Official minutes or announcements from Tesla's annual meeting

Florida Pension Board Supports $56 Billion Pay Package for Tesla CEO Elon Musk $TSLA

Jun 12, 2024, 01:27 PM

The Florida Pension Board has voted to support a $56 billion pay package for Tesla CEO Elon Musk. The decision comes ahead of Tesla's upcoming annual meeting. The board stated that the pay plan demonstrates high potential for the company's future growth and aligns with shareholder interests. The approval of this significant compensation package underscores Musk's pivotal role in Tesla's operations and strategic direction. The news was reported by Reuters and involves the ticker symbol $TSLA.