Here's your summary from Elon Musk Says Pay Package, Texas Move Have Shareholder Backing (https://www.youtube.com/watch?v=XQrlhwkXd6E) on the Bloomberg Television channel:
**TLDR:** Elon Musk's $56 billion pay package has shareholder backing, easing concerns about his focus on Tesla.
1. Musk's pay package of $56 billion has received shareholder approval, alleviating worries about his commitment to Tesla.
2. Musk's proactive approach in sharing updates on social media ahead of the annual meeting is seen as unconventional and raises questions about the board's oversight.
3. Investors are relieved that Musk's compensation approval will allow him to continue leading Tesla without distractions from his other ventures.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro