Musk says he has Tesla shareholder support for controversial $56B pay package
Tesla shareholders are voting to approve a $56 billion US pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, the CEO said on social media on Wednesday, adding that passage was by wide margins.
![Musk says he has Tesla shareholder support for controversial $56B pay package](https://i.cbc.ca/1.7233542.1718271996!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/tesla-musk-pay.jpg)
![FILE - Tesla CEO Elon Musk leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, March 13, 2024. If Tesla shareholders vote against restoring Elon Musk's $44.9 billion pay package that was tossed out by a Delaware judge, the CEO could deliver on threats to take artificial intelligence research to another firm, or even leave Tesla. (AP Photo/Ebrahim Noroozi, File) A dark-haired man with some facial hair wearing a tshirt is shown in closeup.](https://i.cbc.ca/1.7233542.1718271996!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/tesla-musk-pay.jpg)
Tesla shareholders are voting to approve a $56 billion US pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, the CEO said on social media on Wednesday, adding that passage was by wide margins.