Musk’s $1 tn Tesla pay plan wins shareholder nod

Reuters

SAN FRANCISCO, Updated At : 02:16 AM Nov 08, 2025 IST

Elon Musk

Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.

The proposal was approved with over 75 per cent support. Musk, already the world's richest person, could get as much as $1 trillion in stock over the next decade, although required payments would take the value down to $878 billion.

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Musk’s $1 tn Tesla pay plan wins shareholder nod

Reuters

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