In a video posted on Musk-owned X, the 52-year-old billionaire was seen celebrating after the announcement of the pay package.
Vote Results
According to preliminary vote results announced by corporate secretary Brandon Ehrhart at Tesla’s annual meeting in Austin, Texas on Thursday, investors backed a plan of up to $56 billion for Musk. This proposal was passed despite opposition from some large institutional investors and proxy firms.
Tesla’s Shareholders Overturned Elon Musk Package Order
Earlier this year, a judge had nullified the package, but the latest vote by Tesla’s shareholders overturned that decision.
Elon Musk Dance After Vote Results
In a video posted on Musk-owned X, the 52-year-old billionaire was seen celebrating after the announcement of the pay package.