- Tesla on Monday defended a proposal to ratify CEO Elon Musk's $56 billion pay package and said a new compensation would be costlier, days after a top proxy advisory firm recommended shareholders to vote against the proposal.
The company said in its Monday filing that shareholder recommendation by ISS is based on a "technical misunderstanding" and that the advisory firm recognized the company's strong performance under Musk. "A deal should be a deal. He delivered on his end of the bargain. It's time for us to deliver on ours."
As the baby boomer generation enters retirement, a growing number of them face unexpected financial challenges that threaten their retirement security. Try This: Retired But Want To Work? Try These 10... -- GameStop Corp. shares surged after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million position in the video-game retailer.
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