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Elon Musk says Tesla shareholders voting in favor of his $56 billion pay package

Posted on AllSides June 13th, 2024
From The Center
REUTERS/Jonathan Ernst//File Photo

Tesla (TSLA.O) shareholders were set to approve Elon Musk's $56 billion pay package in what is being seen as a thumbs-up to his leadership - and an enticement for keeping his focus on the electric-vehicle maker.

Musk posted a chart on his social media platform X late on Wednesday that showed theresolution and another vote to move the company's legal home to Texas - were set to pass by wide margins, though shareholders are allowed to change their votes up to the start of the annual meeting.

A person familiar...

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