Musk Says ‘I Love You Guys’ as Tesla Investors Back Compensation Package, Texas Move

Tesla investors voted for CEO Elon Musk’s compensation package and moving the company’s state of incorporation to Texas at its annual meeting Thursday in Austin. The pay vote is only advisory and doesn’t guarantee Musk will get his money.

Tesla General Counsel Brandon Ehrhart announced the results before welcoming Musk to the stage. As the crowd chanted for him, Musk said, “Hot damn, I love you guys,” adding that the electric carmaker has the “most awesome shareholder base.”

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