Monday, May 11, 2026
HomeNEWSTesla shareholders approve Elon Musk’s record $1 trillion compensation plan

Tesla shareholders approve Elon Musk’s record $1 trillion compensation plan

The package ties Musk’s 25% ownership to ambitious financial and production targets through 2035

Tesla shareholders have approved a record-breaking $1 trillion compensation package for CEO Elon Musk, conditional on achieving bold financial and production milestones by 2035. If fully realized, Musk’s stake in Tesla would increase to 25%, up from 12% today.

Over 75% of shareholders voted in favor of the plan.

Read full article here: turnovernews.com

Read also: OpenAI Launches Its Own Web Browser, ChatGPT Atlas

Photo: Inside EVs

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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