US EditionTesla board to shareholders: Pay Musk or else
- On November 4, 2025, Tesla shareholders are voting on a pay package for CEO Elon Musk potentially worth $1 trillion over a decade, amid more than a dozen proposals at Thursday's annual meeting.
- Tesla's board of directors introduced the plan in early September and described it in a Sept. 5 regulatory filing as an ambitious plan to retain and incentivize Mr. Musk through a highly customized, performance-based restricted stock award with twelve separate packages.
- Musk, who owns nearly 16% of Tesla's outstanding shares, would gain more voting power under the plan, and Bloomberg estimates his wealth at $477 billion.
- The split among prominent investors accompanies a board warning that Musk could depart if rejected, as Norway's sovereign wealth fund opposes citing key person risk and Baron Capital Management backs the deal.
- The plan's milestones include at least an $8.5 trillion market cap and 20 million vehicle deliveries, requiring 1 million robotaxis and 1 million Optimus robots, supporters say.
55 Articles
55 Articles
Tesla shareholders will vote on whether to make Musk the world’s first trillionaire
Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has soared anyway and now he wants the company to pay him more — a lot more. Shareholders gathering Thursday for Tesla’s annual meeting in Austin, Texas, will decide in a proxy vote whether to grant Musk, the company’s CEO and already the richest person in the world, enough stock to potentially make him history’s first…
The vote that could make Elon Musk the first trillionaire – or prompt him to leave Tesla
Tesla shareholders could soon give CEO Elon Musk, already the wealthiest person on the planet, the chance to become the world’s first trillionaire – or risk him walking away entirely.
How much is "time, talent and vision" worth the Tesla boss? Elon Musk and his board of directors think a trillion dollars for ten years is appropriate. Musk threatens: If he doesn't get what he wants, he throws it down. Shareholders vote on the most bold compensation model in economic history.
Coverage Details
Bias Distribution
- 73% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
