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Tag: stock-based compensation

Elon Musk’s $1 Trillion Tesla Pay Deal Approved Despite Investor Backlash

Elon Musk’s $1 Trillion Tesla Pay Deal Approved Despite Investor Backlash

Elon Musk has secured shareholder approval for a record-breaking $1 trillion pay package, tied to Tesla’s ambitious long-term growth targets, including breakthroughs in AI, robotics, and autonomous vehicles. At Tesla’s annual general meeting in Austin, Texas, 75% of shareholders voted in favor of the unprecedented stock-based compensation plan. Musk, already the world’s richest person, must…

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