Published: November 7, 2025 at 9:25 am
Elon Musk has won approval from Tesla shareholders for a potential $1 trillion pay package.
Musk, who has a vision of transforming the electric vehicle firm into an AI and robotics giant, won more than 75% support for the largest corporate pay package in history.
He must achieve several goals to claim the 12% in stock, equivalent to $1tn.
Investors to oppose the plan include Norway’s sovereign wealth fund and proxy firms Glass Lewis and Institutional Shareholder Services.