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Al Jazeera
Al Jazeera
Technology

‘I love you guys!’: Elon Musk lands $44.9bn pay deal after Tesla vote

Tesla CEO Elon Musk has won shareholders' approval of all-stock compensation deal worth some $45bn [Kirsty Wigglesworth/Pool via Reuters]

Elon Musk has won back his $44.9bn pay package at electric carmaker Tesla after shareholders voted to restore the compensation deal in a ringing endorsement of his leadership.

The vote at Tesla’s annual meeting on Thursday came after a judge in the US state of Delaware threw out the deal after finding that the company’s board was too close to Musk and had not protected shareholders’ interests.

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