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Tesla Shareholders Approve $1 Trillion Pay Package for Elon Musk

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Shareholders of Tesla, Inc. overwhelmingly approved a monumental compensation plan for Elon Musk, potentially worth $1 trillion if ambitious performance targets are met.

 

With over 75 % of votes in favour at the Austin, Texas annual meeting, Musk secured what could become the largest corporate pay package in history. 

 

The approved scheme stretches over years and hinges on a staggering list of milestones: Tesla must reach an $8.5 trillion market valuation (roughly eight times its current worth), deliver millions of self-driving vehicles and humanoid robots, deploy robot‐taxis commercially, and post quarterly earnings of $400 billion for four straight quarters. Musk must stay with the company for at least 7.5 years and assist in an executive succession plan. 

 

On stage, Musk danced alongside Tesla’s robot project “Optimus,” underscoring the company’s dual focus on electric vehicles and robotics. A handful of major investors opposed the pay plan, but the vote outcome shows confidence among the majority of shareholders in Musk’s leadership during a transformative era for Tesla in AI and automation. 

 

Key Takeaways:

 

Tesla shareholders approve a potential $1 trillion compensation package for Elon Musk tied to extraordinary growth and robotics goals.

 

The milestones include achieving an $8.5 trillion market cap, delivering millions of vehicles and robots, and sustaining massive earnings.

 

Despite investor opposition, the strong shareholder vote reflects faith in Tesla’s strategy under Musk, blending electric vehicles, AI and robotics.

 

 

Adapted From 

https://www.theguardian.com/technology/2025/nov/06/tesla-1tn-pay-package-elon-musk

I wonder if Elon was canny enough to have the milestones unadjusted for inflation. :coffee1:

The 8.5 trillion market cap is a pipe dream. 

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