Tesla Investors Support Musk's $48 Billion Salary

What arrived

You're here shareholders approved A controversial payment For CEO Elon Musk, THE business announcement THURSDAY has It is annual meeting In Austin. THE 2018 compensation wrap, value about $48 billion has You're here current share price, was blocked by A Delaware court In January. Shareholders Also approved A proposal has reincorporate You're here In Texas, Since Delaware.

WHO said What

"Hot condemn, I love You guys," Musk said shareholders After THE results were announcement. Approval of THE massive pay wrap was A relief For investors WHO see Musk as A "genius WHO has revolutionized THE car industry" And feared "rejection would be fast him has spend less time manager You're here Or even to leave," THE New York Times said.

THE wrap would be give Musk 303 million actions, breeding her You're here bet has 20.5% Since 13%. It is "value A estimated 300 times What THE the best paid chief In THE WE. do last year," THE BBC said. 

What following?

THE shareholder vote East without engagement And can not persuade THE Delaware judge has revise her decision. Lawyers For You're here And shareholders WHO opposite THE payment are "expected has meet In early July with THE judge," THE Wall Street Newspaper said.

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