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Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, approved a multibillion-dollar pay package for its top executive that one proxy adviser called "staggering" in size. Under the agreement, Chief Executive Officer Jagdeep Singh could receive stock options potentially valued at as much as $2.3 billion, if the company meets various milestones, according to estimates by proxy advisory firm Glass Lewis. On a webcast of QuantumScape's annual shareholder meeting Wednesday, the package passed in a preliminary vote, and the company said a final tally would be available later. #IndianOriginCEO #JagdeepSingh #QuantumScapeCorp #ElonMusk #BusinessToday #IndiaToday Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! Follow us: Official website: https://www.indiatoday.in/ Twitter: / indiatoday Facebook: / indiatoday Telegram: https://t.me/indiatodayofficial