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

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 with the preliminary voting tally confirmed that Musk posted an accurate count of the figures. The result will be announced at the meeting at Tesla's headquarters in Texas at 4:30 p.m. EDT (2030 GMT) on Thursday.

"Thanks for your support!" Musk said.

The Tesla CEO could still face a long legal fight to convince a Delaware judge who invalidated the package in January, describing it as "unfathomable." He may also face