Tesla calls for shareholder re-vote on Musk’s $56 billion payout
Summary
In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas, from Delaware. The electric-car maker will hold its annual meeting on June 13.
Tesla Inc. will have shareholders vote again on its compensation package for Elon Musk after a Delaware court voided the $56 billion award arranged for the chief executive officer in 2018.
In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas, from Delaware. The electric-car maker will hold its annual meeting on June 13.
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