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Originally published by Capital Business
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business
November 5, 2025
4h ago

Tesla says Musk should be paid $1tn – will shareholders agree?

Tesla says Musk should be paid $1tn – will shareholders agree?

NOV 5 - Ahead of Tesla's annual general meeting (AGM) on Thursday there's been one key message the electric car-maker has been hammering home to Kenya breaking news | Kenya news today |..

✨ Key Highlights

Tesla is campaigning for shareholders to approve a massive $1 trillion pay package for Elon Musk ahead of its Annual General Meeting (AGM). This proposal has sparked debate, with some questioning the focus on executive compensation amidst declining car sales.

  • The proposed deal would grant Musk 423.7 million new shares if Tesla's market value reaches $8.5 trillion and 1 million "Robotaxi" cars are in commercial operation.
  • Key figures like Dell Technologies’ Michael Dell and Ark Invest CEO Cathie Wood support the package, while proxy advisers Glass Lewis and ISS, along with large funds like Norway’s sovereign wealth fund, recommend rejection.
  • A Delaware judge previously rejected a similar pay package for Musk in 2024, citing board entanglements, a decision currently under review.

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