Elon Musk, Tesla CEO. Credit: john smith williams/Shuttertstock.com Chancery Urged to Block Tesla 'Run From Jurisdiction' in Elon Musk Pay Case
Tesla has filed a proxy indicating it would be seeking shareholder votes on a relocation to Texas and whether Musk should receive the 2018 compensation plan that had been struck down by the Court of Chancery.
April 24, 2024 at 04:58 PM
3 minute read
Tesla's proposals to reinstate Elon Musk's compensation plan and reincorporate in Texas have prompted a new chapter in the Court of Chancery case that invalidated that plan, with the shareholder plaintiff filing five motions on Tuesday.
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