Elon Musk Wins Shareholder Battle at Tesla

Reported 7 months ago

At the Tesla annual shareholder meeting in Austin, Texas, Elon Musk secured approval for his record-breaking pay pact and a new Texas incorporation despite legal challenges. Shareholders showed support for Musk, and although specific voting percentages were not immediately disclosed, the $56 billion compensation package from 2018 that was subsequently voided was estimated at around $48 billion. Challenges to the vote could lead to further legal battles in Delaware. Musk's presence and compensation remain sources of controversy and legal scrutiny.

Source: YAHOO

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