Tesla shareholders have approved Elon Musk’s record-breaking $1 trillion pay package, tied to ambitious performance and valuation milestones. While seen as key to retaining Musk amid Tesla’s AI and robotics pivot, critics warn of governance risks and excessive executive power concentration.
On Thursday, shareholders of Tesla, Inc. approved a compensation package for its CEO, Elon Musk. This could award him up to $1 trillion in company stock over the next decade, making it possibly the greatest executive compensation arrangement in business history. Each of the twelve tranches in the package is linked to operating as well as valuation benchmarks.
Staked Musk’s pay on long-term performance, the strategy covers objectives including delivering millions of vehicles, introducing robotaxis, and expanding Tesla’s market value
Tesla’s board contended that keeping Musk, especially given his great impact and participation in defining the future of the company in artificial intelligence and robotics, required this kind of compensation. Shareholders approved by over 75% at 2025 Annual Shareholder Meeting $29 billion stock award
Norges Bank Investment Management
Elon Musk
