Rolling coverage of the latest economic and financial news
Overnight, Elon Musk has pleaded with Tesla investors to ratify his upcoming $1trn pay package.
The last few minutes of Tesla’s Q3 earnings call with shareholders was devoted to the controversial proposal, which will be voted on by investors next month.
“The point is.. there needs to be enough voting control to give a strong influence. But not not so much that I can’t be fired if I go insane.”
Like I said, I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis who have no freaking clue. I mean, those guys are corporate terrorists.
Continue reading…Rolling coverage of the latest economic and financial newsOvernight, Elon Musk has pleaded with Tesla investors to ratify his upcoming $1trn pay package.The last few minutes of Tesla’s Q3 earnings call with shareholders was devoted to the controversial proposal, which will be voted on by investors next month.“The point is.. there needs to be enough voting control to give a strong influence. But not not so much that I can’t be fired if I go insane.”Like I said, I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis who have no freaking clue. I mean, those guys are corporate terrorists. Continue reading…