Elon Musk wins Tesla shareholder approval for $56 billion pay package, touts his ability to 'deliver'
SUMMARY
Tesla shareholders have overwhelmingly endorsed Elon Musk's monumental $56 billion pay package, reflecting robust confidence in his visionary leadership. Despite objections from some institutional investors and legal hurdles in Delaware, Musk's steadfast commitment to Tesla's success resonates strongly. At the shareholder meeting in Austin, Texas, Musk's infectious optimism and track record of delivering on ambitious goals garnered resounding support. The approval not only affirms Musk's pivotal role but also underscores shareholders' belief in his ability to navigate challenges and drive Tesla's future innovations.
