30 Oct 2025 | 5 Mins Read
Tesla shareholders overwhelmingly approve Musk's $56 billion pay package
Flipitmoney
Tesla's shareholders are set to vote on November 6 on CEO Elon Musk's $1 trn compensation package that depends on Tesla's market cap growing to $8.5 trn and achieving various operational targets. Critics, including Democratic US state leaders, have launched a campaign to reject the offer, while several companies, including Vanguard and BlackRock, have voted in favor of the package in the past.