Tesla shareholders approve Elon Musk pay package rejected by court ...Middle East

Tesla shareholders reapproved a controversial multimillion-dollar pay package for CEO Elon Musk on Thursday. The 2018 compensation agreement, which is now reportedly worth more than $45 million, was struck down by a Delaware judge in January. While Thursday’s vote affirms shareholder support for the pay package, it does not resolve the legal challenge. Chancery Judge Kathaleen McCormick found that the package — which granted Musk a 1 percent stake in the company for each of 12 milestones that were ultimately met — was not negotiated fairly. Tesla’s board had urged shareholders to once again approve Musk’s pay package in recent weeks. “We do not agree with what the Delaware Cou

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