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Elon Musk's friends and fans applaud shareholder vote on his payday

Economic TimesEconomic Times · 3m
Elon Musk's friends and fans applaud shareholder vote on his payday

Tesla shareholders have confirmed a pay award of over $45 billion for CEO Elon Musk. Musk took to his social media platform X to announce the news ahead of the official announcement at the company's annual meeting. The pay package has been a topic of controversy, with some investors concerned that Musk's involvement in X has distracted him from Tesla. However, Musk's supporters on the platform celebrated the approval, highlighting the overwhelming support from retail investors and the importance of their backing for both Musk and Tesla's future. Critics of Musk did express their dissent, but overall, many shareholders who were critical leading up to the vote remained silent after the decision.

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Havish Gupta
Havish GuptaFiguring Out....

A big win

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0
3 months ago

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