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Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package

  • Tesla shareholders backed Elon Musk's $56bn pay package, despite pushback from some big investors and proxy firms.
  • Some legal experts anticipate a prolonged lawsuit in a Delaware court regarding the pay package.
  • The pay package initially gained approval from shareholders in 2018.
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Hawaii Tribune-HeraldHawaii Tribune-Herald
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Tesla’s Musk wins shareholder approval for $56 billion pay package, touts his ability to ‘deliver’ - Hawaii Tribune-Herald

Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an incentive to keep his focus on his biggest source of wealth.

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New Hampshire Union Leader broke the news in New Hampshire, United States on Thursday, June 13, 2024.
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