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Elon Musk to take home much less than $56 billion pay owing to this reason

Elon Musk is now worth $48.3 billion as of Thursday’s market close owing to a steady decline in Tesla share price this year.

Elon Musk arrives at the 10th Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles. Tesla CEO Musk's massive pay package that was thrown out by a Delaware judge has been approved by the company's shareholders. (AP)
Updated on Jun 14, 2024 07:25 AM IST
By | Edited by Mallika Soni

Elon Musk's $56 billion pay approved by Tesla shareholders. He says: ‘Love you’

The pay package was approved by investors in 2018 but was struck down by a court in January. Will Elon Musk get $56 billion? How Tesla shares reacted?

Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars in Gruenheide near Berlin, Germany.(AP)
Updated on Jun 14, 2024 06:51 AM IST
By | Edited by Mallika Soni

Elon Musk is very confident Tesla will give him $56 billion pay: ‘Voting yes'

Shareholders of the electric-car maker are voting on a proposal to ratify CEO Elon Musk's 2018 incentive package, valued at up to $56 billion.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference.(Reuters)
Published on Jun 13, 2024 10:34 AM IST
Reuters |

Elon Musk uses iconic Indian meme to take a dig at Apple-OpenAI deal

Elon Musk highlighted how Apple is integrating OpenAI's ChatGPT in several of its features and how it can lead to a data violation using the meme.

Elon Musk shared an Indian meme to take a dig at the latest Apple and OpenAI deal.
Published on Jun 11, 2024 10:19 AM IST
ByVrinda Jain

Tesla turns to Musk's small shareholder fans to back $56 billion payday

TESLA-INVESTORS:Tesla turns to Musk's small shareholder fans to back $56 billion payday

Tesla turns to Musk's small shareholder fans to back $56 billion payday
Updated on Jun 10, 2024 03:37 PM IST
Reuters |
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