Tesla is holding its annual shareholder meeting in Austin, Texas, today, where investors will decide the fate of CEO Elon Musk’s enormous $50 billion compensation package.
The event is not just about Musk’s payday. Tesla’s board is portraying it as a pivotal moment in the company’s effort to secure Musk’s attention span, which is divided between X Corp., SpaceX, Neuralink, and his other companies. It also hinges on the question of whether Musk can steer Tesla back on track.
From the looks of things, Musk may get exactly what he wants: both the money and the reincorporation of Tesla in Texas in retaliation of a Delaware judge voiding Musk’s package are on track to pass by wide margins, Musk claimed in a post on X.
Meanwhile, Musk is…
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