Tesla shareholders have reaffirmed a pay award of more than $45 billion for Elon Musk, the chief executive, after it was thrown out in a legal challenge. The vote result, announced at Tesla’s annual meeting in Austin, Texas, on Thursday, is a strong sign that shareholders still believe in Mr. Musk and it could persuade…
The fight over Elon Musk’s pay package and the vote over whether to move Tesla’s headquarters to Texas have been the main focus of attention ahead of the company’s shareholders meeting on Thursday, but not for investors from Nordic countries. Tesla’s major shareholders in Sweden, Denmark and Norway are instead looking to the meeting to…
Under Elon Musk’s leadership, Tesla popularized electric vehicles and became the most valuable auto company in the world. Mr. Musk became a billionaire many times over while generating huge profits for investors. Despite these achievements, Tesla’s shareholders may decide that Mr. Musk has been paid too much. In a vote whose results will be announced…
