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Musk's Friends and Fans Applaud Shareholder Vote on His Payday

·1 min


Tesla Shareholders Approve $45 Billion Pay Package for CEO Elon Musk #

Tesla shareholders have approved a pay package worth over $45 billion for CEO Elon Musk. The announcement was made at the company’s annual meeting in Austin, Texas. Prior to the official announcement, Musk shared the news on X, his social media platform. Shareholders’ approval of the package was met with praise from Musk’s supporters on the platform. Some Tesla investors have raised concerns about Musk’s involvement with X, stating that it has diverted his attention away from the company. Critics of the pay package made their voices heard, but many of the shareholders who were initially critical of it remained silent after the decision.