Reported 7 months ago
At a crucial annual shareholder meeting, Tesla shareholders approved CEO Elon Musk's $56 billion remuneration package for the second time after a previous invalidation. Analysts and investors believe this approval will reduce the risk of Musk leaving. Since the package was approved in 2018, Tesla's market valuation surged but later fell below the $650 billion target, annual EV deliveries increased but are expected to decline this year, and revenue and profitability milestones were met. Comparisons with other CEOs like Sundar Pichai show differences in compensation structures.
Source: YAHOO