DETROIT — Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year, and to move the electric car maker’s corporate home from Delaware to Texas. In a filing with federal regulators early Wednesday, the company said it would ask shareholders to vote on both issues during its annual meeting on June 13. In January, Chancellor Kathaleen St. Jude McCormick ruled that Musk is not entitled to a landmark…
Shop Women’s Best Sellers Up to 40% Off This Month
SHOP NOW