Tesla shareholders vote to approve huge $48 billion payout to Elon Musk - HeadLight Journal

Lastly, the outcomes of the vote on Elon Musk’s compensation as CEO of Tesla have been accredited by shareholders. Making this the biggest cost association but. Within the historical past of US firms First firstly of the 12 months The compensation worth for Musk is 56,000 million USD (about 2,054,000 million baht), however whether it is measured in keeping with the present worth of Tesla shares, will probably be decreased to 48,000 million USD ( roughly 1,761,000 million baht).

After saying the outcomes on the firm’s annual shareholder assembly, Elon Musk appeared on stage. together with saying “Earlier than saying the rest. Let me begin by saying, ‘Rattling, I really like you.'” As a result of there’s nonetheless a course of to file the case to hunt permission from the court docket first. As a result of there was an issue earlier than, a court docket in Delaware didn’t approve the compensation to Musk within the quantity of 56 billion USD.

That led to an open vote on the decision. Pay compensation to Elon Musk this time. He additionally emphasised that Musk didn’t use any manipulative strategies or strain to get Tesla’s board of administrators and shareholders to vote in his favor. It’s anticipated that this time the court docket will enable Musk to additionally enable Tesla to maneuver the corporate from Delaware to Texas.