Tesla shareholders approve Elon Musk's $56 billion pay package

June 13, 2024 10:15 AM

Tesla Inc. CEO Elon Musk said shareholders voted strongly in favor of his $56 billion pay package and a proposal to shift the automaker's legal residence to Texas from Delaware.

Featured Stories

Stacking tariffs add costs and uncertainty for auto suppliers

CarMax stock plunges 20% after removing financial targets

March-Q1 U.S. auto sales: Key takeaways as tariffs neared

Trade war casualty: Volvo to drop China-made S90 in U.S., cut incentives

Latest News

CarMax stock plunges 20% after removing financial targets

U.S. Senate version of ‘right to repair’ bill introduced

Stacking tariffs add costs and uncertainty for auto suppliers

GM to lay off 200 workers at all-EV plant as it adjusts production

Staying current is easy with newsletters delivered straight to your inbox.

See More in Executives

GM CEO Mary Barra, Hyundai Executive Chair Euisun Chung to keynote Automotive News Congress Sept. 11

From the Newsroom: Inside Hyundai’s U.S. EV factory as tariffs shake up the auto industry

Nikola founder Trevor Milton pardoned by Trump after fraud conviction

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

Staying current is easy with newsletters delivered straight to your inbox.