Tesla says Musk should be paid $1tn - will shareholders agree?

BBC NewsWednesday, November 5, 2025 at 12:46:50 AM
Tesla says Musk should be paid $1tn - will shareholders agree?

Tesla says Musk should be paid $1tn - will shareholders agree?

Tesla is currently advocating for an unprecedented $1 trillion pay package for its CEO, Elon Musk, which is set to be voted on at the company's upcoming annual general meeting on Thursday. The proposal, as reported by BBC News, highlights the company's active support for this compensation plan. However, the final decision rests with the shareholders, whose approval is not guaranteed and remains uncertain at this time. This vote will be a significant event, as it will determine whether Musk receives this historic remuneration package. The outcome is pending, and the shareholder response will be closely watched given the scale of the proposed pay. This development continues to draw attention within the markets sector, reflecting ongoing discussions about executive compensation at Tesla.

— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Tesla board to shareholders: Pay Musk or else
NegativeFinancial Markets
Tesla's board has issued a stark warning to shareholders regarding CEO Elon Musk's compensation, suggesting that failure to approve his pay could have serious repercussions for the company. This situation highlights the ongoing tensions between corporate governance and executive compensation, raising questions about the balance of power within the company and the expectations of shareholders. As Tesla continues to navigate its growth and challenges, how this decision unfolds could significantly impact its future.
Tesla’s German car sales more than halve in October as wider EV sales jump
NegativeFinancial Markets
Tesla's car sales in Germany plummeted by more than half in October, a significant decline that contrasts sharply with the overall surge in electric vehicle sales in the country. This downturn raises concerns about Tesla's competitive position in the rapidly evolving automotive market, especially as other manufacturers capitalize on the growing demand for EVs. Understanding these dynamics is crucial for investors and industry watchers alike.
BYD extends lead over Tesla in the UK
PositiveFinancial Markets
BYD has significantly extended its lead over Tesla in the UK electric vehicle market, showcasing its growing dominance and innovation in the automotive sector. This shift is important as it highlights the increasing competition in the EV space, which could lead to more options and better prices for consumers, ultimately accelerating the transition to sustainable transportation.
BYD Pulls Ahead of Tesla in UK With Sales Increasing Sixfold
PositiveFinancial Markets
BYD Co. is making significant strides in the UK electric vehicle market, outpacing Tesla Inc. with a remarkable sixfold increase in sales. This shift is crucial as it highlights the growing competition in one of Europe's largest markets for plug-in cars, potentially reshaping consumer choices and industry dynamics.
Orsted Keeps Profit Guidance As It Seeks to Reassure Investors
PositiveFinancial Markets
Orsted A/S has reaffirmed its full-year profit guidance, aiming to reassure investors about its financial health following recent challenges in the US market. The company successfully raised over $9 billion from shareholders, which highlights its commitment to maintaining stability and growth in the offshore wind sector. This move is significant as it reflects Orsted's resilience and strategic planning in navigating industry hurdles.
Trump re-nominates Musk ally and private astronaut Jared Isaacman as NASA chief
PositiveFinancial Markets
In a significant move, Trump has re-nominated Jared Isaacman, a close ally of Elon Musk and a private astronaut, to lead NASA. This decision highlights Isaacman's contributions to space exploration and his vision for the future of the agency.
Tesla Is Obsessed With Musk’s Pay Package. Musk Is Obsessed With AI.
NegativeFinancial Markets
Musk's intense dedication to dominating the AI sector at xAI has raised concerns among employees, especially with the requirement to submit biometric data for creating controversial avatars. This focus on AI seems to overshadow other aspects of his leadership.
Twin Disc shareholders elect directors and approve executive compensation
PositiveFinancial Markets
Twin Disc shareholders have successfully elected new directors and approved the executive compensation package, reflecting confidence in the company's leadership and future direction.