Tech
Tesla board explores new pay deal for Elon Musk: Report
Tesla‘s board has formed a special committee to explore CEO Elon Musk‘s pay, which could lead to him being offered a fresh package of stock options, the Financial Times reported on Wednesday.
The two-member committee comprises Tesla board Chair Robyn Denholm and independent board member Kathleen Wilson-Thompson, the newspaper reported, citing several people familiar with the matter.
In March, Musk kicked off an appeal to try to restore his $56 billion payday from Tesla, claiming a lower court judge made multiple legal errors in rescinding the record…
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