Elon Musk's Epic 'Billion Dollar Dance' After Tesla Shareholders Greenlight $56 Billion Pay Package: WATCH Video

In a video posted on Musk-owned X, the 52-year-old billionaire was seen celebrating after the announcement of the pay package.

Elon Musk’s Epic ‘Billion Dollar Dance’ (Image Source: Times Now Digital)

Tesla shareholders have voted in favour of a significant compensation package for CEO Elon Musk this week, indicating strong support for his leadership at the electric vehicle maker.

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.

Source: https://www.timesnownews.com/business-economy/companies/elon-musks-epic-billion-dollar-dance-after-tesla-shareholders-greenlight-56-billion-pay-package-watch-video-article-111024852/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts