Shareholders approve Musk's huge pay after, Tesla is said to be giving stock rewards to high-performing employees

Zhitong
2024.06.18 07:28
portai
I'm PortAI, I can summarize articles.

Tesla CEO Musk announced that high-performing employees will be provided with stock compensation, a move approved by shareholders. Despite a decline in sales and stock price fluctuations, investors have full confidence in Musk's leadership. Tesla also plans to relocate its headquarters from Delaware to Texas. The company recently announced a layoff plan, but Musk stated that outstanding employees will be rewarded with stock options. Tesla's stock price has dropped by 25%, and sales are expected to slow down. Tesla shareholders are confident in the company's future development