Elon Musk Claims Tesla Shareholders Are Backing His $56B Pay Deal

Elon Musk on Wednesday claimed that Tesla shareholders are re-approving his monster pay package worth up to $56 billion that was struck down by a judge earlier this year.

In a post on X, Musk claimed the shareholder resolution for his colossal pay deal and another which would move Tesla’s legal home from Delaware to Texas were “currently passing by wide margins!” “♥️♥️ Thanks for your support!! ♥️♥️” he added.

Musk, who is estimated to be worth around $210 billion, could still face legal hurdles in making his pay package a reality even if the final result of the shareholder vote goes his way.

Read more at The Daily Beast.