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by lern_too_spel 493 days ago
A majority shareholder vote decided to authorize an otherwise unnecessary payment to Musk, presumably to keep him as CEO. After that, a proposal to fire Musk would surely fail.
1 comments

"otherwise unnecessary payment" is really an understatement.

The payment is literally the last 3 years of profit [1].

[1]: pg 38 -- https://ir.tesla.com/_flysystem/s3/sec/000162828025003063/ts...