Elon Musk's US$878bil Tesla pay plan wins shareholder approval | TheStarTV.com

Elon Musk's US$878bil Tesla pay plan wins shareholder approval

Published on 7 Nov 2025 9:00:00 PM

Tesla CEO Elon Musk won shareholder approval on Nov 6 for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.

The proposal was approved with over 75% support. Musk, already the world's richest person, could get as much as US$1tril in stock over the next decade, although required payments would take the value down to US$878bil.

The board warned Musk could leave if he didn't get the pay package.

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Keywords
news, thestartv, the star, elon musk, pay check, salary, shares, ceo, tesla, electric vehicle maker, usa, america, agm, decision, austin, texas

Tesla CEO Elon Musk won shareholder approval on Nov 6 for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.

The proposal was approved with over 75% support. Musk, already the world's richest person, could get as much as US$1tril in stock over the next decade, although required payments would take the value down to US$878bil.

The board warned Musk could leave if he didn't get the pay package.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, elon musk, pay check, salary, shares, ceo, tesla, electric vehicle maker, usa, america, agm, decision, austin, texas

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