Elon Musk's Big Day: Shareholders to Decide His Future at Tesla

Elon Musk is waiting for a crucial vote today. His mother, Maye Musk, hinted at a big announcement. She shared a photo of her first Tesla, a gift from Elon. But what's the big news? It could be about Musk's pay package or something else. Musk wants more control at Tesla. He believes this is essential for advancing AI and robotics. He has expressed concerns about his current level of influence. Musk wants a stake of about 25% to maintain strong control. The vote could also impact Tesla's future projects. Shareholders will decide if Tesla should invest in Musk's AI startup, xAI. This is a big deal because it involves one of Musk's companies investing in another. Tesla has been actively campaigning for the vote. They've used ads and videos to promote their stance. Board chair Robyn Denholm has been making media appearances. Tesla's website urges shareholders to vote, emphasizing the importance of Musk's leadership. Shareholders will also decide on other matters. These include rewarding top talent and addressing uncertainties over Musk's 2018 pay package. The outcome of these votes will shape Tesla's future.