Tesla Inc. shareholders' vote on Elon Musk's pay package
Tesla Inc. shareholders have the opportunity to vote against Elon Musk's self-designed pay package after a Delaware court nullified his previous $56 billion compensation package.
Key Points
- Delaware court nullified Musk's $56 billion pay package
- Shareholders can vote against Musk's self-designed pay package
Pros
- Shareholders have the opportunity to voice their concerns about Musk's compensation package
- Delaware court nullified Musk's previous $56 billion pay package
Cons
- Musk's self-designed pay package may still be approved by shareholders
- Potential backlash from Musk and the board of directors