Tesla’s board of directors has announced that Elon Musk could step down as CEO if investors reject his nearly one-trillion-dollar compensation package, Reuters reports.<\/p>\n
Tesla shareholders are set to vote today on whether to grant Musk up to $878 billion in company stock or risk his departure — a move that could lead to a drop in Tesla’s share price.<\/p>\n
This decision is tantamount to a referendum on whether to apply traditional corporate governance rules to the world’s richest man.<\/p>\n
Experts note that the decision amounts to a referendum on whether traditional corporate governance rules apply to the world’s richest person.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
Tesla’s board of directors has announced that Elon Musk could step down as CEO if investors reject his nearly one-trillion-dollar compensation package, Reuters reports. Tesla shareholders are set to vote today on whether to grant Musk up to $878 billion in company stock or risk his departure — a move that could lead to a […]<\/p>\n","protected":false},"author":7,"featured_media":87263,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,35,43],"tags":[],"class_list":["post-206007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-world"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/206007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=206007"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/206007\/revisions"}],"predecessor-version":[{"id":206009,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/206007\/revisions\/206009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/87263"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=206007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=206007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=206007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}