Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package with Impossible Targets

Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package with Impossible Targets

07 November, 202576 sources compared
Business

Key Points from 76 News Sources

  1. 1

    Tesla shareholders approved Elon Musk’s $1 trillion stock-based pay package contingent on ambitious targets.

  2. 2

    Musk must achieve milestones including $8.5 trillion market cap, 20 million vehicles, and 1 million robotaxis.

  3. 3

    The package could nearly double Musk’s Tesla ownership stake to about 30% over the next decade.

Full Analysis Summary

Elon Musk's Tesla Pay Plan

Tesla shareholders approved an unprecedented compensation plan for CEO Elon Musk valued at up to about $1 trillion if a slate of aggressive milestones are met.

The plan was approved by a margin of more than 75%, making it the largest executive pay package on record and potentially positioning Musk to become the first trillionaire.

The award stretches over the next decade, with stock vesting tied to performance and scale targets such as expanding Tesla’s valuation to $8.5 trillion.

It is structured in 12 tranches with sizeable share grants over time.

Several outlets detail the mechanics and scale differently: some emphasize the 423.7 million-share structure and decade-long horizon, while others stress the tranche-based vesting and step-ups in $500 billion market-cap increments starting at $2 trillion.

All agree the vote signals strong investor confidence in Musk’s leadership despite mounting scrutiny and risk factors.

Coverage Differences

contradiction

Baselines for the valuation climb differ: The Washington Post (Western Mainstream) says Tesla must rise from “$1.4 trillion to $8.5 trillion,” while France 24 (Western Mainstream) reports a baseline of “$1.5 trillion,” and Finance Magnates (Western Mainstream) frames it as going “from $2 trillion to $8.5 trillion.”

contradiction

End-state control also varies by source: Investopedia (Western Mainstream) says the package “could grant Musk up to a 25% stake,” while AP News (Western Mainstream) and Euronews (Western Mainstream) describe ownership rising to “nearly 30%.”

narrative

Plan mechanics are emphasized differently: DW (Western Mainstream) highlights the total share count over ten years, while NDTV (Asian) stresses tranche-based vesting unlocked by $500 billion market-cap steps starting at $2 trillion.

Musk's Ambitious Future Goals

The targets tethered to Musk’s award are sweeping, including delivering 20 million vehicles and operating 1 million robotaxis.

They also aim to produce 1 million humanoid robots and achieve up to $400 billion in core profit.

Additional metrics include reaching 10 million active Full Self-Driving subscriptions.

Some outlets emphasize AI-focused ambitions using dramatic language about a future “robot army.”

Others present the milestones in neutral terms without sensationalism.

There is also variation in the timeline, with some placing the horizon as far out as 2035, while others frame it within the next decade.

Coverage Differences

tone

ABC7 San Francisco (Local Western) uses vivid language, calling the robot goals a transformative “robot army,” whereas The Washington Post (Western Mainstream) and DW (Western Mainstream) list targets in neutral terms without such imagery.

missed information

NDTV (Asian) and CBT News (Other) include the 10 million Full Self‑Driving subscription goal, a detail absent from many mainstream rundowns like DW and ABC7.

contradiction

Time horizon varies: Finance Monthly (Western Mainstream) and the Australian Broadcasting Corporation (Western Mainstream) place key targets into 2035, while many others describe a 10‑year/next‑decade framework.

Tesla Shareholder Vote Details

The vote occurred amid complex governance and legal maneuvering.

After a Delaware court rejected Musk’s prior $56 billion plan, Tesla shifted its legal home to Texas.

Tesla also added a 3% ownership threshold for director lawsuits, moves that legal analysts say make challenges harder.

At the same meeting, shareholders re-elected directors and adopted annual board elections.

They also approved an investment in Musk’s AI startup xAI and maintained a high bar for shareholder lawsuits.

Several reports indicate Musk signaled he could scale back or leave without greater voting control.

This retention argument was used by the board as leverage ahead of the vote.

Coverage Differences

narrative

Business Insider (Western Mainstream) focuses on legal engineering—moving to Texas and inserting a 3% bylaw hurdle—while Euronews (Western Mainstream) and KRTV (Other) stress shareholder votes on xAI and rejecting a lower lawsuit threshold.

tone

On Musk’s threat to leave: DW (Western Mainstream) says the board indicated he may resign if not approved; Sky News (Western Mainstream) and Straight Arrow News (Western Alternative) report he ‘reportedly’ or ‘indicated’ he might leave without more control, framing it as leverage in the vote.

Tesla's Musk Compensation Debate

Supporters framed the package as essential to retain Musk and drive Tesla’s shift toward AI, robotics, and autonomy.

Critics, including major proxy advisers and some large funds, called it excessive and risky.

Proxy firms ISS and Glass Lewis recommended voting against the deal.

Institutions such as Calpers and Norway’s sovereign wealth fund opposed the package.

Others, particularly in West Asian and alternative outlets, emphasized how the vote consolidates Musk’s control and advances projects like xAI despite governance worries.

The outcome nonetheless reflects robust investor confidence, even as safety, political, and governance concerns persist.

Coverage Differences

tone

AP News (Western Mainstream) presents a balanced frame—strong confidence amid challenges—while Straight Arrow News (Western Alternative) foregrounds controversy and proxy‑advisor pushback.

narrative

Arab News (West Asian) highlights enhanced control and xAI approval as strategic wins, whereas ABC7 (Local Western) stresses high‑profile opposition by Calpers and Norway’s sovereign wealth fund.

missed information

DW (Western Mainstream) and AP News note the scale and support levels, but some sources such as Evrim Ağacı (West Asian) add context about safety investigations and prior Delaware invalidation that many summaries omit.

Media Views on Tesla's Future

Context is sharply divided over feasibility and focus regarding Tesla's future.

BBC (Western Mainstream) argues a significant “Musk premium” underpins Tesla’s valuation beyond current sales.

Diario AS (Western Mainstream) and ABC7 (Local Western) highlight declines in Europe and an aging lineup.

Evrim Ağacı (West Asian) underscores regulatory scrutiny of autonomy claims.

Finance Monthly (Western Mainstream) projects upside if the robotaxi vision works.

Some outlets include colorful or unusual details—BusinessToday Malaysia reports Musk’s talk of Optimus potentially “housing human consciousness.”

Fortune mixes in unrelated tech and policy news in the same piece, underscoring the disparate narratives surrounding the vote and Tesla’s future.

Coverage Differences

contradiction

On feasibility and outlook: BBC (Western Mainstream) cites a valuation buoyed by a “Musk premium,” whereas Diario AS (Western Mainstream) catalogs sharp sales declines and warns about unproven robots and possible loopholes.

narrative

Evrim Ağacı (West Asian) highlights investigations and governance concerns, while Finance Monthly (Western Mainstream) focuses on optimistic analyst forecasts tied to autonomy success.

unique/off-topic

Some coverage veers into unusual or tangential territory: BusinessToday Malaysia (Other) reports Musk’s claim Optimus could “house human consciousness,” and Fortune (Western Mainstream) bundles the pay‑plan update with unrelated items like a CBO breach and GTA VI delay.

All 76 Sources Compared

ABC7 San Francisco

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ACKO Drive

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Analytics Insight

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AP News

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Arab News

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Arise News

Elon Musk’s Historic $1 Trillion Payday Approved As Tesla Accelerates Into AI And Robotics Future

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Australian Broadcasting Corporation

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BBC

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BBC

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BBC

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beritasriwijaya.co.id

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Bloomberg Law News

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Business Insider

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Business Today

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Businessday NG

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BusinessToday Malaysia

Tesla Shareholders Approve Elon Musk’s US$1 Trillion Pay Deal Amid Governance Backlash

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CBT News

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CNN

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CNN

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Common Dreams

As Americans Live Paycheck to Paycheck, Tesla Shareholders Approve Musk's $1 Trillion Package

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Crypto News Australia

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Daijiworld

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Democracy Now!

Tesla Shareholders Approve Pay Package That Could Make Elon Musk a Trillionaire

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Diario AS

Good news and bad news for Elon Musk as Tesla $1 trillion pay plan agreed

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DW

Tesla shareholders approve $1 trillion pay package for Musk

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EBC Financial Group

Tesla Stock Surges After $1T Musk Pay Approval; Intel Follow

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Euronews

Musk could become world's first trillionaire in new Tesla pay package

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Evrim Ağacı

Tesla Shareholders Approve Record $1 Trillion Musk Deal

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Finance Magnates

Elon Musk’s $1 Trillion Tesla Pay Package Approved — He Must Meet These 4 Conditions

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Finance Monthly

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financialexpress

World’s first trillionaire? Tesla clears Elon Musk’s $1 trillion pay package but conditions apply

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Fortune

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France 24

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GreekReporter

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Hindustan Times

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india

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India Today

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Investopedia

Elon Musk Got His $1 Trillion Pay Package. Now Tesla's Moonshot Goals Are In Focus.

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Irish Examiner

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kaohoon international

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KRTV

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KSWO 7News

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La Voce di New York

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Le Monde.fr

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Le Monde.fr

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livemint

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livemint

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London Evening Standard

Elon Musk reacts to $1trillion pay deal approved by Tesla shareholders: 'Time to pull a LOT of rabbits out of the bag'

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Meyka

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Meyka

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Moneycontrol

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NDTV

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NDTV

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NDTV Profit

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Nepalnews

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News18

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novanews.co.za

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People

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qz

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Sky News

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South China Morning Post

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Storyboard18

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Straight Arrow News

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Techeconomy

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The American Bazaar

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The Economic Times

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The Guardian

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The Hans India

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The Vibes

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The Washington Post

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thenationalnews

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Times of India

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Times of India

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Vibe 107.6 FM

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Zee News

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Українські Національні Новини

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