Tesla (TSLA) shareholders are set to vote on a $56 billion pay package for CEO Elon Musk. A number of investors who have large stakes in Tesla have been speaking out about how they are voting. In the video above, Yahoo Finance's Pras Subramanian reports on what some of the major shareholders are saying. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
For Tesla, boardroom drama will be on full display on Thursday, when the EV maker will announce the results from shareholder votes on a number of key issues — most importantly, the status of CEO Elon Musk’s compensation. While Wall Street expects Musk to secure his pay package, it won't come without a battle.
"And visitors will have to check their Apple devices at the door, where they will be stored in a Faraday cage," he said on the social media platform. Earlier in the day, Apple announced a slew of AI features across its apps and operating platforms and a partnership with OpenAI to bring the ChatGPT technology to its devices. Apple said it had built AI with privacy "at the core" and it would use a combination of on-device processing and cloud computing to power those features.