Years
The electric vehicle manufacturer told the stock market on Monday that Musk would first have to pay US $ 23.34 per share for a conditional shares to Tesla.
American company Tesla has given 9.6 million conditional shares of US $ 29 billion to Chief Executive Officer (CEO) Alan Musk. The Delaware court in the US ordered the company to cancel Musk's huge pay package. Just six months after this, it was decided to give the said share.
The electric vehicle manufacturer told the stock market on Monday that Musk would first have to pay US $ 23.34 per share for a conditional shares to Tesla.
Judge Cathleen McCormic said in his judgment that Musk's salary is unjust with shareholders. He had said that Musk and Tesla Board could not prove that this package was appropriate. The court dismissed his plea even after Musk's re -appeal.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.
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