Tesla Shareholders Vote on Musk's $1 Trillion Pay Package

Published 4 hours ago

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Above: Elon Musk in the Oval Office on May 30, 2025. Image copyright: Allison Robbert/AFP/Getty Images

The Spin

Pro-establishment narrative

Musk's compensation package is essential for Tesla's future as the company transitions from a traditional automaker to an AI-focused technology leader. Without Musk's visionary leadership, Tesla risks losing significant value and falling behind in critical areas like full self-driving and robotics. The pay structure only rewards Musk if he creates enormous shareholder value, making it a smart investment.

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Establishment-critical narrative

This pay package represents corporate excess at its worst, with Tesla's current valuation only justified by blind faith in Musk. Tesla's EV sales are declining, while Musk's political controversies have damaged the brand globally. Yet shareholders are being asked to reward him. Institutional investors and Norway's sovereign wealth fund rightly recognize this is too much dependence on a distracted leader.

The Register Forbes