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Tesla shareholders on Thursday approved Elon Musk’s multibillion-dollar pay package, giving the CEO a pathway to earn as much as $1 trillion if he delivers on a set of long-term performance targets. More than 75% of shareholders backed the plan at Thursday’s meeting, and the announcement was met with cheers.“What we’re about to embark upon…
Tesla shareholders on Thursday approved Elon Musk’s multibillion-dollar pay package, giving the CEO a pathway to earn as much as $1 trillion if he delivers on a set of long-term performance targets. More than 75% of shareholders backed the plan at Thursday’s meeting, and the announcement was met with cheers.“What we’re about to embark upon…
Jack Dorsey, Twitter co-founder and former CEO, has shared a post supporting proposed $1 trillion pay package for Tesla CEO Elon Musk. For those unaware, the EV maker is set to host its annual general meeting (AGM) today, November 6. One of the key agenda of this year’s Tesla AGM is the $1 trillion pay…
Norway’s sovereign wealth fund, one of the largest investors in Tesla, has said it will vote against CEO Elon Musk’s proposed compensation package that could be worth up to $1 trillion over the next decade. The announcement comes ahead of Tesla’s annual shareholder meeting on Thursday, where the plan has become the most divisive agenda…
NEW DELHI: The Supreme Court’s ruling on telecom AGR (adjusted gross revenue) empowers the Cabinet to review the entire gamut of issues related to recovery of thousands of crores of rupees from Vodafone Idea, when it comes to matters of duplicate payments, double-counting, interest and penalty on interest, as pointed out by the company. Estimates…
NEW DELHI: The Supreme Court’s ruling on the telecom AGR matter empowers the Union Cabinet to review the entire gamut of issues related to the recovery of thousands of crores of rupees from the beleaguered Vodafone Idea when it comes to demands of duplicate payments, double counting, interest, and penalty on interest. Estimates put the…
Microsoft CEO Satya Nadella received a record-breaking $96.5 million compensation package for fiscal year 2025, marking a 22% increase from the previous year’s $79.1 million. The substantial pay raise comes as the Redmond giant positions itself as a leader in artificial intelligence, with the board crediting Nadella’s strategic vision for the company’s exceptional performance.According to…
In a recent update, IRCTC Tourism has introduced a spiritual “Holy Kashi” tour package which is extremely special as it aims at travellers seeking an in-depth revered circuit across North India. These places are Varanasi (Uttar Pradesh), Prayagraj (Uttar Pradesh), Ayodhya (Uttar Pradesh) and Bodh Gaya (Bihar). The package will take travellers across ancient temples,…
Elon Musk could claim tens of billions of dollars from Tesla’s record-setting executive pay package without meeting most of the “Mars-shot” goals set by the board, according to a Reuters analysis of his performance criteria and expert review.The September-approved package offers Musk up to $878 billion in stock over 10 years if he achieves ambitious…
A coalition of Tesla shareholders, including SOC Investment Group and state officials from Nevada, New Mexico, and Connecticut, has reportedly called on investors to vote against CEO Elon Musk’s proposed $1 trillion compensation package at the company’s November meeting. According to a report in Bloomberg, citing regulatory filing released recently, in the letter to Tesla…
