Tesla's shareholders will vote on Elon Musk's controversial $56 billion pay package and a proposal to relocate the company's incorporation from Delaware to Texas. This follows a Delaware judge's rejection of Musk's compensation plan, calling it unfair to shareholders.
The package is crucial to keeping Musk focused on Tesla amidst its declining stock value and rising competition. Supporters argue Musk's leadership is vital for Tesla's future, while critics highlight concerns about the package's size and fairness. The outcome of the vote, set for Thursday, will significantly impact Tesla's direction and Musk's involvement.
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