Elon Musk urges Tesla shareholders to vote on pay with special offer

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Elon Musk urges Tesla shareholders to vote on pay with special offer
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Tesla CEO Elon Musk is offering shareholders a chance to win a personal tour of the Austin Gigafactory if they vote on the company's ballot that includes his compensation plan.

Tesla CEO Elon Musk is encouraging Tesla shareholders to vote on their shares with the offer of a chance to win a personally guided tour of the company's Texas plant as the board asks shareholders to reinstate his $56 billion pay package. Tesla is offering shareholders the chance to win a tour of the Tesla Gigafactory in Austin, Texas, and the manufacturing lines for Cybertruck and Model Y that would be guided by Musk and Tesla Chief Designer Franz von Holzhausen.

Musk shared a post from Tesla on X, formerly Twitter, that provided information about the content and informed shareholders "Please let us know if you have any questions about voting your Tesla shares!" Musk's $56 billion compensation plan, which was by far the largest among CEOs of publicly-traded U.S. companies, was struck down by a Delaware judge in January.

Musk responded to the ruling by pushing for Tesla to change its state of incorporation from Delaware to Texas, which is another item that is being presented to shareholders for them to vote on at the annual meeting. Tesla's website has a page encouraging shareholders to vote and outlining its position on the pay package.

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