Tesla Faces Crucial Vote on Elon Musk's $56 Billion Compensation Package
Shareholders to decide on Musk's pay amid legal battles, governance concerns, and active lobbying efforts
- Tesla shareholders to vote on Musk's $56 billion pay package on June 13th.
- A Delaware judge previously voided the package due to flaws in the approval process.
- Musk is actively lobbying for support, offering factory tours and using social media.
- Proxy firms recommend voting against the package, citing its excessive size and dilution concerns.
- New lawsuits and governance issues continue to challenge Tesla's leadership.