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Elon Musk's $1 Trillion Pay Package Faces Controversial Vote

11/2/2025

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Summary

Story summary

Elon Musk's proposed $1 trillion Tesla compensation package is set for a November 6 shareholder vote in Austin, Texas.
Supporters Cathie Wood and Michael Dell cite potential value; critics CalPERS and New York State's retirement fund warn it concentrates power.
The Delaware Court previously ruled Musk's compensation excessive, ISS and Glass Lewis urge voting against it, and the outcome could affect Musk's future with Tesla.

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Story summary

Elon Musk's proposed $1 trillion Tesla compensation package is set for a November 6 shareholder vote in Austin, Texas.
Supporters Cathie Wood and Michael Dell cite potential value; critics CalPERS and New York State's retirement fund warn it concentrates power.
The Delaware Court previously ruled Musk's compensation excessive, ISS and Glass Lewis urge voting against it, and the outcome could affect Musk's future with Tesla.