Tesla Board Attempts to 'Ratify' Musk's Options Package Instead Granting New One


The Tesla board’s attempt to ratify Elon Musk’s 2018 compensation package has several legal and financial problems, including potential breaches of fiduciary duty and tax avoidance. The company would face massive losses if it granted Musk a new package, as the stock price has increased significantly since 2018, making it difficult to achieve targets and resulting in large compensation expenses. [summary]


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