Tesla shareholders have backed a record-breaking pay package for boss Elon Musk and approved a plan to move the firm’s legal headquarters to Texas.
The package was blocked earlier this year by a judge in Delaware over concerns it was unfair to shareholders.
The vote is a victory for the multi-billionaire, who had campaigned fiercely for the payout, which is worth up to $56bn (£43.9bn).
Its exact amount depends on the Tesla share price.
"Hot damn, I love you guys," he told a crowd of enthusiastic shareholders who had gathered in Texas for the firm’s annual meeting.
But the vote is not binding and legal experts have said it is not clear if the court that blocked the deal will accept the re-vote and allow the company to restore the pay package.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#ElonMusk #Tesla #BBCNews
EUGENE (USA) (ITALPRESS) – Cade il record italiano di salto in lungo per merito di una straordinaria Larissa Iapichino. Nella…
LONDRA (INGHILTERRA) (ITALPRESS) – Matteo Berrettini si ferma nei sedicesimi di finale di Wimbledon, terzo Slam stagionale in corso sull’erba…
LONDRA (INGHILTERRA) (ITALPRESS) – Lorenzo Sonego non riesce a diventare il quarto italiano della storia a raggiungere almeno tre volte…
HOUSTON (STATI UNITI) (ITALPRESS) – Il Marocco batte 3-0 il Canada a Houston grazie alla doppietta di Ounahi e alla…
TIANJIN (CINA) (XINHUA/ITALPRESS) – Laura Maria Cinquini, una dottoranda italiana, è recentemente tornata a Tianjin, municipalità della Cina settentrionale, per…