At Tesla's annual shareholder meeting on Thursday, more than 75 per cent of shareholders voted in favour of Musk's stock-based compensation plan, excluding the 15 per cent stake he already owns. The room erupted in cheers and chants as the results were announced.
After his 2018 tweet, investors sued Elon Musk, Tesla, and the company board, arguing that the CEO of Twitter's statement regarding the embryonic plan to take the electric car company private had devastating financial consequences for them.