Elon Musk Wins $1 Trillion Tesla Pay Package

NYT — TechnologyFriday, November 7, 2025 at 12:56:08 AM
Elon Musk Wins $1 Trillion Tesla Pay Package
On November 7, 2025, Tesla shareholders made a significant decision by approving a nearly $1 trillion pay package for CEO Elon Musk, contingent upon him achieving ambitious growth targets for the company's stock market valuation. This decision came after Musk's ultimatum, where he threatened to leave Tesla if the shareholders did not endorse the plan. The approval reflects not only Musk's pivotal role in Tesla's trajectory but also the confidence shareholders have in his ability to drive the company forward. This event underscores the high stakes in corporate governance and the influence of key executives on company performance, particularly in the technology sector.
— via World Pulse Now AI Editorial System

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