Business · 6 November 2025
Tesla Just Approved a $1 Trillion Pay Package—But What Musk Has to Do Next Will Blow Your Mind
Tesla shareholders have greenlit a massive compensation plan for CEO Elon Musk that could reach $1 trillion in value. More than three-quarters of voting shareholders supported the proposal during Thursday’s annual meeting in Austin. The decade-long agreement ties payouts to aggressive performance targets, including reaching an $8.5 trillion company valuation and delivering one million humanoid robots. The approved package boosts Musk’s ownership from 13% to 25%, giving him greater control over the electric vehicle maker’s future direction.
Reported by NPR · How we write briefs