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Elon Musk’s $56 Billion Pay Package Proposal Is Passing With “Big Margins”

NewsTech

Published:

Elon Musk Tesla

As the climax of a nail-biting drama, replete with a full-fledged, well-oiled PR campaign conducted by Tesla in concert with Elon Musk, Tesla shareholders have, in all likelihood, approved the proposed $56 billion pay package for the company's CEO. In doing so, the shareholders appear to have taken into account the possibility of Musk's disassociation from the world's premier manufacturer of electric vehicles in the absence of his desired incentive plan. To wit, as part of Tesla's annual general meeting (AGM), the shareholders were required to vote on two crucial proposals: to approve the company's reincorporation in Texas and ratify […]

Read full article at https://wccftech.com/elon-musks-56-billion-pay-package-proposal-is-passing-with-big-margins/

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