Tesla shareholders to vote on pay package that could make Musk a trillionaire

Tesla Shareholders to Vote on Elon Musk's Pay Package

Tesla shareholders will soon decide if Elon Musk could become the world’s first trillionaire through a new compensation plan. Despite controversy over his political involvement driving some buyers away and impacting sales, Tesla’s stock has surged.

Annual Meeting and Proxy Vote

At Tesla’s annual meeting in Austin, Texas, shareholders will vote on whether to grant Musk, Tesla’s CEO and the richest person globally, a stock package with the potential to make him history’s first trillionaire.

Debate Over the Compensation Plan

Critics, including several pension funds, oppose the package, arguing the board is overly loyal to Musk, his recent conduct is reckless, and the pay is excessive.
Supporters view Musk as a visionary essential for leading Tesla’s future, which includes fleets of self-driving cars and humanoid robots working in factories and homes.

"The pay is necessary to incentivize him and keep him focused."

Impact of the Vote

The vote has stirred significant debate even beyond financial circles, with the pope citing it as an example of income inequality.

Future Vision Described by Supporters

Supporters imagine a future with hundreds of thousands of autonomous Tesla vehicles transporting people and humanoid robots managing tasks like moving boxes and watering plants.

Summary: Tesla's upcoming shareholder vote on Elon Musk's massive pay package highlights tensions between visionary leadership and concerns over executive compensation and corporate governance.

PBS — 2025-11-05

Tesla Shareholders to Vote on Elon Musk's Pay Package

Annual Meeting and Proxy Vote

Debate Over the Compensation Plan

Impact of the Vote

Future Vision Described by Supporters

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