TESLA CEO ELON MUSK COULD LEAVE IF $56 BILLION PAY PACKAGE NOT APPROVED, SHAREHOLDERS WARNED

Summary from the TLDR newsletter

Tesla shareholders will decide whether to approve a $56 billion compensation package for Elon Musk on June 13. Tesla board chair Robyn Denholm wrote a letter to shareholders, urging them to approve the package. Not approving the package may mean Musk may leave the company. While several proxy firms have recommended against approving the pay proposal, early voting suggests that the package will be approved.