DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Musk's Payday: Tesla's Texas-Sized Power Play
Musk's Payday: Tesla's Texas-Sized Power Play

Musk's Payday: Tesla's Texas-Sized Power Play

Update: 2025-09-05
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Elon Musk's $56 Billion Payday: Is Tesla's Move to Texas a Power Grab? After a Delaware court nixed Musk's massive compensation, Tesla fled to Texas, where corporate laws are much looser. Now, his pay package is back, bigger than ever, and he gets to vote his own shares to approve it. But is this fair to the average investor? Find out how Texas's new rules could silence small shareholders and what New York is doing to fight back. The future of corporate power is on the line at Tesla's upcoming shareholder meeting.

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Musk's Payday: Tesla's Texas-Sized Power Play

Musk's Payday: Tesla's Texas-Sized Power Play