Tesla shareholders are set to vote on CEO Elon Musk's astronomical $56 billion pay package on Thursday — and while we can only guess which way the vote will swing, some are predicting that all hell will break loose if Musk doesn't get what he desires.earlier this week. "The math is relatively straightforward. You have to get a majority of votes of shareholders that vote, and part of the challenge for Tesla is that not everyone votes.
"We’ll pay him 140-times the average worker pay," he said. "How about that deal? I think that’s more than fair. This pay package is ridiculous." "If it's not approved, there certainly could be a further appeals process, but I expect the stock to potentially react negatively," Sacconaghi toldIt's an interesting impasse for the company and plenty is on the line, including the relationship between its investors and itsunder Musk's leadership is well underway, with plummeting sales, weakening demand for EVs, and an influx of competition from abroad threatening its bottom line.