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Forget Elon Musk's record pay package from Tesla. More could be on the way.

·1 min

Tesla shareholders have voted in favor of granting Elon Musk a massive record pay package for his six years of running Tesla. The package, consisting of 303 million stock options valued at over $47 billion, was previously rejected by a judge due to flaws in the awarding process. It is uncertain if Musk will regain the options, even with the shareholder vote. However, shareholders’ approval of moving Tesla’s state of incorporation to Texas presents the possibility of a new stock option award being granted. Musk has expressed his desire for additional stock options, stating that he wants around 25% ownership of Tesla.