Prøve GULL - Gratis
Musk offers Tesla factory tours to 15 shareholders who vote on his pay plan
The Straits Times
|May 30, 2024
Billionaire Elon Musk is offering tours of Tesla's factory in June to 15 shareholders who vote on his US$56 billion (S$75.5 billion) pay package, the latest effort by the electric vehicle maker to rally votes for the compensation after a court struck it down.
-
The upcoming vote, whose result will be announced at the company's annual meeting on June 13, is seen as a referendum on Mr Musk's leadership as investors worry that he is distracted by his other ventures and that his often controversial comments are weighing on the reputation and sales of Tesla.
The company is making an unusual and public effort to rally support for Mr Musk's pay. Its board has justified the pay deal by saying it is necessary to make sure Mr Musk prioritises Tesla over his other commitments.
Tesla has asked shareholders to reaffirm their approval of the record-breaking compensation that was set in 2018 but was rejected by a judge who found the package was negotiated by directors who appeared beholden to Mr Musk.
Denne historien er fra May 30, 2024-utgaven av The Straits Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Straits Times
The Straits Times
RAMEN REVIVAL
Slurp up regional flavours from Japan and local hawker renditions
10 mins
November 02, 2025
The Straits Times
MIDDLE EASTERN MELTING POT
New eateries are putting their own spin on the cuisine, while established players keep pace with updated menus
11 mins
November 02, 2025
The Straits Times
From a super-saver to embracing 'die with zero'
After a lifetime of saving for the future, I recently opened up to the idea that maybe one should use up one's wealth before one dies.
6 mins
November 02, 2025
The Straits Times
MASTEROFMYUNIVERSE TO RULE
RACE 1 (1,200M) 4 Run Run Timing made a strong first impression for the Ricky Yiu stable, finishing a close second on his Class 5 debut and showing he is ready to win again. He draws wider in barrier 9 this time, but that effort confirmed he was heading the right way.
6 mins
November 02, 2025
The Straits Times
KEEPING CALM THE 'BIGGEST LESSON'
Sabalenka aims to keep her emotions in check in bid for first WTA Finals crown
2 mins
November 02, 2025
The Straits Times
New work by late M'sian poet
Two young editors have worked to posthumously publish In The Mirror: New And Selected Poems Of Wong Phui Nam
3 mins
November 02, 2025
The Straits Times
WILL POGACAR BECOME CYCLING'S G.O.A.T?
In this series, The Straits Times takes a deep dive into the hottest sports topic or debate of the hour. From Lamine Yamal's status as the next big thing to pickleball's growth, we'll ask The Big Question to set you thinking, and talking.
5 mins
November 02, 2025
The Straits Times
Sentosa Cove property prices buck mainland uptrend as loss-making deals rise
In July, a condominium unit at Marina Collection in Sentosa Cove was resold for $4.95 million, over 40 per cent below the price paid in 2008.
4 mins
November 02, 2025
The Straits Times
More HDB flat owners switching to bank loans as rates drop to 3-year low
Owners spoilt for choice as banks compete to offer attractive refinancing options
4 mins
November 02, 2025
The Straits Times
Beauty products and fried chicken: Korean culture meets diplomacy at summit
World leaders and business titans gathered in South Korea this week to hash out issues from tariffs and AI to regional security.
2 mins
November 02, 2025
Listen
Translate
Change font size