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Tesla Shareholders Vote on $1 Trillion Pay Plan for Musk

10/15/2025

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Summary

Story summary

Tesla shareholders will vote on a $1 trillion, 10-year plan tying Elon Musk's pay to milestones.
The plan follows a Delaware court ruling that Elon Musk's previous $56 billion package was unfair due to board conflicts.
The ruling underscored the need for board independence as Tesla moves its legal headquarters to Texas.
Critics call the package unjust enrichment, while supporters say it aligns with long-term growth.

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Story summary

Tesla shareholders will vote on a $1 trillion, 10-year plan tying Elon Musk's pay to milestones.
The plan follows a Delaware court ruling that Elon Musk's previous $56 billion package was unfair due to board conflicts.
The ruling underscored the need for board independence as Tesla moves its legal headquarters to Texas.
Critics call the package unjust enrichment, while supporters say it aligns with long-term growth.