Musk's R1.06-trillion Tesla payday up for another shareholder vote

Hanno Labuschagne

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Musk's R1.06-trillion Tesla payday up for another shareholder vote

Tesla Inc. will ask shareholders to vote again on the same $56-billion (R1.06-trillion) compensation package for chief executive officer Elon Musk that was voided by a Delaware court early this year.

In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas from Delaware. The carmaker will convene its annual meeting on June 13.

[Bloomberg]
 
They have to pay him. He can also sue for not being compensated which I think would be more damaging to Tesla than just paying. Judge is probably one of those low self esteem people that hate on Elon.
 
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