The Board offered him $30.3 Million for his 2023 performance, but he said he would only take $29 Million.
So beautiful.
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Interesting development. WF shareholders should follow suit (no pun).
A Delaware judge on Tuesday ruled that Elon Musk’s generous 2018 compensation package, which helped make the tech entrepreneur the world’s richest person, was unfair and should be undone.
The $56 billion package, advanced by shareholders and Tesla’s board, entitled Musk to stock options in the company as it hit specific performance targets. Shareholders sued Musk, alleging the process that led to the package was improper.
“The defendants proved that Musk was uniquely motivated by ambitious goals and that Tesla desperately needed Musk to succeed in its next stage of development,"
He is Jesus
Probably one of the most selfless things I’ve seen in a long time. Kudos to you Charles!
I took the other million. I get everyone in Hudson Yards their Gelato.
hey, he puts his $800 Armani slacks on one-leg-at-a-time, just like you and I. He is but a humble co-worker to us all.
18% raises for everone!
HA HA Charlie. You have done nothing for the company and yet you remain.
It makes you wonder what dirt Charlie has on the board for them to still keep him around. What privilege does he have?
It was probably a personal tax thing. That extra million would have all gone to taxes or something like that.
So, what you are saying is, there is hope, things are finally changing and it's a beautiful thing to see happening.
You may be correct, let's give it some more time and see how it goes.
Finally a little positivity starting to surface.