financetom
Business
financetom
/
Business
/
Factbox-Tesla shareholder meeting: How investors are voting on Musk's $56 billion pay package
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Factbox-Tesla shareholder meeting: How investors are voting on Musk's $56 billion pay package
Jun 12, 2024 11:01 PM

(Reuters) -Investors will vote on Tesla CEO Elon Musk's $56 billion compensation package and the company's reincorporation in Texas, from Delaware, at a shareholder meeting on Thursday.

Analysts have flagged risk of the billionaire potentially leaving the electric-vehicle maker and prioritizing artificial-intelligence startup xAI and social media platform X if the pay package does not pass.

Musk said late on Wednesday that shareholders were voting by wide margins to approve the pay package.

Here are some institutional investors who have disclosed their vote:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IPG Photonics to Acquire Laser Cleaning Services Provider CleanLASER
IPG Photonics to Acquire Laser Cleaning Services Provider CleanLASER
Nov 3, 2024
08:48 AM EDT, 10/29/2024 (MT Newswires) -- IPG Photonics ( IPGP ) said Tuesday it has agreed to acquire laser cleaning services provider Clean-Lasersysteme, known as cleanLASER. Financial terms were not disclosed. The manufacturer of fiber lasers said the acquisition, subject to regulatory approval, is expected to close in Q4. IPG said it plans to provide more information about the...
Sector Update: Consumer
Sector Update: Consumer
Nov 3, 2024
08:50 AM EDT, 10/29/2024 (MT Newswires) -- Consumer stocks were steady premarket Tuesday, with The Consumer Staples Select Sector SPDR Fund (XLP) and The Consumer Discretionary Select Sector SPDR Fund (XLY) both unchanged. D.R. Horton ( DHI ) shares were down more than 9% after the company reported lower fiscal Q4 net income and consolidated revenue. ...
Market Chatter: HSBC CEO Denies Scheme to Split Bank Over East-West Tensions
Market Chatter: HSBC CEO Denies Scheme to Split Bank Over East-West Tensions
Nov 3, 2024
08:52 AM EDT, 10/29/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) Chief Executive Georges Elhedery denied speculations that he is planning to split the bank into two entities amid rising geopolitical tensions between China and the West, The Telegraph reported Tuesday. We have taken five regional governances down to two as part of the simplification drive, Elhedery was quoted...
Schlumberger Pick of the Week at Smart Insider Following EVP's Stock Sale
Schlumberger Pick of the Week at Smart Insider Following EVP's Stock Sale
Nov 3, 2024
08:51 AM EDT, 10/29/2024 (MT Newswires) -- Schlumberger ( SLB ) was Smart Insider's stock pick of the week after the company's Executive Vice President Abdellah Merad sold 60,000 Schlumberger ( SLB ) shares at $41.90 apiece on Oct. 24. The transaction, which reduced Merad's stake in the company by 22% to 212,000 shares, followed a 50,000 share sale in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved