"Assessing Tesla's Pay Package: T. Rowe Price's Perspective"

Mutual fund firm T. Rowe Price stated that Elon Musk's 2018 pay package from Tesla demonstrated strong alignment with the interests of investors, providing important support after a Delaware judge voided the package in January. Tesla plans to hold a special vote at its annual shareholder meeting to re-approve Musk's 2018 pay package. T. Rowe Price, a major Tesla investor, held 22.4 million Tesla shares as of Dec 31 and suggested a new shareholder vote, stating that Musk had met the terms of the original award.