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Tesla shareholders approve Musk’s $56B pay package

Tesla shareholders gave a big thumbs-up to CEO Elon Musk’s controversial $56 billion pay package, the company said on Thursday. This is paving the way for the mogul to keep his focus on his biggest source of wealth. Shareholders also approved a proposal to move the company’s legal home to Texas from Delaware. Tesla announced this […]

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Musk, Twitter may reach deal to end court battle as early as Wednesday – source

by Tunde
October 5, 2022
1 Comment

Elon Musk and Twitter Inc may reach an agreement to end their litigation as soon as Wednesday and clear the way for the world’s richest person to close his $44 billion deal for the social media platform, a source familiar with the litigation told Reuters. Chancellor Kathaleen McCormick, the judge on Delaware’s Court of Chancery, wrote: “The […]