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Tesla shareholders approve Elon Musk's $1 trillion pay package

Mint Chennai

|

November 08, 2025

Tesla shareholders approved a record-setting pay package for Chief Executive Elon Musk, a plan designed to motivate the world’s richest man with as much as $1 trillion in additional stock.

- Becky Peterson

Tesla shareholders approve Elon Musk's $1 trillion pay package

Challenging milestones include selling a million robots and maintaining an adjusted Ebitda of $400 billion.

(REUTERS)

Flanked by dancing humanoid robots on a stage bathed in pink and blue light at the electric vehicle maker's Austin, Texas, headquarters, Musk thanked the crowd of shareholders who supported the pay package with more than 75% of the votes cast.

“What we're about to embark upon is not merely a new chapter of the future of Tesla but a whole new book,” Musk said. “I guess what I'm saying is hang onto your Tesla stock,” he added later.

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