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Tesla Board Backs Musk, Proposes Historic $1 Trillion Pay

9/12/2025

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Summary

Story summary

Tesla's board chair, Robyn Denholm, dismissed worries that Elon Musk's political activities would impact sales, emphasizing his personal views are separate.
Following her remarks, Tesla shares increased nearly 7%.
The board proposed a $1 trillion compensation plan for Musk, marking the largest corporate pay package ever.
Despite investor concerns, the board supports Musk's leadership and recommends shareholders oppose a political neutrality proposal.
Musk's political involvement is mentioned in the proxy filing for the new pay package, aimed at ensuring his long-term commitment to Tesla's growth.

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Story summary

Tesla's board chair, Robyn Denholm, dismissed worries that Elon Musk's political activities would impact sales, emphasizing his personal views are separate.
Following her remarks, Tesla shares increased nearly 7%.
The board proposed a $1 trillion compensation plan for Musk, marking the largest corporate pay package ever.
Despite investor concerns, the board supports Musk's leadership and recommends shareholders oppose a political neutrality proposal.
Musk's political involvement is mentioned in the proxy filing for the new pay package, aimed at ensuring his long-term commitment to Tesla's growth.