Elon Musk’s $56 billion payday

World Today

One of the world’s richest men is on the verge of a major payday. Tesla shareholders have reaffirmed Tesla CEO Elon Musk’s pay package—worth up to $56 billion. The deal was first approved by shareholders in 2018 but struck down by a judge in January.

But as Toni Waterman explains from Texas – home of Tesla’s headquarters – just because shareholders gave their blessing, doesn’t mean Musk will get the money.