Tesla is pulling out all the stops to get Elon Musk his $56 billion pay package after it suffered a setback earlier this year when a Delaware judge denied the payout. The company is engaging in various tactics to ensure the approval, as Musk's influence on Tesla is considered crucial.
The battle involves convincing shareholders, especially retail investors who own 42 percent of Tesla's stock, to support Musk's massive payout. Failure to secure this compensation might have significant implications, including Musk's potential departure and pursuing AI technology elsewhere.
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