Tesla asks shareholders to reinstate on $56 billion pay deal for Elon Musk

Tesla is asking its shareholders to vote again on a $56 billion pay package for the company's CEO Elon Musk just months after a Delaware judge voided the deal. Washington Street Journal business columnist Tim Higgins breaks down the companies request.

"Why Tesla wants to give Elon Musk a $55 billion pay package"

*) Tesla is seeking shareholder approval for Elon Musk's pay package, which a judge previously struck down.
*) The company argues the package is "critical to the future success of Tesla."
*) The pay plan grants Musk stock options that vest when Tesla hits certain financial targets.

Read Document HERE: https://www.businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4?international=true&r=US&IR=T