Musk's Texas-sized $1 trillion payday enabled by state's new lawTesla reincorporated in Texas after a Delaware judge rejected Elon Musk's $56 billion pay package. Texas corporate law offers greater prote...
06 Sep, 2025, 09.35 AM IST
Tesla blocks stockholders with less than 3% shares from suing officers on its behalfTesla has implemented a bylaw amendment, blocking shareholders with less than 3% ownership from filing derivative lawsuits against its dire...
17 May, 2025, 06.36 AM IST
Judge clears way for Elon Musk appeal to try to restore $56 billion Tesla payA Delaware judge opened the door for appeals in the Elon Musk pay package case. The judge previously ruled against the massive compensation...
14 Dec, 2024, 07.48 AM IST
'Windfall' fees now less likely for lawyers who sued to cut Elon Musk's Tesla payLawyers who successfully challenged Elon Musk's $56 billion pay package are seeking $6 billion in fees. Delaware's Court of Chancery Judge ...
29 Aug, 2024, 05.26 PM IST
Tesla investors to urge judge to reject record $7 billion legal fee in Elon Musk pay caseTesla shareholders and CalPERS contest Richard Tornetta's $7 billion fee request overseen by Chancellor McCormick. Tornetta's win voided Mu...
08 Jul, 2024, 04.08 PM IST
Tesla tells judge that shareholder vote should reverse Elon Musk's pay rulingTesla urges Delaware judge to recognize shareholders' vote supporting Elon Musk's $56B pay package, reverse voiding ruling, and reject $6B ...
21 Jun, 2024, 10.18 PM IST
Elon Musk wins back his huge Tesla payday in shareholder voteTesla shareholders voted to reinstate CEO Elon Musk's $44.9 billion pay package, previously rejected by a Delaware judge. The package remai...
14 Jun, 2024, 08.05 AM IST
Lawyers in Elon Musk pay case want a $6 billion feeThe fee request must be approved by Kathaleen McCormick, the judge overseeing the case. She called Musk's pay "unfathomable" in her ruling....
02 Mar, 2024, 11.32 PM IST
Elon Musk's warning about Tesla stake raises governance questionsElon Musk's warning about developing AI and robotics outside Tesla unless he gets more voting control could infringe on his duties as CEO a...
17 Jan, 2024, 08.14 AM IST
Elon Musk wants 25% voting control at Tesla before fulfilling AI goalTesla CEO Elon Musk said he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without hav...
16 Jan, 2024, 04.59 PM IST
Elon Musk seeks 25% voting share at TeslaTesla CEO Musk said in a post on social media platform X, formerly known as Twitter, that unless he got stock that is "enough to be influen...
16 Jan, 2024, 07.49 AM IST
Musk's pay trial asks if Tesla's growth justifies $56 billion compensationMusk and the Tesla directors named as defendants repeatedly testified that the package achieved what it set out to do -- deliver 10-fold gr...
19 Nov, 2022, 07.34 AM IST
Elon Musk to testify at trial over his $50 bn Tesla compensationTesla tycoon Elon Musk will testify in the same Delaware court where he faced a lawsuit by Twitter to make sure he went through with his bu...
16 Nov, 2022, 12.23 PM IST
Elon Musk trial opens to decide fate of his $56 billion Tesla payA Tesla shareholder hopes to prove during the five-day trial that Musk used his dominance over the electric vehicle maker's board to dictat...
14 Nov, 2022, 09.19 PM IST
Elon Musk braces for $56 billion battle with heavy metal drummerThe trial will pit the world's richest person against one of the electric carmaker's smallest investors, Richard Tornetta, who held just ni...
11 Nov, 2022, 08.01 PM IST
As Elon Musk focuses on Twitter, his $56 billion Tesla pay goes to trialA Tesla shareholder is seeking to rescind Musk's 2018 pay deal, claiming the board set easy performance targets and that Musk created the p...
07 Nov, 2022, 05.13 PM IST
Twitter deal could bolster lawsuit over Musk's $56 bln Tesla payThe deal for Twitter Inc and its potential to distract Musk from Tesla will play an important part of the trial in October, according to on...
29 Apr, 2022, 03.50 PM IST