Tesla stock set to drop as Elon Musk’s $56 billion pay package unlikely to get approved, analyst says

Elon Musk has asked shareholders to approve a $56 billion compensation package. Chelsea Jia Feng/Bi; Grzegorz Wajda/SOPA/Getty Images Elon Musk’s $56 billion pay package likely won’t be approved by Tesla shareholders, according to Bernstein analyst Toni Sacconaghi.