Tesla is weeks away from a monumental shareholder vote on CEO Elon Musk’s potential $1 trillion pay package at its annual investor meeting, and the EV maker is pulling out all the stops to push the measure through. Last year, Tesla rallied thousands of mom-and-pop retail investors to vote their shares of stock in favor of Musk’s billions in pay. …
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An investor group representing several large public pension funds has sent a letter urging Tesla shareholders to vote down Tesla CEO Elon Musk’s trillion-dollar pay package, and to replace all of the board members up for re-election, detailing its concerns about Tesla’s corporate governance and risk to long-term shareholder value. Tesla’s board recently announced a proposal for an eye-wateringly large …
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Twenty-three people have been killed in a Russian air strike on a village in eastern Ukraine, according to a local official. The victims were ordinary people collecting their pensions in the Donetsk settlement of Yarova, said President Volodymr Zelensky. Donetsk regional leader Vadym Filashkin said emergency services were at the scene and as many people were wounded as killed. Yarova …
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Lucy Hooker Business reporter Getty Images People retiring in 2050 will be worse off than pensioners today, the government has warned, unless action is taken to boost retirement savings. The Department for Work and Pensions (DWP) is reviving the Pensions Commission, which first reported nearly 20 years ago, to look at how to tackle the issue. Almost half of working-age …
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