SAN FRANCISCO, June 14 (Reuters) – Tesla (TSLA.O), opens new tab will use Thursday’s strong support for Elon Musk’s $56 billion pay package to try to win over a Delaware judge that invalidated his 2018 agreement, the company’s board president said Friday.
The long process to reaffirm the largest-ever corporate pay package ended Thursday, when nearly three-quarters of shareholders – excluding Musk and his brother – voted in favor of the deal, overcoming opposition from a number of institutional investors and proxy advisory firms.
Source: REUTER