Tesla Shareholders Approve Elon Musk $56B Pay Package, Other Company Proposals
Portfolio Pulse from Chris Katje
Tesla shareholders approved a $56 billion pay package for CEO Elon Musk and other company proposals during the annual shareholders meeting. Key highlights included the success of the Model Y, the start of Cybertruck deliveries, and advancements in AI and FSD. The re-classification of Tesla's corporate headquarters from Delaware to Texas was also approved.
June 13, 2024 | 9:19 pm
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Tesla shareholders approved a $56 billion pay package for CEO Elon Musk and other company proposals. Key highlights included the success of the Model Y, the start of Cybertruck deliveries, and advancements in AI and FSD. The re-classification of Tesla's corporate headquarters from Delaware to Texas was also approved.
The approval of Elon Musk's pay package and other company proposals indicates strong shareholder support and confidence in Tesla's leadership and future direction. The success of the Model Y, Cybertruck deliveries, and advancements in AI and FSD are positive indicators for the company's growth. The re-classification of the corporate headquarters may also streamline operations.
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