Canada
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Future of Elon Musk and Tesla are on the line as shareholders vote on massive pay package [Video]

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Battery Technology News

DETROIT – If Tesla shareholders approve an all-stock compensation package for CEO Elon Musk that was thrown out this year by a Delaware judge, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles, shifting to AI and robotics including autonomous vehicles, which Musk says is Tesla’s future.

If Tesla shareholders vote against restoring Elon Musk’s $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of his other companies. Or he could even walk away.

Late Wednesday, Musk said on his social media platform X that early voting results indicated shareholders back his pay package and other company initiatives like re-incorporating Tesla in Texas by “wide margins.”

Musk has run into trouble with statements about Tesla that he’s made on X before he owned it and on Thursday, the company filed …

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