Skip to main content

Elon Musk claims he is set for victory in $56 billion Tesla pay vote

·1 min


Elon Musk’s $56 Billion Pay Package and Tesla’s Incorporation Move to Texas Set for Approval #

Elon Musk announced that Tesla shareholders are expected to approve his controversial $56 billion pay package and the relocation of Tesla’s incorporation to Texas. The pay package, initially approved in 2018, has ambitious targets for Tesla’s financial performance and market value. There are critics who argue that the compensation is excessive and believe that Musk is too preoccupied with his other ventures. However, supporters claim that Musk is crucial to Tesla’s future success. Shareholders have been voting on these resolutions, with a positive outcome anticipated.