financetom
Business
financetom
/
Business
/
Factbox-Tesla shareholder meeting: How investors are voting on Musk's $56 billion pay package
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Factbox-Tesla shareholder meeting: How investors are voting on Musk's $56 billion pay package
Jun 12, 2024 11:01 PM

(Reuters) -Investors will vote on Tesla CEO Elon Musk's $56 billion compensation package and the company's reincorporation in Texas, from Delaware, at a shareholder meeting on Thursday.

Analysts have flagged risk of the billionaire potentially leaving the electric-vehicle maker and prioritizing artificial-intelligence startup xAI and social media platform X if the pay package does not pass.

Musk said late on Wednesday that shareholders were voting by wide margins to approve the pay package.

Here are some institutional investors who have disclosed their vote:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved