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Teslashareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle maker’s legal home to Texas, Musk said on social media platform X on Wednesday, adding that passage wasby wide margins.

A yes vote gives the electric carmaker more ammunition in a Delaware court, where a judge voided the 2018 pay package plan, which at the time was the largest in US corporate history, saying the board was “beholden” to CEO Musk.

It also marks a massive win for Musk and the board, who have put their credibility on the line to gain shareholder approval, despite opposition from major investors Glass Lewis and Institutional Shareholder Services (ISS).

“Thanks for your support!!” Musk said in his post on X.

The result will be announced at a meeting at Tesla’s headquarters in Texas on Thursday at 4:30 pm ET.

A person familiar with the preliminary voting tally said a combination of big institutional investors and retail investors got the “yes” result over the line.

Shareholders, however, are allowed to change their vote up to the start of the annual meeting.

Tesla shareholders also cast ballots on other proposals including the move of its legal headquarters from Delaware to Texas, as well as the re-election of two board members: Musk’s brother Kimbal Musk and James Murdoch.

Some investors viewed the vote on Musk’s pay as a test of confidence in his leadership.

While he is undoubtedly Tesla’s driving force, and is credited with much of its success, the company has recently seen slowing sales and profits.

Tesla’s stock has lost nearly 60% of its value from its peak in 2021, when Musk started selling billions of dollars’ worth of his stake partly to help finance his purchase of Twitter, sparking concerns that he would be spread too thin.

He now runs six firms, including rocket-builder SpaceX, social media giant X – formerly Twitter – and the artificial intelligence firm xA1, which Musk created in 2023.

Musk’s outspokenness and knack for creating controversy have also weighed on Tesla’s reputation and sales.

Tesla stocks ended up 3.9% on Wednesday, a day before the shareholder meeting.

Shareholders, led by major institutional investors, call such compensation far too generous for a leader who is splitting his time between six companies and is now presiding over falling sales and a strategic upheaval at Tesla.

The pay package would enable Musk to strengthen ownership “at the expense of diluting the value of those belonging to other shareholders,” Marcie Frost, CEO of the California Public Employees’ Retirement System said earlier Wednesday.

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Tesla has been drumming up support for Musk’s pay package, especially from retail investors, who make up an unusually high percentage of its ownership base but who often do not vote.

Company executives have posted messages on X, saying Musk is critical to Tesla’s success.

Tesla has run social media ads, and Musk has promised a personal tour of Tesla’s factory in Texas to some shareholders who cast votes.

The board said the world’s richest person deserves the package, because he hit all the ambitious targets on market value, revenue and profitability.

The pay package is also needed to keep Musk devoted to Tesla, the board said, even though the Delaware judge said the 2018 pay plan failed to make sure that Musk committed a substantial amount of time to Tesla.

Musk has threatened to build AI and robotics products outside Tesla, if he fails to gain enough voting control, which requires the 2018 pay package to be approved.

Donald Ball, a Tesla shareholder earlier this month filed a lawsuit challenging the upcoming shareholder vote, saying a ratification of the pay package should be void because Musk has “engaged in strong-arm, coercive tactics to obtain stockholder approval.”

The same package was previously rejected by a Delaware judge who invalidated it as an “unfathomable sum” granted by a conflicted board with close personal and financial ties to its top executive.

The board held the shareholder vote as a way to bolster its appeal of the ruling, in which the judge cited the board’s failure to fully inform shareholders before approving the pay package in 2018.

“Even if the shareholders do approve the old package, it is not clear that the Delaware court will allow that vote to be effective,” said Adam Badawi, a law professor who specializes in corporate governance at the University of California Berkeley.

Musk has to wait months or years to get his pay package restored as appeals wind their way up to Delaware’s Supreme Court.

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Plane plunges 300ft in 36 seconds to avoid another aircraft

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Plane plunges 300ft in 36 seconds to avoid another aircraft

A US passenger plane made a dramatic plunge minutes after take-off to dodge another aircraft – injuring two cabin crew and causing passengers to shoot out of their seats.

The Southwest flight had just taken off from Burbank in California when the pilot received an alert about a nearby plane.

Data from FlightAware shows the aircraft dropped by 91m (300ft) in just 36 seconds. Those on board said they felt panicked, and some feared the plane was about to crash.

Comedian Jimmy Dore posted on X: “Pilot had to dive aggressively to avoid mid-air collision … myself and plenty of people flew out of their seats and bumped heads on ceiling, a flight attendant needed medical attention.”

Stef Zambrano saw a woman who wasn’t wearing her seatbelt thrown out of her seat, who then said: “I want to get off this plane. I want to be on the ground.”

Another passenger, Steve Ulasewicz, told NBC Los Angeles that it felt like the plane was in freefall for 10 seconds.

“People were screaming. You know, it was pandemonium. People thought the plane was going down,” he added.

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The aircraft was able to continue to its destination of Las Vegas, where it safely landed without any further incident.

It is believed the Boeing 737 was in the same vicinity as a Hawker Hunter Mk. 58, a British fighter jet.

Southwest is now working with the Federal Aviation Administration “to further understand the circumstances” of the event.

Read more US news:
Trump issues warning as he arrives in Scotland
US justice department interviews Ghislaine Maxwell

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January: Footage of Washington plane crash

This is the second time in a week that a passenger plane has had to make abrupt flight manoeuvres to avoid a potential mid-air collision.

Concerns have been raised about aviation safety in the US following a series of recent incidents.

In January, a mid-air collision in Washington DC killed 67 people.

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Snipers, Secret Service sweeps and a personal chef on standby: Scotland awaits Trump’s arrival

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Snipers, Secret Service sweeps and a personal chef on standby: Scotland awaits Trump's arrival

Donald Trump likes a wall. And now he has his very own 10ft-high metal barrier creating a fortress as he tees off for a weekend of politics, play and precision in Scotland.

An almost surreal contrast now exists in the tiny Ayrshire village of Turnberry.

On one side, the stunning coastline and luxury hotel that bears the president’s name. And on the other, an armed buffer zone with sniper teams and road checkpoints.

This visit is unlike those that have gone before.

The threat level and associated security on display is unprecedented following the attempted assassination of Trump at a campaign rally in the US.

“It would be inappropriate for me to plan an operation and not bear in mind what has happened,” the senior officer in charge of this weekend’s policing efforts told me.

Green military-type truck
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Military trucks are part of a security effort that comes just a year after an attempted assassination

Fence
Black security van
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A ‘counter terror’ firm was spotted near the area, which is ringed by a 10ft fence

Turnberry, and its population of about 200 people, have this week witnessed a never-ending stream of Army trucks, terrorist sweeps, road checkpoints, airspace restrictions, sniper positions being erected and Secret Service agents roaming around.

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It is the most extensive security deployment in Scotland since the death of the late Queen in 2022.

It is estimated around 5,000 officers will be on the streets, with teams coming from across the UK to assist.

The spectacle primarily centres on Donald Trump coming to play golf before the arrival of Prime Minister Sir Keir Starmer for talks, likely on Monday.

The president, whose mother was born on the Scottish island of Lewis, is then scheduled to travel to his Aberdeenshire resort where a new golf course is set to open.

Police on buggies patrol as golfers play, near the Trump Turnberry golf course
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Police on buggies are patrolling near the course on Scotland’s east coast

Police lorry
Police security tape is placed across a clothes recycling bin near the Trump Turnberry golf course.
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Police have even taped off a clothes recycling bin near the course

‘Trump is a decent boss’

Stephanie Campbell and Leanne Maxwell live in Turnberry and used to work at the Trump-owned resort, like many other locals.

The pair told Sky News the very first lesson staff at the resort are given is not in fine service or guest etiquette, but in how to respond to a bomb threat.

It is claimed there are posters above the landline phones in the hotel with instructions on the worst-case scenario.

Stephanie Campbell and Leanne Maxwell work at the Trump course
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Stephanie Campbell and Leanne Maxwell say staff are trained in dealing with bomb threats

Stephanie told Sky News: “I had no issues working for him, he is a really decent boss.

“The last time he came there was an element of excitement, I think this time there comes with an added element of concern.

“It brings a lot higher threats and security and it’s much more difficult for everybody in the area.”

Donald Trump waves to protesters while playing golf at Turnberry golf club, in  2018
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Mr Trump at Turnberry in 2018 – he will also visit his Aberdeen course on this trip. Pic: AP

A flag flutters on the Ailsa Championship Course at the Trump Turnberry Golf Resort in Turnberry.
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File pic: Reuters

Echoing her concerns, Leanne told Sky News: “Security is obviously being bumped up. It’s quite worrying. He’s quite a man, ain’t he?”

Sweeps of the rooms are carried out by US Secret Service agents after housekeeping staff complete their duties and Trump’s meals, they say, are prepared by a personal chef to avoid the risk of poisoning.

To the outside world, these measures seem standard for a US president. But to those who live in Turnberry, it’s far from normal when they have a date with the commander-in-chief.

Marine One helicopter
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Marine One is in place awaiting the president’s arrival

A view of the hotel at the Trump Turnberry Golf Resort. File pic: Reuters
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File pic: Reuters

Awkward encounters

Prestwick Airport has become something of an American airbase in recent days.

The infamous armoured limousine, known as “The Beast”, has been spotted being wheeled out of a US military plane as the presidential motorcade prepares for his arrival tonight.

Greeting the president at the doors of Air Force One will be the secretary of state for Scotland, Ian Murray, who previously supported a motion alleging Trump was guilty of “misogynism, racism and xenophobia”.

Another awkward encounter could come in the form of Scottish First Minister John Swinney’s showdown with Mr Trump next week.

Read more from Sky News:
Trump told in May his name in Epstein files – report
Trump says US will ‘win’ AI race as plan unveiled

The SNP leader, who publicly backed Kamala Harris in the presidential race, called for September’s state visit to be scrapped after the Ukrainian president’s visit to the White House descended into a shouting match live on TV earlier this year.

Demonstrations are planned throughout the weekend, with marches and protests announced in Glasgow, Edinburgh and Aberdeen.

Kirsty Haigh, from Scotland Against Trump, claims the president uses Scotland to “cleanse his image” and he should not be able to use the country as an “escape” from his views.

She told Sky News: “He should not be welcomed by us, by our leaders.

“We want to see a Scotland that is very different than [the] America that’s being created.”

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Ghislaine Maxwell answered justice department questions ‘about 100 different people’, her lawyer says

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Ghislaine Maxwell answered justice department questions 'about 100 different people', her lawyer says

Ghislaine Maxwell answered “every single question” from the US justice department, her lawyer has said.

The imprisoned former girlfriend of convicted sex offender Jeffrey Epstein answered questions “about 100 different people” during one-and-a-half days of questioning in the federal courthouse in Tallahassee, Florida, her attorney David Oscar Markus said.

A senior administration official has confirmed to Sky News’ US partner, NBC News, that Maxwell was granted limited immunity, meaning the information could not be used against her in any future cases or proceedings.

Mr Markus said Maxwell “answered those questions honestly, truthfully, to the best of her ability” when she met with deputy attorney general Todd Blanche.

“She never invoked a privilege. She never refused to answer a question, so we’re very proud of her,” Mr Markus added.

Undated picture of Ghislaine Maxwell with Jeffrey Epstein. File pic: US Department of Justice
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Undated picture of Ghislaine Maxwell with Jeffrey Epstein. File pic: US Department of Justice

Maxwell, who was jailed in 2022 for luring young girls to massage rooms for Epstein to abuse, is currently serving a 20-year prison sentence.

Epstein, 66, was found dead in his cell at a Manhattan federal jail in August 2019 as he awaited trial on sex trafficking charges. His death was ruled a suicide.

His case has generated endless attention and conspiracy theories due to his and Maxwell’s links to famous people like royals, presidents and billionaires, including Donald Trump.

Mr Trump is facing ongoing questions about the Epstein case. He denied prior knowledge of Epstein’s crimes and claimed he cut off their relationship long ago.

Trump and Epstein at a party together in 1992
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Trump and Epstein at a party together in 1992

The deputy US attorney general, Mr Blanche, announced earlier this week that Maxwell would be interviewed because of Mr Trump’s directive to gather and release any credible evidence about others who may have committed crimes.

Maxwell’s lawyer, Mr Markus, praised Mr Blanche’s approach.

“The deputy attorney general is seeking the truth. He asked every possible question, and he was doing an amazing job,” he said.

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‘The truth will set you free’: Why is Maxwell meeting with the US government?

Maxwell’s immunity from future proceedings is “limited” because it only covers her if she tells the truth. Typically, prosecutors will consider the defendant’s cooperation in an investigation when recommending a lighter sentence as part of a plea deal.

But since Maxwell has already been convicted, it is not clear how she might benefit from the immunity.

Mr Markus said Maxwell did not receive anything in return for answering the questions, but he acknowledged that Mr Trump could pardon her. “We hope he exercises that power in the right and just way,” Mr Markus said.

Ghislaine Maxwell. Pic: US Department of Justice
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Ghislaine Maxwell. Pic: US Department of Justice

When asked whether he had thought about a pardon or clemency for Maxwell, Mr Trump claimed he had not considered it.

“I’m allowed to do it, but it’s something I have not thought about,” he told reporters outside the White House.

He later shut down another question, saying: “I don’t want to talk about that.”

Read more from Sky News:
Analysis: Trump hopes to escape Epstein controversy
Scots divided as Trump heads to Turnberry

Meanwhile, Maxwell’s family have suggested the disgraced British socialite could use “government misconduct” to challenge her imprisonment.

Her family have frequently claimed she “did not receive a fair trial”, but legal appeals against her sex trafficking convictions have been rejected by the courts.

Undated handout file photo issued by US Department of Justice of Ghislaine Maxwell with Jeffrey Epstein, which was shown to the court during the sex trafficking trial of Maxwell in the Southern District of New York. British socialite Ghislaine Maxwell has been sentenced to 20 years years in prison for luring young girls to massage rooms to be molested by Jeffrey Epstein. Issue date: Tuesday June 28, 2022.
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Ghislaine Maxwell with Jeffrey Epstein. Pic: US Department of Justice

Judges previously dismissed arguments from Maxwell’s lawyers that she “should never have been prosecuted” because of a “weird” agreement drafted more than 15 years ago.

The family argue that Maxwell should have been protected under an agreement Epstein had entered with the US Department of Justice in 2007, which agreed not to prosecute any of his co-conspirators.

During her trial in 2021, Maxwell was described as “dangerous” by prosecutors, who told jurors about how she would entice vulnerable girls to go to Epstein’s properties for him to sexually abuse.

In a statement, her family said: “Our sister Ghislaine did not receive a fair trial. Her legal team continues to fight her case in the courts and will file its reply in short order to the government’s opposition in the US Supreme Court.”

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