Reported 7 months ago
Tesla shareholders have approved a $56 billion compensation plan for CEO Elon Musk and also voted for Tesla's redomestication from Delaware to Texas. Despite the initial success, the battle over Musk's pay is ongoing, with forthcoming legal steps anticipated post the pivotal shareholder vote. Yahoo Finance provides expert insights into the future litigation surrounding Musk's pay package, focusing on whether the board met its fiduciary duties and the comparisons made with other CEOs' compensations.
Source: YAHOO