Earlier this year a Delaware court found a 2018 deal to give Elon Musk US$45b of Tesla stock options if he hit various KPIs was invalid as shareholders were not properly informed of its ramifications. Because of that judgement, Tesla decided to have another shareholder vote to prove to the court that shareholders are properly informed now. That voting period closed today with the shareholders overwhelmingly agreeing to give Elon the stock options, making him the best paid CEO in the world, by far. To be fair, he did hit all the KPIs and made Tesla shareholders incredibly rich (US$21/share in 2018 to a peak of over US$400 in 2021 to about US$175 now), so he probably does "deserve" the stock as much as anyone deserves US$45b. It's really just a matter of how long he can keep the hype going with Tesla to justify it's valuation (US$582b) that's currently bigger than Toyota, VW, GM and Ford combined (US$433b).
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