Investing
Florida pension board backs $56 billion pay package of Tesla CEO Musk By Reuters
![](https://personalfinancedefined.com/wp-content/uploads/2023/04/Tesla_800x533_L_1615573874.jpg)
(Reuters) – Florida’s pension board voted in support of the $56 billion pay package of Tesla (NASDAQ:) CEO Elon Musk for the company’s upcoming annual meeting, saying the plan “exhibits very high levels of pay-for-performance.”
In a post on its website on Wednesday the Florida State Board of Administration also said it voted against Tesla director Kimbal Musk, citing independence concerns, and against Tesla’s proposed re-domestication to Texas.
With 2.89 million Tesla shares the agency is Tesla’s 80th largest investor.
Read the full article here
![](https://personalfinancedefined.com/wp-content/uploads/2023/02/pf-logo.png)
-
Investing6 days ago
Mark Zuckerberg Reveals the Future Meta AI, Tech Industry
-
Personal Finance4 days ago
Today's mortgage rates rise for 15- and 30-year terms | July 2, 2024
-
Passive Income4 days ago
What’s Former ‘Jeopardy!’ Host Mayim Bialik Up to Now?
-
Side Hustles6 days ago
A Buddy’s Franchise is Built for Success in a Recession Resistant Industry
-
Investing5 days ago
Floor & Decor Holdings stock slides after Spruce Point short report By Investing.com
-
Passive Income6 days ago
Warren Buffett Changes His Will, Gates Foundation Donations
-
Side Hustles6 days ago
The Key to Preparing Your Business for an Eventual Investment or Sale
-
Side Hustles4 days ago
Improve Your Vocabulary in Just 10 Minutes a Day With This App, Now $9.99