{"id":251845,"date":"2024-05-29T22:52:56","date_gmt":"2024-05-29T22:52:56","guid":{"rendered":"https:\/\/news.republicofgreen.com\/tesla-reassures-judge-that-move-to-texas-wont-affect-elons-compensation-case\/"},"modified":"2024-05-29T23:12:57","modified_gmt":"2024-05-29T23:12:57","slug":"tesla-reassures-judge-that-move-to-texas-wont-affect-elons-compensation-case","status":"publish","type":"post","link":"https:\/\/news.republicofgreen.com\/tesla-reassures-judge-that-move-to-texas-wont-affect-elons-compensation-case\/","title":{"rendered":"Tesla reassures judge that move to Texas won&#8217;t affect Elon&#8217;s compensation case"},"content":{"rendered":"<div>\n<figure class=\"img-border featured-image\">\n\t<\/figure>\n<p>Tesla has successfully reassured a Delaware judge that its attempted incorporation move to Texas won\u2019t affect Elon Musk\u2019s CEO compensation case.<\/p>\n<p><span id=\"more-365359\"\/><\/p>\n<p>In a new letter, Chancellor Kathaleen McCormick, the judge who canceled Elon Musk\u2019s $55 billion compensation package after she concluded Tesla\u2019s board misled investors, said that Tesla\u2019s lawyers reassured her that the company won\u2019t use its new shareholder vote on the compensation and incorporation move to Texas to circumvent the case.<\/p>\n<p>The lawyers for the plaintiffs filed to accelerate the case, which is set for a hearing on July 8 to address the ridiculously high $6 billion legal fee they are asking for.<\/p>\n<p>They were concerned that Tesla planned to use the votes on the incorporation move to Texas and the compensation package to avoid the judge\u2019s decision in Delaware, which is basically the narrative that&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/electrek.co\/2024\/05\/29\/tesla-reassures-judge-move-texas-wont-affect-elon-compensation-case\/\"target=\"_blank\">Read the full article originally published at electrek.co.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla has successfully reassured a Delaware judge that its attempted incorporation move to Texas won\u2019t affect Elon Musk\u2019s CEO compensation case. In a new letter, Chancellor Kathaleen McCormick, the judge who canceled Elon Musk\u2019s $55 billion compensation package after she concluded Tesla\u2019s board misled investors, said that Tesla\u2019s lawyers reassured her that the company won\u2019t [&hellip;]<\/p>\n","protected":false},"author":99,"featured_media":251846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[13],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.0 (Yoast SEO v20.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tesla reassures judge that move to Texas won&#039;t affect Elon&#039;s compensation case - Republic of Green News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/electrek.co\/2024\/05\/29\/tesla-reassures-judge-move-texas-wont-affect-elon-compensation-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla reassures judge that move to Texas won&#039;t affect Elon&#039;s compensation case\" \/>\n<meta property=\"og:description\" content=\"Tesla has successfully reassured a Delaware judge that its attempted incorporation move to Texas won\u2019t affect Elon Musk\u2019s CEO compensation case. 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