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Tesla shareholders vote to give CEO Elon Musk his $44.9 billion pay package, AP Explains (Video)

Tesla shareholders voted to restore CEO Elon Musks $44.9 billion pay package that was thrown out by a Delaware judge earlier this year.

Associated Press Auto Writer Tom Krisher says the favorable vote doesnt mean CEO Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court for months as Tesla appeals the rejection.

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Read more: https://apnews.com

This video may be available for archive licensing via https://newsroom.ap.org/home

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Tesla shareholders vote to give CEO Elon Musk his $44.9 billion pay package, AP Explains (Video)
Description

Tesla shareholders voted to restore CEO Elon Musks $44.9 billion pay package that was thrown out by a Delaware judge earlier this year. Associated Press Auto Writer Tom Krisher says the favorable vote doesnt mean CEO Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court for months as Tesla appeals the rejection. Subscribe: http://smarturl.it/AssociatedPress Read more: https://apnews.com This video may be available for archive licensing via https://newsroom.ap.org/home

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