly $1 Billion

overflowing dough

Ending one skirmish amid the legal battles at Tesla over excessive compensation, a Delaware Chancery Court on January 8 approved a deal that Tesla’s board of directors struck 18 months ago to return roughly $919 million to the company. The...

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gavel

Judge Again Rejects Musk’s $56 Billion Pay Package from Tesla

gavel

We’re going to talk about Elon Musk, but first we’ve got to focus. Forget, for a moment, about other recent stories involving the world’s richest man. Forget about his stated initiative to feed “all court cases” to an artificially intellige...

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electric vehicle charging station

EV Industry Struggles Multiply as Sales Continue to Stall

electric vehicle charging station

The precipitous drop in demand for electric vehicles continues to inflict pain on the automotive sector in the form of bankruptcies, workforce reductions, sagging profits, and abandoned factory and development projects. Some EV manufacturer...

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Boxing gloves hanging from a hook

Court Battles for Musk, Cook Highlight New Expectations for Executive Pay

Boxing gloves hanging from a hook

It was a tale of two verdicts recently for a pair of corporate heavyweights and their compensation. On January 30, a Delaware court put the kibosh on a $56 billion pay package for Elon Musk, the mercurial automotive innovator. Judge Kathale...

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