Tesla’s scare tactics worked to win shareholder approval of Elon Musk’s pay, but problems remain

Tesla’s scare tactics worked to win shareholder approval of Elon Musk’s pay, but problems remain



Many Tesla Inc. shareholders bought into the veiled scare tactics about keeping Chief Executive Elon Musk motivated at the electric-vehicle maker, as they ratified his massive, $46 billion stock plan Thursday. But events at the annual meeting did nothing to remove the many issues hanging over the company.

Musk himself confirmed whom he is not going anywhere in a Q&A session, when asked if he plans to take his children to Disneyland with his billions. “It is Tesla stock I have to own for five years, it is not exactly cash,” Musk that he can’t cut and run, nor would I want to.