Tesla board explores new pay deal for Elon Musk
- In May 2025, Tesla's board created a dedicated committee to reassess the compensation arrangement for CEO Elon Musk following the invalidation of his previous $56 billion pay deal.
- A special committee including Tesla’s lead director Robyn Denholm and board member Kathleen Wilson-Thompson has been established to consider alternative compensation plans should Elon Musk’s appeal be unsuccessful.
- Elon Musk holds a roughly 13% share in Tesla, and the canceled 2018 compensation plan would have raised his ownership stake to more than 20%, highlighting ongoing uncertainty regarding his future influence over the company.
- The Financial Times reported the committee might create a new stock option plan contingent on Tesla meeting operational and financial targets.
- This review signals Tesla's attempt to align leadership incentives amid strategic shifts toward AI, robotics, and global expansion of products like Robotaxi and Optimus.
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45 Articles
GOP senator swings at Elon Musk for DOGE's biggest failure
A Republican senator came out swinging for Elon Musk’s Department of Government Efficiency Sunday, complaining that it slashed workers and funds without showing compassion. Utah Sen. John Curtis told CNN’s Manu Raju that much of the work DOGE has done to cut government spending was needed. But...
Elon Musk Pulls Back—But His Federal Overhaul Machine Rolls On - Tesla (NASDAQ:TSLA)
Elon Musk’s influence within the Trump administration’s Department of Government Efficiency (DOGE) is gradually diminishing, yet the agency’s sweeping reforms continue to reshape the federal landscape. Despite Musk’s diminishing presence, DOGE has already rooted itself in multiple agencies and launched projects ranging from IT overhauls to constructing a centralized data system intended to bolster fraud detection and immigration enforcement, CNN…
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Michael Calore: This is genius. Katie Drummond: Thank you. Lauren Goode: This is the reality TV of the future. Katie Drummond: It’s incredible. Lauren Goode: It has arrived. Katie Drummond: And you know what? And I just did their job for them, because it’s marketing for their company. They got me. Michael Calore: All right, Lauren, what’s your recommendation? Lauren Goode: My recommendation might go nicely on your Amalfi Private Jet. Hear me out…
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