Tesla (TSLA) shares are trading higher after CEO Elon Musk said the vote on his pay package is passing by "wide margins."

Yahoo Finance's Alexis Keenan reports more on the Tesla shareholder vote and how its outcome may affect the stock.

Follow along with Yahoo Finance's coverage of Musk's pay package saga:

Musk pay package: What's incentivizing shareholder votes
Elon Musk's $46B Tesla pay package: Explained
Poll: Should Tesla shareholders once again bless CEO Elon Musk's pay package proposal?
Musk's Tesla pay package is 'excessive' and should be voted down, shareholder advocate says
Most CEOs are defeating attempts to vote down their pay. Can Tesla's Elon Musk do the same?

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This post was written by Melanie Riehl