Tesla shareholders vote to reinstate Musk's $56B pay package

Tesla shareholders on Thursday voted to reinstate CEO Elon Musk's $56 billion pay package that was voided by a Delaware judge and change the company's state of incorporation from Delaware to Texas. The EV-maker held its annual shareholder meeting on Thursday in Austin, Texas, and announced that shareholders approved Musk's pay package, according to preliminary results announced by the company's general counsel at the meeting. Additionally, shareholders voted to reincorporate Tesla as a business domiciled in ...