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Tesla Shareholders Support Elon Musk's Record Payout and Texas HQ Move

world News

Elon Musk has announced that shareholder votes on his record-breaking compensation package and the relocation of Tesla's legal headquarters to Texas are "currently passing

by wide margins." Shareholders have been casting votes on various proposals, including one that could solidify a $56 billion (£43.8 billion) pay deal for

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initially agreed upon in 2018.The official results of the vote will be revealed at a meeting on Thursday. Tesla has yet to respond to

request for comment from BBC News. In a post on social media platform X, formerly known as Twitter, Musk expressed his gratitude to his supporters.

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P. Saharan is a Writer at The Speed Express and has been covering the latest news. He covers a wide variety of news from early and late stage.

P. Saharan
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