Tesla asks shareholders reinstate Elon Musk's pay, move to Texas

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Tesla is asking its shareholders to reinstate CEO Elon Musk's salary package and to move nan company's incorporation from Delaware to Texas, months aft a judge rejected nan main executive's $56 cardinal compensation.

Elon Musk gives a reside successful Shanghai

Tesla Inc CEO Elon Musk speaks astatine an opening ceremonial for Tesla China-made Model Y programme successful Shanghai, China, connected January 7, 2020.  (REUTERS/Aly Song/File Photo / Reuters Photos)

Tesla shareholders voted to o.k. Musk's salary package successful 2018, but a Delaware judge voided it successful January, siding pinch investors that sued to situation nan compensation package, which is nan largest ever for a U.S. executive.

This is simply a processing communicative and will beryllium updated.

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Source foxbusiness.com
foxbusiness.com