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Factbox-Tesla shareholder meeting: How investors are voting on Musk’s $56-billion pay package

Posted on June 12, 2024 by Financial Edge Daily

(Reuters) – Investors will vote on Tesla CEO Elon Musk’s $56-billion compensation package and the company’s reincorporation in Texas, from Delaware, at a consequential shareholder meeting this week.

Analysts have flagged risk of the billionaire potentially leaving the electric-vehicle maker and prioritizing artificial intelligence startup xAI and social media platform X if the pay package does not pass.

Here are some institutional investors who have disclosed their vote:

(Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta)

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