In a crunch vote that had been expected to swing either way, Tesla’s shareholders have granted a request from their board to restore Elon Musk’s 2018 pay package, dubbed the largest in human history, over the objections of critics who said it was excessive and unreasonable.
Dispensing with the usual custom of waiting until polls were closed and ballots tabulated, Musk took to his social media platform X to declare victory for both his personal compensation estimated at around $55 billion as well as a move of the company’s legal domicile from Delaware to Texas.
