Articles written by Tom Krisher & David Hamilton


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  • Elon Musk wins back his $44.9 billion Tesla pay package in shareholder vote

    TOM KRISHER and DAVID HAMILTON|Jun 14, 2024

    DETROIT (AP) — Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker. The favorable vote doesn't necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the Delaware judge's rejection. Musk has raised doubts about h...