Elon Musk’s $1 Trillion Tesla Pay Gets Approved, But Key Shareholder Support Drops
Tesla shareholders approved a massive pay package for CEO Elon Musk last week. The deal could net Musk up to $1 trillion in company stock. However, support for the plan was lower than his prior 2018 pay vote. Excluding votes from insiders, about 66.9% of shares voted in favor. This is down from 73% support…