Tesla shareholders voted to reapprove Elon Musk's multibillion-dollar pay package, signaling support for the EV maker's longtime leader and giving the board ammunition in its fight to preserve the court-rejected compensation plan.

Tesla shareholders voted to reapprove Elon Musk’s multibillion-dollar pay package, signaling support for the EV maker’s longtime leader and giving the board ammunition in its fight to preserve the court-rejected compensation plan.