Tesla Shareholders Approve Musk's Trillionaire Pay Package
Update: 2025-11-07
Description
Tesla Shareholders Approve Massive Pay Package for Elon Musk, Potentially Making Him the Worlds First TrillionaireTeslas annual shareholder meeting saw a majority vote in favor of a record-breaking pay package for CEO Elon Musk, which could make him the worlds first trillionaire. The approval grants Musk up to 423.7 million Tesla shares over the next decade, potentially earning him $275 million a day. Despite concerns of Musk leaving Tesla, the vote was crucial for his continued leadership. The company faces challenges with declining sales and profits, but Musk is shifting focus to self-driving cars, robotaxis, and humanoid robots. The success of these ventures will determine if Musk fully realizes the potential of this massive pay package.
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