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Snapshot 2:Thu, Jun 13, 2024 1:40:49 PM GMT last edited by Haakan

Musk says Tesla shareholders voting yes for his $56 bln pay package

Musk says Tesla shareholders voting yes for his $56 bln pay package

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The Facts

  • On Thursday, Tesla shareholders will cast their votes to approve CEO Elon Musk's $56 billion compensation package and to move the EV maker's legal headquarters to Texas. Musk expressed his gratitude in a post on X.

  • Musk stated that shareholder approval of the largest remuneration terms in US corporate history was by a large margin, providing the EV maker with strong support to contest a court decision overturning the compensation package.On Thursday, Tesla will announce the result of the shareholders vote to approve CEO Elon Musk's $56 billion compensation package and to move the EV maker's legal headquarters to Texas. Musk expressed his gratitude in a post on X on Wednesday.

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