Tesla Shareholders to Vote on Musk's $1 Trillion Pay Package
Update: 2025-11-06
Description
Teslas CEO Elon Musks massive pay package, potentially worth nearly one trillion dollars over ten years, is up for a shareholder vote on November sixth. Despite some opposition, including from Norways sovereign wealth fund and shareholder advocate James McRitchie, the vote is expected to pass due to Musks significant ownership and Teslas board chairs support. The package includes twelve tranches of shares tied to specific milestones, such as achieving a two trillion dollar market capitalization and delivering twenty million vehicles and one million robots.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
