Previous close | 0.0400 |
Open | 0.0300 |
Bid | 0.0100 |
Ask | 0.0300 |
Strike | 125.00 |
Expiry date | 2024-06-07 |
Day's range | 0.0300 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | 1.31k |
Donald Trump’s conviction on falsifying business records led to an immediate reaction from his stable of friendly billionaires.
Shareholder Michael Perry, in the lawsuit filed in Delaware Chancery Court, said that Tesla's share price plummeted after the company's fourth-quarter numbers were made public on Jan. 2, 2023, and claimed that Musk "improperly benefited" by about $3 billion in insider profits. "Musk exploited his position at Tesla, and he breached his fiduciary duties to Tesla," the lawsuit said, asking the court to direct Musk to return the profits made from the trades.
Tesla and its Chief Executive Elon Musk each fired their own salvos at institutional investors apparently reluctant to give the nod to a disputed $58 billion compensation package for the head of the electric-vehicle giant. Musk himself said one key Tesla stock investor had "no honor." Tesla wrote a detailed letter to shareholders on Wednesday, responding to a report by proxy advisory firm Glass Lewis on Musk's 2018 pay package, which remains under dispute six years after it was originally agreed on.