Musk says he’s winning Tesla shareholder vote on pay plan by “wide margin”

Enlarge / Elon Musk. (credit: Getty Images | Bloomberg)

Elon Musk said last night that Tesla shareholders provided enough votes to re-approve his 2018 pay package, which was previously nullified by a Delaware judge. A proposal to transfer Tesla’s state of incorporation from Delaware to Texas also has enough votes to pass, according to a post by Musk.

“Both Tesla shareholder resolutions are currently passing by wide margins!” Musk wrote. His post included charts indicating that both shareholder resolutions had more than enough yes votes to surpass the “guaranteed win” threshold.

The Wall Street Journal notes that the “results provided by Musk are preliminary, and voters can change their votes until the polls close at the meeting on Thursday.” The shareholder meeting is at 3:30 pm Central Time. An official announcement on the results is expected today.