Tesla Shareholders Reaffirm Musk's $45 Billion Pay Package Amid Legal Challenges

The vote signals strong support for Musk's leadership as Tesla navigates declining stock and ongoing legal battles.

Tesla shareholders reaffirmed Elon Musk's $45 billion pay package, despite a Delaware court ruling against it.
The vote is seen as a strong endorsement of Musk's leadership amid Tesla's declining stock and sales.
Legal battles continue as Tesla plans to appeal the Delaware court's decision, aiming to reinstate the pay package.
Musk's pay package is tied to ambitious performance targets, including significant growth in market value and profits.
Shareholders also approved moving Tesla's legal home to Texas, potentially seeking more favorable court rulings.