Tesla Inc (NASDAQ:TSLA) shares are trading lower ahead of the company’s annual shareholder meeting this week, which includes a proposal regarding CEO Elon Musk’s 2018 pay package.
What To Know: Tesla shareholders have until Thursday to vote on a 2018 pay package — currently worth around $46 billion — that would award Musk stock options worth billions for driving significant growth at Tesla over the last five years.
Votes have been coming in for weeks, but according to a Wall Street Journal report citing people familiar with the matter, the decision is expected to come down to the wire as investors are split on the decision.
The report indicates that ...