Elon Musk Package

'Elon Musk Package' - 28 News Result(s)

  • Elon Musk’s $55 Billion Tesla Pay Package Product of ‘Sham Negotiations’, Shareholders Say
    Associated Press | Wednesday February 22, 2023
    Tesla shareholders have argued in a Delaware court that Elon Musk’s pay package, awarded by the company’s board of directors to the CEO and potentially worth more than $55 billion (roughly Rs. 4.5 lakh crore), should be voided because it was dictated by Musk and the product of sham negotiations with directors who were not independent of him.
    www.gadgets360.com
  • Elon Musk's New Headache: Severance Pay For Laid Off Twitter Workers
    World News | Kurt Wagner, Josh Eidelson and Joel Rosenblatt, Bloomberg | Friday January 6, 2023
    Twitter Inc. employees who were laid off shortly after Elon Musk took over are still awaiting details of their severance packages months after being let go, leading to further legal trouble for the new owner.
    www.ndtv.com
  • Elon Musk's Pay Trial To Decide If Tesla's Growth Justifies $56 Billion Salary
    Business | Reuters | Saturday November 19, 2022
    After five days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion pay package from Tesla Inc was justified by the company's explosive growth or undermined by a flawed process.
    www.ndtv.com/business
  • Elon Musk Defends $56 Billion Salary, Says Some Tesla Decisions Made Without Board Nod
    Reuters | Thursday November 17, 2022
    Elon Musk on Wednesday defended his $56 billion (roughly Rs. 4,56,800 crore) pay package in a US court, in a lawsuit filed by a shareholder. The Tesla CEO said that he made some decisions without the approval of the company's board. However, the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a p...
    www.gadgets360.com
  • Elon Musk Asks Staff to Opt for 'Extremely Hardcore' Twitter or Take Severance Package
    Reuters | Wednesday November 16, 2022
    Elon Musk sent an email to Twitter's remaining staff asking them to opt to stay on for "working long hours at high intensity" or take a severance package of three months' pay. Twitter's new CEO also said that the platform would be "much more engineering-driven" under his leadership, adding that "those writing great code will constitute the majority...
    www.gadgets360.com
  • Elon Musk Tells Twitter Staff: Opt For 'Hardcore' Work Or Take Severance
    Business | Reuters | Wednesday November 16, 2022
    Elon Musk sent a message to Twitter staff telling them that they had until Thursday to consider whether they wanted to stay on for "working long hours at high intensity" or take a severance package of three months pay.
    www.ndtv.com/business
  • Elon Musk Set to Testify at US Trial Over His $50 Billion Tesla Pay Package
    Agence France-Presse | Wednesday November 16, 2022
    Elon Musk is set to take the stand on Wednesday as part of an ongoing trial over his $50 billion compensation as Tesla CEO, filed by a shareholder. The complaint by shareholder Richard Tornetta, who accuses Musk of "unjustified enrichment" and asked for the annulment of a pay program that helped make the entrepreneur the richest man in the world. T...
    www.gadgets360.com
  • Elon Musk's $55 Billion Tesla Pay Package Challenged in US Court Weeks After Twitter Takeover
    Reuters | Tuesday November 15, 2022
    Elon Musk's $55 billion (roughly Rs. 4,47,500 crore) pay package at Tesla has been challenged in a US court, weeks after the world's richest man completed his takeover of Twitter. The lawsuit seeks to challenge a 2018 performance-based stock option grant was negotiated by a compensation committee and approved by Tesla board members who allegedly ha...
    www.gadgets360.com
  • Elon Musk's SpaceX Buys Advertising Package for Starlink on Twitter
    Reuters | Monday November 14, 2022
    SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. Companies including General Motors, General Mills, Mondelez International and Volkswagen AG paused advertising on the platform after Musk ...
    www.gadgets360.com
  • Elon Musk's $56 Billion Tesla Pay Goes to Trial Ahead of Plans to Overhaul Twitter
    Reuters | Monday November 7, 2022
    Elon Musk's $56 billion (roughly Rs. 4,590 crore) pay is set to go to trial on November 14, as the world's richest man attempts to overhaul the most widely used microblogging service after the takeover deal. The billionaire is facing a Tesla shareholder's lawsuit that seeks to rescind his 2018 pay deal, that claims the board set easy targets for Mu...
    www.gadgets360.com
  • For Elon Musk, Trial To Decide If Tesla Should Cancel His $56 Billion Pay
    World News | Reuters | Monday November 7, 2022
    As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker.
    www.ndtv.com
  • Elon Musk Claims Twitter Ordered Former Security Chief to Destroy Evidence as Part of Severance Package
    Jef Feeley, Bloomberg | Tuesday October 11, 2022
    Elon Musk has accused Twitter of directing whistleblower Peiter Zatko to destroy evidence as part of his $7.8 million (roughly Rs. 64 crore) severance agreement, according to court filings from October 3 that were unsealed on Monday. Peiter Zatko, Twitter’s ex-head of security, said he burned 10 handwritten notebooks and deleted 100 computer file...
    www.gadgets360.com
  • Twitter Says No Companywide Layoffs Planned Ahead of Legal Battle Over Sale to Elon Musk
    Associated Press | Thursday July 14, 2022
    Twitter revealed on Wednesday that it has not planned any companywide layoffs, but is looking at changes to the organisation and restructuring, ahead of its legal battle with Elon Musk over the sale of the microblogging service. The announcement came a day after Twitter sued Musk on Tuesday, trying to force him to complete his $44 billion (roughly ...
    www.gadgets360.com
  • Twitter Deal Could Bolster Lawsuit Over Musk's $56 Billion Tesla Pay
    Reuters | Thursday June 30, 2022
    Elon Musk's $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO's $56 billion pay package from Tesla Inc is a waste of money that failed to secure his full-time services.
    www.carandbike.com
  • Twitter Deal Could Bolster Lawsuit Over Musk's $56 Billion Tesla Pay
    Reuters | Sunday May 1, 2022
    Elon Musk's $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO's $56 billion pay package from Tesla Inc is a waste of money that failed to secure his full-time services.
    www.carandbike.com

'Elon Musk Package' - 28 News Result(s)

  • Elon Musk’s $55 Billion Tesla Pay Package Product of ‘Sham Negotiations’, Shareholders Say
    Associated Press | Wednesday February 22, 2023
    Tesla shareholders have argued in a Delaware court that Elon Musk’s pay package, awarded by the company’s board of directors to the CEO and potentially worth more than $55 billion (roughly Rs. 4.5 lakh crore), should be voided because it was dictated by Musk and the product of sham negotiations with directors who were not independent of him.
    www.gadgets360.com
  • Elon Musk's New Headache: Severance Pay For Laid Off Twitter Workers
    World News | Kurt Wagner, Josh Eidelson and Joel Rosenblatt, Bloomberg | Friday January 6, 2023
    Twitter Inc. employees who were laid off shortly after Elon Musk took over are still awaiting details of their severance packages months after being let go, leading to further legal trouble for the new owner.
    www.ndtv.com
  • Elon Musk's Pay Trial To Decide If Tesla's Growth Justifies $56 Billion Salary
    Business | Reuters | Saturday November 19, 2022
    After five days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion pay package from Tesla Inc was justified by the company's explosive growth or undermined by a flawed process.
    www.ndtv.com/business
  • Elon Musk Defends $56 Billion Salary, Says Some Tesla Decisions Made Without Board Nod
    Reuters | Thursday November 17, 2022
    Elon Musk on Wednesday defended his $56 billion (roughly Rs. 4,56,800 crore) pay package in a US court, in a lawsuit filed by a shareholder. The Tesla CEO said that he made some decisions without the approval of the company's board. However, the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a p...
    www.gadgets360.com
  • Elon Musk Asks Staff to Opt for 'Extremely Hardcore' Twitter or Take Severance Package
    Reuters | Wednesday November 16, 2022
    Elon Musk sent an email to Twitter's remaining staff asking them to opt to stay on for "working long hours at high intensity" or take a severance package of three months' pay. Twitter's new CEO also said that the platform would be "much more engineering-driven" under his leadership, adding that "those writing great code will constitute the majority...
    www.gadgets360.com
  • Elon Musk Tells Twitter Staff: Opt For 'Hardcore' Work Or Take Severance
    Business | Reuters | Wednesday November 16, 2022
    Elon Musk sent a message to Twitter staff telling them that they had until Thursday to consider whether they wanted to stay on for "working long hours at high intensity" or take a severance package of three months pay.
    www.ndtv.com/business
  • Elon Musk Set to Testify at US Trial Over His $50 Billion Tesla Pay Package
    Agence France-Presse | Wednesday November 16, 2022
    Elon Musk is set to take the stand on Wednesday as part of an ongoing trial over his $50 billion compensation as Tesla CEO, filed by a shareholder. The complaint by shareholder Richard Tornetta, who accuses Musk of "unjustified enrichment" and asked for the annulment of a pay program that helped make the entrepreneur the richest man in the world. T...
    www.gadgets360.com
  • Elon Musk's $55 Billion Tesla Pay Package Challenged in US Court Weeks After Twitter Takeover
    Reuters | Tuesday November 15, 2022
    Elon Musk's $55 billion (roughly Rs. 4,47,500 crore) pay package at Tesla has been challenged in a US court, weeks after the world's richest man completed his takeover of Twitter. The lawsuit seeks to challenge a 2018 performance-based stock option grant was negotiated by a compensation committee and approved by Tesla board members who allegedly ha...
    www.gadgets360.com
  • Elon Musk's SpaceX Buys Advertising Package for Starlink on Twitter
    Reuters | Monday November 14, 2022
    SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. Companies including General Motors, General Mills, Mondelez International and Volkswagen AG paused advertising on the platform after Musk ...
    www.gadgets360.com
  • Elon Musk's $56 Billion Tesla Pay Goes to Trial Ahead of Plans to Overhaul Twitter
    Reuters | Monday November 7, 2022
    Elon Musk's $56 billion (roughly Rs. 4,590 crore) pay is set to go to trial on November 14, as the world's richest man attempts to overhaul the most widely used microblogging service after the takeover deal. The billionaire is facing a Tesla shareholder's lawsuit that seeks to rescind his 2018 pay deal, that claims the board set easy targets for Mu...
    www.gadgets360.com
  • For Elon Musk, Trial To Decide If Tesla Should Cancel His $56 Billion Pay
    World News | Reuters | Monday November 7, 2022
    As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker.
    www.ndtv.com
  • Elon Musk Claims Twitter Ordered Former Security Chief to Destroy Evidence as Part of Severance Package
    Jef Feeley, Bloomberg | Tuesday October 11, 2022
    Elon Musk has accused Twitter of directing whistleblower Peiter Zatko to destroy evidence as part of his $7.8 million (roughly Rs. 64 crore) severance agreement, according to court filings from October 3 that were unsealed on Monday. Peiter Zatko, Twitter’s ex-head of security, said he burned 10 handwritten notebooks and deleted 100 computer file...
    www.gadgets360.com
  • Twitter Says No Companywide Layoffs Planned Ahead of Legal Battle Over Sale to Elon Musk
    Associated Press | Thursday July 14, 2022
    Twitter revealed on Wednesday that it has not planned any companywide layoffs, but is looking at changes to the organisation and restructuring, ahead of its legal battle with Elon Musk over the sale of the microblogging service. The announcement came a day after Twitter sued Musk on Tuesday, trying to force him to complete his $44 billion (roughly ...
    www.gadgets360.com
  • Twitter Deal Could Bolster Lawsuit Over Musk's $56 Billion Tesla Pay
    Reuters | Thursday June 30, 2022
    Elon Musk's $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO's $56 billion pay package from Tesla Inc is a waste of money that failed to secure his full-time services.
    www.carandbike.com
  • Twitter Deal Could Bolster Lawsuit Over Musk's $56 Billion Tesla Pay
    Reuters | Sunday May 1, 2022
    Elon Musk's $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO's $56 billion pay package from Tesla Inc is a waste of money that failed to secure his full-time services.
    www.carandbike.com
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