Tesla Stock Rallies To 2-Month High As Musk’s $50 Billion Pay Package ‘Overhang’ Fades

This post was originally published on Forbes Middle East

Shares of Tesla rallied Thursday to their highest level since late April as the automaker’s billionaire CEO Elon Musk said shareholders approved his controversial $50 billion compensation package, easing some investor concerns about the mercurial Musk leaving Tesla in the dust.