The shareholders are givers – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.

Tesla’s 2024 shareholder meeting: all the news about Elon Musk’s $50 billion payday

See all Stories

Posted
U
External Link
Umar Shakir
The shareholders are givers.

Tesla CEO Elon Musk got his big compensation package approved yesterday, but how many really voted in favor? Well, it seems 1.78 billion shares voted in favor of Musk’s payday, while 529 million voted against — a 72 percent margin, excluding shares held by Musk and his brother Kimbal, as The New York Times reports. Musk took a victory lap on the mic at the shareholder meeting in Austin, Texas.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. Sony’s PlayStation 5 is $200 off for the first time since December
  2. Anthropic’s most dangerous AI model just fell into the wrong hands
  3. You’re about to feel the AI money squeeze
  4. Microsoft brings Xbox back, scraps Microsoft Gaming
  5. Elon Musk admits that millions of Tesla vehicles won’t get unsupervised FSD

More in Tesla

Elon Musk admits that millions of Tesla vehicles won’t get unsupervised FSDElon Musk admits that millions of Tesla vehicles won’t get unsupervised FSD
Tesla’s revenue rises again as it prepares for more AI and roboticsTesla’s revenue rises again as it prepares for more AI and robotics
Tesla launches robotaxis in Dallas and Houston, and oops, it’s already unavailableTesla launches robotaxis in Dallas and Houston, and oops, it’s already unavailable
Most people still don’t want anything to do with robotaxisMost people still don’t want anything to do with robotaxis
The Netherlands is the first European country to approve Tesla’s supervised Full Self-DrivingThe Netherlands is the first European country to approve Tesla’s supervised Full Self-Driving
Tesla is un-canceling its plan to build a smaller, cheaper EV: reportTesla is un-canceling its plan to build a smaller, cheaper EV: report

Top Stories