Reported about 6 hours ago
Tesla shareholders have voted overwhelmingly in favor of a compensation package for CEO Elon Musk, potentially worth up to $1 trillion in company shares, with over 75% supporting the plan. Musk will earn shares based on the company meeting specific operational and market goals over the next decade, rather than receiving an immediate salary. The approval follows an extensive campaign by Tesla's management and comes as Musk seeks greater control of the company, currently owning about 15% of shares.
Source: YAHOO