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

From Associated Press.

Tesla shareholders voted to restore CEO Elon Musk’s $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 doesn’t 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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