Tesla Shareholders Reaffirm Musk's $56 Billion Pay Package

Despite ongoing legal challenges, Tesla investors show strong support for Elon Musk's leadership and compensation plan.

Shareholders approved Musk's compensation package, initially valued at $56 billion, amid opposition from some institutional investors.
The package faces continued legal scrutiny in Delaware, with a court ruling expected to take months.
Investors also approved relocating Tesla's legal home to Texas and re-electing board members Kimbal Musk and James Murdoch.
Musk highlighted Tesla's recent achievements, including record Cybertruck shipments and plans for Semi truck production.
Concerns persist about Musk's focus as he manages multiple companies, impacting Tesla's stock performance.