US EditionTesla shareholders approve Elon Musk’s $1 trillion pay package
- On Thursday, Tesla shareholders approved a proposed pay package that could be worth up to $1 trillion, with over 75% voting in favor at the Tesla annual meeting, held on Thursday.
- Robyn Denholm, Tesla chairwoman, and the Tesla board argued the package keeps Musk focused and rewards results, while Musk threatened to leave and framed it as control over Tesla, not riches.
- To unlock the award, Tesla must reach $8.5 trillion market capitalization and meet 12 milestones including 20 million vehicle deliveries, 10 million Full Self-Driving subscriptions, and 1 million Optimus robots delivered.
- The outcome dilutes other holders and gives Elon Musk 208 million shares with no strings attached, continuing rules that limit shareholder oversight and locking Tesla into Musk as CEO.
- Critics note Musk could net hundreds of billions with modest progress, Glass Lewis calculated a $942 billion payout, while Musk's robot and robotaxi projects remain unproven commercially.
322 Articles
322 Articles
Tesla Shareholders Approve Elon Musk’s Record $1 Trillion Pay Package
Tesla shareholders have approved Elon Musk’s record-setting compensation package, a plan that could ultimately be worth up to $1 trillion in stock if Tesla achieves a series of aggressive targets over roughly the next decade. The vote took place at Tesla’s annual meeting in Austin on Thursday, November 6, 2025, and passed with support reported at “over 75%.” The award is structured entirely in equity and pays out only if performance conditions a…
Tesla shareholders approve Musk's trillion-dollar compensation plan
Tesla Share Price Dips 3.54% as Shareholders Approve Elon Musk’s Record USD 1 Trillion Pay Package | 🌎 LatestLY
Tesla Inc (NASDAQ: TSLA) shares fell 3.54% to USD 445.91 on Thursday, even as shareholders overwhelmingly approved CEO Elon Musk’s massive pay package, valued at up to USD 1 trillion. The compensation plan, designed to secure Musk’s leadership as Tesla pushes deeper into AI and robotics, won over 75% support at the company’s annual meeting. 🌎 Tesla Share Price Dips 3.54% as Shareholders Approve Elon Musk’s Record USD 1 Trillion Pay Package.
The shareholders of the US car manufacturer Tesla have cleared the way for a stock package worth one trillion dollars for company head Musk.
Tesla gives Elon Musk path to become world’s first trillionaire
Elon Musk’s new pay package from Tesla puts him on track to possibly become the world’s first trillionaire. Shareholders approved the new deal, announced in September, during an annual company meeting. World’s first trillionaire Voters holding more than 75% of the company’s shares voted to approve the deal. That excludes the percentage of the company Musk already owns. He doesn’t take a salary as Tesla's CEO, but the new pay package is a giant s…
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