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Showing posts with the label Tesla shareholders lawsuit

Tesla Grants Elon Musk $29 Billion Massive Pay Deal—Now Shareholders May Sue - Fedlan News

Tesla Grants Elon Musk $29 Billion Massive Pay Deal—Now Shareholders May Sue - Fedlan News : Tesla Grants Elon Musk $29 Billion—Now Shareholders May Sue amid rising backlash and renewed concerns over corporate governance. This new $29 billion stock award feels to many like a desperate attempt to hold onto the myth of Musk. But myths don’t keep factories running. They don’t inspire customer loyalty when better, cheaper EVs hit the market. And they certainly don’t protect a company from economic or political fallout. Right now, Tesla is facing all three. The consequences are already showing. Tesla’s brand favorability in the U.S. has dropped significantly. Young, environmentally conscious consumers who once idolized Musk are turning to brands like BMW and Mercedes, disillusioned by his politics and antics. In countries like Brazil and South Africa, Musk’s businesses are hitting roadblocks and public resistance. And with Trump threatening to revisit Musk’s immigration status and federal c...