Tesla shareholders approve Musk's $878 billion compensation plan
2025-11-06 22:15:13
Tesla (TSLA. O) shareholders on Thursday approved Musk's compensation package with a 75 percent majority, backing his vision to turn the electric car maker into an artificial intelligence and robotics giant. Under the new plan, Musk could earn up to $878 billion from Tesla stock over 10 years. Musk would get up to $1 trillion in stock but would have to make some payments to Tesla. Analysts said the vote was positive for Tesla's stock, as Tesla's valuation hinges on Musk's vision of developing autonomous cars, expanding robotaxis in the U.S. and selling humanoid robots, even though his far-right political rhetoric has damaged Tesla's brand this year.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
