Will Tesla shareholders re-approve Elon Musk's thrown out pay package?
Will Tesla shareholders re-approve Elon Musk's thrown out pay package?
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1kṀ42kresolved Jun 13
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In January 2024, a Delaware court threw out a Tesla pay package for Musk then worth $51 billion.
Tesla has filed a letter to stockholders with the SEC that asks them to vote to re-approve this package.
https://edition.cnn.com/2024/04/17/business/tesla-shareholders-musk-pay-package/index.html
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@Odoacre If he gets fewer stock options than in the original package, this will resolve No, since it's not the same pay package.
The stock options don't have to be worth $51B though (I believe they are worth less, at this point), the number just has to be right.
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Kinda doubt Musk would have put forward such a proposal unless he (and his team) were pretty sure it'd pass.
bought Ṁ250 YES10mo
"When something is important enough, you do it even if the odds are not in your favor."
bought Ṁ100 YES1y
What incentive do shareholders have to retroactively pay for something a court has already let them off not paying? It's basically a huge donation at that point...
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What is Manifold?
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Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
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