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Elon Musk · United StatesTesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday. The proposed compensation plan for Musk, already the world’s wealthiest individual, consists of 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade. It would also give Musk increased voting power over the EV maker and aspiring robotics titan, which he has publicly demanded since early 2024.See the Story
Tesla Proposes $1 Trillion Compensation Plan for Elon Musk, Tied to Ambitious Targets
47% Left coverage: 43 sources
Technology · MexicoMexican fintech company Klar has agreed to acquire Bineo, a digital bank owned by Grupo Financiero Banorte. Financial terms of the transaction were not disclosed. The acquisition, facilitated through Klar’s subsidiary Clearscope Holdings, signifies its progression towards securing a banking licence. Banorte’s decision to divest from Bineo comes less than two years after the digital bank’s inception. During the second quarter of this year,…See the Story
Klar Moves to Acquire Bineo Digital Bank From Banorte
50% Right coverage: 4 sources
