The article discusses the failure of a vote on Elon Musk’s pay package at Tesla’s annual shareholder meeting. The proposed package, which could have awarded Musk stock options worth billions, failed to receive majority support from Tesla shareholders. This comes as Tesla’s stock price has plunged over 40% this year, erasing over $500 billion in market value. The vote’s failure reflects growing investor concerns over Musk’s leadership and the company’s performance. While Tesla remains a leader in electric vehicles, it faces increasing competition and supply chain challenges. The article highlights the importance of shareholder approval for executive compensation and the potential impact on Tesla’s future direction. It also raises questions about Musk’s ability to secure lucrative pay packages amid scrutiny over his leadership and the company’s struggles.