DETROIT — Tesla shareholders are charting the future of the electric vehicle company Thursday as they wrap up voting whether or not to restore CEO Elon Musk s massive pay package
Tesla shareholders are set to decide on an all-stock compensation package for CEO Elon Musk, which was previously dismissed by a Delaware judge. Approving this package would likely ensure Musk's continued leadership at Tesla, where he has driven the company to the forefront of electric vehicles and is now focusing on AI and robotics, including
The approval of the largest CEO package in U.S. corporate history underscores the sport Musk has from the company's shareholders and passed despite opposition from some large institutional investors and proxy advisory firms. The vast majority of large American companies are in Delaware and they're in Delaware because Delaware is generally viewed as a favorable jurisdiction for companies.