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'In America, A Deal Should Be A Deal:' Tesla Says Elon Musk's Leadership 'More Important Than Ever' In Yet Another Investor Push To Approve CEO's Pay Plan

Benzinga ·  May 22 03:42

Tesla, Inc.(NASDAQ:TSLA) is making yet another strong push to get shareholder approval for CEOElon Musk's controversial 2018 compensation package ahead of the annual meeting next month.

What Happened: The EV giant, in an SEC filing, said it had updated its dedicated website to rally shareholders with a letter urging them to vote in favor of proposals three and four — concerning re-domesticating Tesla in Texas and addressing Musk's pay plan, respectively.

The letter, signed by ChairRobyn Denholm, emphasized Musk's role in driving growth and creating significant shareholder value. It also highlighted Tesla's transformation...

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