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Elon Musk wins shareholder approval for record $56 billion pay package

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Elon Musk wins shareholder approval for record $56 billion pay package

File Photo: Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, U.S. January 27, 2023. Photo credit: Jonathan Ernst / File Photo / REUTERS. Article by REUTERS. Fast Company – June 14, 2024.

Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an incentive to keep his focus on his biggest source of wealth. The approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire. […]

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