Delaware
Tesla wants shareholders to reinstate $56 billion pay package for Musk rejected by Delaware judge
AUSTIN, Texas (AP) — Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware to Texas.
In a filing with federal regulators early Wednesday, the company said it would ask shareholders to vote on both issues during its annual meeting on June 13.
In January, Chancellor Kathaleen St. Jude McCormick ruled that Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth about $55.8 billion over 10 years starting in 2018.
Five years ago, a Tesla shareholder lawsuit alleged that the pay package should be voided because it was dictated by Musk and was the product of sham negotiations with directors who were not independent of him.
Musk said a month after the judge’s ruling that he would try to move Tesla’s corporate listing to Texas, where he has already moved company headquarters.
Almost immediately after the judge’s ruling, Musk did exactly that with Neuralink, his privately held brain implant company, moving its corporate home from Delaware to Nevada.
In a letter to shareholders this week, Chairperson Robyn Denholm said that Musk has delivered on the growth it was looking for at the automaker, with Tesla meeting all of the stock value and operational targets in a 2018 CEO pay package that was approved by shareholders.
“Because the Delaware Court second-guessed your decision, Elon has not been paid for any of his work for Tesla for the past six years that has helped to generate significant growth and stockholder value,” Denholm wrote. “That strikes us — and the many stockholders from whom we already have heard — as fundamentally unfair, and inconsistent with the will of the stockholders who voted for it.”
Tesla posted record deliveries of more than 1.8 million electric vehicles worldwide in 2023, according to a regulatory filing. But the value its shares has eroded quickly this year as sales of electric vehicles soften.
Future growth is in doubt and it may be a challenge to get shareholders to back a fat pay package in an environment where competition has increased worldwide and demand for electric vehicle sales is fading. Shareholders also will be asked to cast a nonbinding advisory vote on future executive compensation.
Tesla’s shares have lost more than one third of their value this year as massive price cuts have failed to draw more buyers. The company said it delivered 386,810 vehicles from January through March, nearly 9% fewer than it sold in the same period last year.
At the time of the Delaware court ruling, Musk’s package was worth more than $55.8 billion, but the court may have cost the mercurial CEO over $10 billion due to the company’s stock slide this year. The filing said Musk’s 2018 compensation was worth $44.9 billion at the close of trading on April 12.
Since last year, Tesla has cut prices as much as $20,000 on some models. The price cuts caused used electric vehicle values to drop and clipped Tesla’s profit margins.
This week, Tesla said it was letting about 10% of its workers go, about 14,000 people.
In the filing, Tesla’s board wrote that the decision to seek shareholder approval of Musk’s 2018 pay package was made by the board after it received a report from a special committee of one board member, Kathleen Wilson-Thompson.
The board wrote that if there is any significant vote against future executive pay packages, “we will consider our stockholders’ concerns, and the compensation committee will evaluate whether any actions are necessary to address those concerns.”
Shares of Tesla Inc., which slid another 8% this week, were down slightly in trading just after Wednesday’s opening bell.
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This story has been corrected to explain that shareholder voting on future executive compensation is advisory only.
Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
PHILADELPHIA – Snow stacked up quickly across the Philadelphia region Sunday, with new reports showing nearly 9 inches in some suburbs and several inches on the ground in much of the city.
December Snow in Willow Grove, PA (Photo: Tyler Thrasher/FOX)
The latest Public Information Statement from the National Weather Service office in Mount Holly, issued at 10:36 a.m. Sunday, shows significantly higher snowfall totals than the early-morning reports. Many communities that were sitting at 1 to 3 inches before sunrise are now in the 5 to 8 inch range, especially north and west of Philadelphia.
5,500+ PECO homes, businesses without power Sunday as winter storm impacts region
In the city, an observation from Center City lists 3.6 inches of snow, while neighborhoods in the Northeast like Fox Chase, Bustleton and Somerton are reporting between 4 and 5 inches. An official reading at Philadelphia International Airport shows 1.3 inches, underscoring the sharp gradient from the airport to the rest of the city.
The heaviest bands have focused on parts of Chester, Montgomery, Bucks, Lehigh, Carbon and Northampton counties, where multiple towns are now reporting 7 to 8 inches. South Jersey and northern Delaware have also seen a solid plowable snow, with widespread 4 to 7 inch totals in some communities.
These totals are based on reports collected through about 10:30 a.m. Sunday and may continue to rise where snow is still falling.
Snow totals in the Philadelphia area
Philadelphia
- Fox Chase: 5.0″
- Bustleton: 4.9″
- Rockledge (city border): 4.9″
- Somerton (1 SW): 4.3″
- Center City/Philadelphia (observer): 3.6″
- Philadelphia International Airport: 1.3″
December Snow in Willow Grove, PA (Photo: Tyler Thrasher/FOX)
Southeastern Pennsylvania
Chester County
- East Nantmeal Twp: 8.8″
- East Nottingham Twp: 8.5″
- Malvern: 8.0″
- Berwyn: 8.0″
- Exton area: 7.9″
- Atglen / West Sadsbury Twp: 7.8″
- West Caln Twp: 7.5″
- West Chester (2.4 SSE): 6.5″
Montgomery County
- Blue Bell (2.3 NW): 8.7″
- Near Worcester Twp: 8.5″
- Skippack area: 8.0″
- Harleysville / Salford Twp: 7.5″
- Pennsburg area: 7.0″
- New Hanover Twp: 7.0″
- Pottstown area (including Stowe and NE Pottstown): 6.6″–7.3″
- Norristown: 7.2″
- Willow Grove / Jenkintown corridor: 6.0″–6.4″
Bucks County
- Doylestown (3.4 SW): 8.0″
- Hilltown Twp: 7.8″
- Tinicum Twp area: 7.5″
- Perkasie / Souderton / Trumbauersville: around 7.0″
- Fricks: 7.0″
- Newtown / Langhorne area: around 6.0″
- Levittown: 5.0″
- Croydon: 5.2″
Delaware County
- Bethel Twp: 6.5″
- Springfield: 6.0″
- Upper Chichester: 5.5″
- Aston: 4.8″
- Morton: 4.9″
- Lansdowne: 4.0″
Berks, Lehigh, Carbon and Northampton counties
- East Nantmeal / Alburtis / Earl Twp / Lake Harmony / Lehigh Twp (Carbon): around 7.0″–8.0″
- Coopersburg (Lehigh): 8.0″
- Center Valley: 7.0″
- Macungie (1 NW): 6.5″
- Allentown: 5.6″
- Bethlehem area: around 6.0″
- Pen Argyl: 7.0″
New Jersey
Burlington County
- Moorestown: 7.0″
- Mount Laurel / Burlington: 5.8″
- Medford Lakes: 4.8″
- Mount Holly (NWS office): 3.6″
Camden and Gloucester counties
- Haddon Township: 5.7″
- Pennsauken: 5.7″
- Pitman: 5.6″
- Washington Twp (Gloucester): 5.5″
- Monroe Twp (Gloucester): around 4.0″
- Winslow Twp: 3.1″
Atlantic, Salem and Cumberland counties
- Hammonton: 4.0″
- Woodstown: 4.5″
- Salem: 3.8″
- Pennsville: 3.5″
- Ventnor City: 2.5″
- Atlantic City International Airport: 0.6″
Delaware
New Castle County
- Bear: 6.8″
- Hockessin: 6.0″
- Wilmington (north): 5.4″
- Newark area: 3.9″–4.6″
- Middletown area: 3.8″
- New Castle County Airport: 3.3″
Kent County
- Smyrna / Clayton / Cheswold area: around 2.0″
- Magnolia area: 1.4″
Winter Light Spectacular at Lehigh Valley Zoo canceled Sunday due to snow, cold temperatures
By the numbers:
- Highest total so far: 8.8″ in East Nantmeal Township (Chester County)
- Other standout totals: 8.7″ in Blue Bell (Montgomery County), 8.5″ in East Nottingham Township (Chester County), 8.0″ in Doylestown area, Coopersburg and parts of Carbon County
- City of Philadelphia: generally 3″–5″ away from the airport, with around 3.6″ in Center City and up to 5.0″ in Fox Chase
- Many suburbs: now in the 5″–8″ range, especially north and west of the city
What’s next:
Snow continues to impact travel across the region Sunday, with many neighborhood and secondary roads still snow-covered or slushy. Drivers should plan for reduced visibility, slick spots, and extended travel times, especially in areas that picked up more than 5 inches of snow.
The Source: This article is based on observed snowfall totals from the National Weather Service Mount Holly Public Information Statement.
How to safely shovel snow
The Mayo Clinic has some tips for safely shoveling snow.
Gas the snowblowers and get those shovels out because snowfall is headed for Delaware.
Snow is forecast for this weekend with bitterly cold conditions then settling in through early next week.
On Saturday, Dec. 13, the National Weather Service in Mount Holly, New Jersey, placed all of Delaware under a winter weather advisory and the Delaware Bay under a gale warning.
Meanwhile, Philadelphia and areas surrounding the city are under a winter storm warning.
Here’s a look at what to expect with the Delaware weather forecast for Saturday, Dec. 13, through Sunday, Dec. 14.
Delaware weather radar
When will it snow?
A period of snow is expected the night of Dec. 13 through mid-morning Dec. 14, according to the National Weather Service.
This may start as some light rain or a rain/snow mix south and east of I-95 before quickly changing to all snow. Snowfall intensity may increase for a time early in the morning on Dec. 14.
About 1 to 5 inches of snow across the region is possible. While the location of where a zone of higher amounts can occur is less certain, the greatest chances for this is mostly across the I-95 corridor, the weather service said.
The snow will begin falling around 11 p.m. in Wilmington while snowfall will begin in the central portion of New Castle County by midnight and the southern part of the county by 1 a.m., according to the NWS.
The northern part of Kent County can expect snow to start falling around 2 a.m. and areas around Dover by 3 a.m.
Snow will begin in the southern part of Kent County and northern portion of Sussex County around 4 a.m.
Most of Sussex County can expect snow at 5 a.m. while the southern part of the county will see snowfall by 6 a.m. Areas around Rehoboth Beach can expect snow by 7 a.m.
How much will it snow?
That will depend where you are in Delaware.
A total of 1 to 5 inches of snow across the whole area. There could be a zone of 5-plus inches near I-95 into southern New Jersey and northern Delmarva, where snowfall rates near 1 inch per hour are also possible, according to the NWS.
Snowfall intensity may increase for a time early Sunday morning, forecasters said.
Most parts of New Castle County can expect up to 4 to 6 inches, while Kent County could see up to 1 to 2 inches in some areas. Sussex County should expect at least an inch, the NWS said.
Delaware snow forecast
Here’s an AccuWeather town-by-town snow forecast for this weekend in Delaware:
New Castle County
- Middletown: 3 to 6 inches
- New Castle: 4 to 6 inches
- Newark: 4 to 6 inches
- Pike Creek: 4 to 6 inches
- Wilmington: 3 to 6 inches
Kent County
- Dover: 2 to 4 inches
- Felton: 2 to 4 inches
- Harrington: 2 to 4 inches
- Milford (In Kent and Sussex counties): 2 to 4 inches
Sussex County
- Georgetown: 1 to 3 inches
- Millsboro: 1 to 3 inches
- Rehoboth Beach: 1 to 3 inches
- Seaford: 1 to 3 inches
Snow impacts
Here are some of the likely impacts of the weekend weather, according to the NWS:
- Snow-covered roads and slippery conditions possible the night of Dec. 13 and the morning of Dec. 14.
- Rain to snow could reduce the snow totals some. In addition, any pre-treating of surfaces would get initially washed away on the night of Dec. 13.
- Hypothermia or frostbite could occur with prolonged exposure and lack of proper clothing. Some impacts to infrastructure are possible the night of Dec. 14 through Dec. 16.
Windchills reach single digits, gale warning
When you’re outside shoveling, make sure to bundle up because it’s going to be bitterly cold Dec. 14 into Dec. 16.
Bitterly cold conditions will arrive Dec. 14 and continuing through early next week with the coldest time frame the night of Dec. 14 through the night of Dec. 15. Air temperatures on Dec. 16 stay below freezing across the region.
By Sunday night, the windchill will make it feel like 6 degrees in Wilmington, 4 degrees in Dover, and 5 degrees in Rehoboth Beach.
Many areas will not get above freezing from Sunday through Tuesday until a warming trend begins Wednesday, Dec. 17.
Peak gusts of 25 to 40 mph will be present Sunday into Sunday night which will result in very low windchill values.
Areas of blowing snow are possible, which may result in roads becoming snow-covered again and reduced visibility at times, according to the NWS.
Wind gusts between 35 to 40 knots are probable on the Delaware Bay and the New Jersey and Delaware Atlantic coastal waters along with hazardous seas. Areas of freezing spray are possible the night of Dec. 14 and Dec. 15.
How do I stay safe in the snow?
It is strongly recommended that you stay at home when it snows.
But if you absolutely need to drive, make sure you bear in mind the following safety tips:
- Drive slowly. Snow and ice can decrease traction on the road, so be sure to reduce your speed.
- Avoid using cruise control.
- Increase following distances from the usual two seconds to roughly five to six seconds, as it’ll take longer for you to come to a stop on snowy roadways.
- Make sure you have at least a half a tank of gas in your car.
- Make sure you have an emergency driving kit in your vehicle. Items should include blankets or sleeping bags, extra warm clothing, first-aid supplies, drinking water and shelf-stable food items like protein or energy bars and trail mix.
If there’s a chance you’ll have to shovel your driveway or walkway this weekend, make sure you pay attention to the latest weather forecast, wear appropriate clothing and boots, and drink lots of water.
Make sure you also pace yourself as you’re shoveling. Check if you feel any pain or soreness and have your phone close by in case of an emergency.
What should I do to keep warm?
With winter fast approaching, residents are recommended to take the necessary steps to stay safe as the weather turns cold.
This includes making sure your homes “can be safely heated” and you always have crucial items on hand in case of an emergency, including nonperishable and pet foods, water and medicine.
Delawareans are also encouraged to have a driving kit in their car this winter.
Items should include blankets or sleeping bags, extra warm clothing, first-aid supplies, drinking water and shelf-stable food items like protein or energy bars and trail mix.
Olivia Montes contributed to this story.
Delaware
Search Warrants in Dover Lead to Arrests for Drug and Gun Offenses – Delaware State Police – State of Delaware
The Delaware State Police have arrested 39-year-old Neal Barnes, 52-year-old Anthony James, and 51-year-old Kevin Walker, all from Dover, Delaware, for felony drug and gun charges following three search warrants in Dover.
On December 11, 2025, members of the Kent County Drug Unit executed search warrants at three residences on the 60, 70, and 100 blocks of Vanessa Drive in Dover. The search warrants were obtained following an investigation of Neal Barnes, Anthony James, and Kevin Walker for the distribution of illegal narcotics from their residences. During the search warrants, all three suspects were detained inside their respective homes without incident, and a child was present in Walker’s residence.
During a search of Barnes’ residence, detectives found the following items:
- Approximately 2.76 grams of cocaine
- Approximately 99.76 grams of crack cocaine
- 9mm handgun and ammunition
- .38 caliber handgun and ammunition
- Digital scales
- Drug paraphernalia
During a search of James’ residence, detectives found the following items:
- Approximately 19.88 grams of crack cocaine
- Approximately 52.59 grams of cocaine
- Drug paraphernalia
- $2,472 in suspected drug proceeds
During a search of Walker’s residence, detectives found the following items:
- Approximately .69 grams of heroin
- Approximately .35 grams of methamphetamine
- Approximately 11.77 grams of crack cocaine
- Approximately 31 ecstasy pills
- Approximately 14 acetaminophen and oxycodone hydrochloride pills
- Approximately 21 buprenorphine and naloxone sublingual films
Barnes was arrested and taken to Troop 3, where he was charged with the crimes listed below, arraigned by Justice of the Peace Court 2, and committed to Sussex Correctional Institution on a $57,000 cash bond.
- Possession with Intent to Distribute a Controlled Substance, Tier 3 (Felony)
- Possession of a Controlled Substance, Tier 3 (Felony)
- Possession with Intent to Deliver a Controlled Substance (Felony)
- Possession of a Firearm/Destructive Weapon if Previously Convicted of a Violent Felony (Felony) – 3 counts
- Possession of a Controlled or Counterfeit Substance except Human Growth Hormone without a Prescription
- Possession of Drug Paraphernalia
James was arrested and taken to Troop 3, where he was charged with the crimes listed below, arraigned by Justice of the Peace Court 2, and committed to Sussex Correctional Institution on a $146,000 cash bond.
- Possession with Intent to Distribute a Controlled Substance, Tier 3 (Felony)
- Possession of a Controlled Substance, Tier 3 (Felony)
- Possession with Intent to Distribute a Controlled Substance, Tier 2 (Felony)
- Possession of a Controlled Substance, Tier 2 (Felony)
- Possession of Drug Paraphernalia
Walker was arrested and taken to Troop 3, where he was charged with the crimes listed below, arraigned by Justice of the Peace Court 2, and committed to Sussex Correctional Institution on a $39,500 secured bond.
- Possession with Intent to Distribute a Controlled Substance, Tier 2 (Felony) – 2 counts
- Possession of a Controlled Substance, Tier 2 (Felony) – 2 counts
- Possession with Intent to Distribute a Controlled Substance (Felony) – 2 counts
- Possession of a Controlled or Counterfeit Substance except Human Growth Hormone without a Prescription – 5 counts
- Endangering the Welfare of a Child by Committing a Drug Offense with a Child in the Dwelling
Disclaimer: Any individual charged in this release is presumed innocent until proven guilty in a court of law.
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