Tesla shareholder vote on Musk's historic pay package won't resolve 'legal disputes'
Publishing timestamp: 2024-06-13 08:32:01
Summary
Tesla shareholders will vote on whether CEO Elon Musk should receive his historic pay package, which was rescinded by a Delaware judge in January. The proposal to reinstate the pay plan is contentious, with large institutional investors opposing it. Musk's recommendation to move Tesla's site of incorporation to Texas will also be voted on. Despite challenges facing Tesla, Musk remains optimistic about the future of the company, particularly in artificial intelligence software and self-driving technology.
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