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The Independent UK
The Independent UK
National
Tom Krisher

Future of Elon Musk and Tesla are on the line as shareholders vote on massive pay package

Elon Musk Kathaleen St Jude McCormick Delaware Eric Talley Dan Ives Richard Tornetta Texas Tesla Inc. the US Securities and Exchange Commission
Copyright 2024 The Associated Press. All rights reserved.

If Tesla shareholders approve an all-stock compensation package for CEO Elon Musk that was thrown out this year by a Delaware judge, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles, shifting to AI and robotics including autonomous vehicles, which Musk says is Tesla's future.

If Tesla shareholders vote against restoring Elon Musk’s $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of his other companies. Or he could even could walk away.

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