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Tesla shareholders approve Elon Musk’s $1 trillion pay package
Mint Bangalore
|November 08, 2025
opposed by several proxy advisers and institutional investors including the California Public Employees’ Retirement System, various New York City retirement systems, and Norges Bank Investment Management, which is the sixth largest institutional shareholder with a .2% stake.
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Challenging milestones include selling a million robots and maintaining an adjusted Ebitda of $400 billion.
(REUTERS)
Institutional Shareholder Services, one of the proxy advisers that urged passive funds to vote down the compensation package, said it had concerns about the magnitude and design of the “astronomical” stock award.
Charles Schwab , which has a Tesla stake of about 0.6%, said Tuesday it would vote in favor of the package. “We firmly believe that supporting this proposal aligns both management and shareholder interests,” it said in a statement.
Cette histoire est tirée de l'édition November 08, 2025 de Mint Bangalore.
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