Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
Publishing timestamp: 2024-06-14 08:37:52
Summary
Tesla shareholders vote to ratify CEO Elon Musk's 2018 pay package, after a Delaware judge rescinded it in January. Musk's compensation package was approved by 77% of shareholders, despite previous criticism. The annual meeting also included votes on moving Tesla's incorporation to Texas and updates on the company's future plans, including autonomous technology and the Cybertruck. Musk remains optimistic about Tesla's future growth and development.
Sentiment: MIXED
Tickers: TSLA,
Keywords: autos, tesla inc, technology, business news, breaking news: technology, venture capital, elon musk,
Source: https://www.cnbc.com/2024/06/13/tesla-shareholder-elon-musk-pay-package-at-annual-meeting.html