Trillion-dollar compensation plan overwhelmingly approved! Musk speaks out: very grateful

date
07/11/2025
According to foreign media such as CNN, Tesla shareholders overwhelmingly approved a compensation plan for CEO Elon Musk on November 6th, with a potential value of up to $1 trillion. The plan was announced by Tesla at the annual shareholder meeting and received approval with over 75% support. This plan could potentially make Musk the world's first "trillionaire." Cheers and chants erupted when the voting results were announced. Musk expressed gratitude to shareholders and the Tesla board, saying, "I am very grateful." Tesla had previously established a similar compensation plan for Musk in 2018. Musk achieved performance goals ahead of schedule, but the over $500 billion in compensation he was supposed to receive has not yet been approved by the US courts.