Tesla shareholders vote

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 13 June 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

Markets mixed; Tesla shareholders likely approve Elon Musk’s pay package; SCOTUS ruling could affect unionization; GameStop shareholder meeting overloads servers.

Transcript

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0:00.0	This is the Marketplace Minute. I'm Megan McCarty Carino.
0:04.0	Markets were mixed Thursday. The Dow was down about 2 tenth percent.
0:08.0	The S&P rose a quarter percent, and the NASDAQ gained about 3 tenth percent.
0:12.0	Tesla shares saw a bump after... and the NASDAQ gained about 3 tenths percent.
0:13.2	Tesla shares saw a bump after indications that shareholders have approved CEO Elon Musk's
0:19.1	44.9 billion dollar pay package.
0:22.4	The deal had been nixed by a Delaware judge in January.
0:25.4	Shareholders also voted on a proposal to move the company's incorporation from
0:29.9	Delaware to Texas. A Supreme Court decision makes it more difficult for the federal
0:35.1	government to force companies to rehire workers who are fired during a
0:39.2	unionization drive. The ruling requires the National Labor Relations Board to meet a higher
0:44.3	standard in court when it seeks an injunction against a company while it
0:48.1	investigates a complaint. And the shareholder meeting for Meam Stock favorite Game Stop was interrupted today
0:55.3	when servers crashed to a rush of people trying to log on.
0:59.4	I'm Megan McCarty Carino with the Marketplace Minute.

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