June 12 (Reuters) - Tesla shareholder
resolutions on Chief Executive Elon Musk's pay package and a
move to shift its legal headquarters to Texas are currently
passing by wide margins, Musk said in a post on social media
platform X on Wednesday.
Shareholders of electric-car maker Tesla are voting on a
proposal to ratify CEO Musk's 2018 incentive package, valued at
up to $56 billion at the time. The result will be announced at a
meeting on June 13.
A person familiar with the preliminary tally, said Musk was
correct on both counts.
Tesla shareholders will also vote on other proposals
including the move of Tesla's legal headquarters from Delaware
to Texas, as well as the re-election of two board members:
Musk's brother Kimbal Musk, and James Murdoch.
Musk referred to the resolutions on his pay package and the
move to Texas in his tweet, thanking shareholders for their
support.