Here's your morning brief for Friday, November 7th. I'm Caitlin McCabe for The Wall Street Journal.

Tesla shareholders have approved CEO Elon Musk's $1 trillion pay package. The move will grant

Musk control of over 25% of the electric vehicle maker if certain milestones are met. The measure was hotly debated with

some large shareholders taking opposing sides. Also on the docket at yesterday's meeting was a

proposal asking Tesla's board to make an investment in Musk's AI startup XAI. Shareholders gave

mixed support to the idea with confusion remaining over whether or not the board

had passed the proposal.

Musk had publicly endorsed the idea as he seeks to catch up in the AI race, adding that he

plans to transform Tesla from an EV maker into a robotics and AI juggernaut.

A federal judge has ordered the Trump

administration to fully fund SNAP benefits for November by today. Earlier this week, the White

House said it would use roughly $4.6 billion from a contingency fund to pay partial food stamp

benefits, which is a little more than half of the program's $8 billion monthly

cost. But it said it could take weeks or months for states to calculate and distribute the reduced

payments. The judge has now ordered the administration to find another funding source to make up

the gap. The administration's lawyers said they would appeal. And U.S.

transportation officials have begun reducing commercial air traffic at 40 major airports as a safety

measure due to the continuing government shutdown. The Federal Aviation Administration is

implementing a roughly 4% cut in flights beginning today at select airports,

including Atlanta and New York. Airlines are rebooking passengers with the impact likely to be

felt on regional flights. That's causing concern ahead of the busy Thanksgiving travel season.

Markets in Asia ended the day mixed with European shares lower in midday trading.

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