What will happen to Tesla CEO Elon Musk's $56 bn pay package?
Tesla shareholders are set to vote on reinstating CEO Elon Musk's $56 billion pay package, which was invalidated by a Delaware judge for being unfair to shareholders. A "yes" vote won't automatically reinstate the package but could strengthen Tesla's legal case to overturn the ruling. If the package is rejected, Tesla may still appeal the decision and negotiate a similar pay plan with Musk. Regardless of the vote outcome, Tesla faces potential legal challenges and significant costs if a new package is required.