Tesla investors lend a hand file-breaking Musk pay deal | BBC News

Tesla investors lend a hand file-breaking Musk pay deal | BBC News

Tesla shareholders have faith backed a file-breaking pay kit for boss Elon Musk and accepted a opinion to pass the company’s correct headquarters to Texas.

The kit became blocked earlier this year by a resolve in Delaware over considerations it became unfair to shareholders.

The vote is a victory for the multi-billionaire, who had campaigned fiercely for the payout, which is price up to $56bn (£43.9bn).

Its precise amount is depending on the Tesla allotment mark.

“Hot damn, I take care of you guys,” he instructed a crowd of fervent shareholders who had gathered in Texas for the company’s annual assembly.

Nonetheless the vote is no longer binding and proper specialists have faith said it’s miles no longer determined if the court that blocked the deal will gain the re-vote and permit the corporate to restore the pay kit.

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