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Elon Musk wins Tesla pay vote, stocks under pressure: Yahoo Finance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 9 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Elon Musk News

Tesla,Major Indices,Shareholders

Tesla (TSLA) CEO Elon Musk has billions of reasons to celebrate this morning after shareholders approved his historic pay package. The nearly $50 billion...

) CEO Elon Musk has billions of reasons to celebrate this morning after shareholders approved his historic pay package. The nearly $50 billion package received over 70% support in the vote. Shareholders also approved the company's re-incorporation to the state of Texas, leaving Deleware. On Wall Street, stocks are under pressure as uncertainty in several areas of the world appears to be weighing on the major indices.

With monetary policy at the Bank of Canada and U.S. Federal Reserve diverging, experts say it could set the Canadian dollar up for volatility down the road.

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