Should Tesla pay Elon Musk $45bn? The shareholders will decide
by Nick Robins-Early from on (#6NG54)
CEO claims he is winning investor votes by wide margins' but it is unclear if court will allow restoration of payout
Tesla shareholders will decide late on Thursday whether to award its CEO, Elon Musk, a pay package worth about $45bn in what has become a referendum on the tech mogul's leadership and a source of fierce legal contention at his electric car company.
Musk claimed on Wednesday night in a post on X, formerly Twitter, that shareholder votes on his record-breaking payout and a plan to move the electric carmaker's legal headquarters to Texas were currently passing by wide margins".
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