
Tesla shareholders will vote on Elon Musk’s big payday. What happens then?
Associated media - Connected media Tesla could use shareholder approval to support Musk’s pay case in court. If it wins the vote on Musk’s compensation, the company is likely to turn to Chancellor Kathaleen McCormick, the Delaware Court of Chancery judge who rejected the compensation plan, and argue that shareholders, armed with information she says don’t had had when they approved the package, they ratified the proposal again. This, according to the company, makes the issue moot. If McCormick were to declare the plan acceptable, it is likely that the plaintiffs who initially sued will appeal to the Delaware Supreme…








