DETROIT (AP) — Tesla shareholders voted Thursday to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker.
The favorable vote doesn’t necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the Delaware judge’s rejection.
– Reported by Associated Press
| How Much Money | How It Can Be Spent |
|---|---|
| $45 | A decent meal and a beer at a restaurant |
| $450 | Cheap air fare (USA to Europe) |
| $4,500 | Business class air fare (USA to Europe) |
| $45,000 | A brand spanking new Tesla Model 3 EV |
| $450,000 | The very exotic 2018 Lamborghini Aventador |
| $4,500,000 | “You can’t do anything with five, Greg. Five’s a nightmare. Can’t retire, not worth it to work.” - from a scene in Succession |
| $45,000,000 | The most expensive house for sale in Seattle (in 2019) |
| $450,000,000 | A very expensive superyacht just like Jeff Bezo's OR two Dreamliner 797-8 jets |
| $4,500,000,000 | Provide Medicaid (healthcare) for 1.4 million Americans for a year |
| $45,000,000,000 | The Gross Domestic Product (GDP) of Paraguay |
| Also $45,000,000,000 | Elon Musk's pay package (in 2024 dollars) |