The real value of the vote is that it solidifies his control over Tesla now, during a chaotic period when the company has lost about 60 percent of its value and Musk tries to transform it from an electric-vehicle maker into some kind of AI-powered robotaxi service.
Shareholders overcame concerns about a possible $25 billion tax bill and steeply declining sales to signal that they are still on Team Elon.
The vote doesn't just hand Musk money and Tesla shares; it secures his dominance over the company.
Early results of the shareholder vote showed strong support for Musk's pay package, highlighting the trust and confidence shareholders have in him.
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