At Tesla’s shareholder meeting, attendees booed New York State Comptroller Thomas DiNapoli’s bid to repeal a new bylaw requiring investors to own at least 3 percent of the company—around $44 billion—to file derivative suits, a rule the board says deters frivolous cases. Shareholders backed Elon Musk’s latest pay plan and a move of Tesla’s legal home to Texas, even as a Delaware judge previously voided a $50 billion package that Tesla is appealing. Reuters has reported Musk could receive 200 million shares under the plan. Despite weakening sales, Tesla’s stock is up more than 10 percent this year.

Prepared by Christopher Adams and reviewed by editorial team.