Musk says Tesla shareholders voting yes for his $56 bln pay package

[Nimitz]

June 13 (Reuters) - Tesla (TSLA.O), opens new tab shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, the CEO said on social media on Wednesday, adding that passage was by wide margins, opens new tab.
Shareholder approval of the largest pay deal in U.S. corporate history could allay investor concerns about Musk's future at the company, while giving the electric carmaker ammunition in its fight to reverse a court decision to void the pay package.

[who]

June 13 (Reuters) - Tesla (TSLA.O), opens new tab shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, the CEO said on social media on Wednesday, adding that passage was by wide margins, opens new tab.
Shareholder approval of the largest pay deal in U.S. corporate history could allay investor concerns about Musk's future at the company, while giving the electric carmaker ammunition in its fight to reverse a court decision to void the pay package.

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https://apnews.com/article/tesla-elon-m ... eb73e0e5e7

Tesla shareholders voted Thursday to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker.

Vote totals on Musk’s pay weren’t immediately announced, but the company said shareholders voted for Musk’s compensation plan, which initially was approved by the board and stockholders six years ago.