Reported about 1 year ago
Tesla CEO Elon Musk's $44.9 billion pay package is up for a crucial shareholder vote this week. If rejected, Musk may consider taking AI research to another company or leaving Tesla, while approval could solidify his stay at the forefront of electric vehicles and AI. Despite likely reapproval, uncertainty remains due to Musk's conditions. The vote also includes relocating Tesla's legal home to Texas to potentially avoid a Delaware court ruling that voided Musk's pay. Institutional investors are divided on the issue, with a push from Tesla and Musk to secure the package.
Source: YAHOO