Tesla shareholders have reapproved CEO Elon Musk's record-breaking $56 billion pay package, despite some institutional investors expressing concerns about the decision. The approval comes as Tesla fights for legal recognition of the shareholder vote, arguing that it significantly impacts a Delaware judge's ruling voiding the pay. Additionally, Tesla shareholders have signed off on a new Texas incorporation, which aims to save on state fees. Furthermore, Tesla has initiated legal action against its former supplier, Matthews International, for allegedly stealing trade secrets related to its battery-manufacturing process. The company is seeking damages exceeding $1 billion in this lawsuit.
Fuck @elonmusk. 🤷♂️ https://t.co/RHKkpiwDwR
Elon Musk vs. The Woke Mind Virus https://t.co/0Z5nGxpAu0
LAWFARE: Biden’s regime is asking a court to bar Elon Musk from serving as Tesla’s CEO and to remove him from the board. He would be unable to take SpaceX, Starlink, Twitter, or Boring public unless he resigned from each. Democrats are livid Musk bought X. https://t.co/fMyoMmtNU1