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    Tesla shareholders approve pay plan for Elon Musk worth up to $55 billion over 10 years

    by Russ Mitchell, Los Angeles Times Mar 21, 2018 2 minutes

    SAN FRANCISCO - Tesla Inc. shareholders have approved a mammoth 10-year pay package for Chief Executive Elon Musk.

    A Tesla representative said Wednesday the plan passed by a "large" margin. A securities filing with further details is expected to be posted on Tesla's website later in the day.

    Although nominally valued at $2.6 billion, the package could generate $55 billion or more

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