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Dubai News Club > Tech > Tesla shareholders approve Elon Musk’s $1 trillion pay package
Tech

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

Press Room
Last updated: 2025/11/06
Press Room
Published: November 6, 2025
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Tesla shareholders voted Thursday to approve Elon Musk’s staggering new pay package, in a move aimed at retaining the controversial CEO’s leadership during a time of great upheaval for the automaker. Over 75 percent of shares voted in favor of the proposal.

The vote gives Musk enormous sway over his electric vehicle company, as well as awards him with the largest corporate payout in history. The final tally is expected to be disclosed in a Securities and Exchange Commission filing in a…

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