Tesla shareholders approve Elon Musk's trillion-dollar pay package
On November 6, 2025, Tesla shareholders overwhelmingly approved a compensation plan for Elon Musk that could potentially grant him stock valued at one trillion dollars. Preliminary results from Tesla’s annual shareholder meeting indicate that 75% of investors supported the measure.
The plan stipulates that Musk will not receive a salary. Instead, he will unlock stock valued at up to a trillion dollars if Tesla attains specific performance goals over the next ten years. One key target is increasing the company’s market capitalization from the current $1.5 trillion to beyond $8.5 trillion.
For context, Nvidia, the world’s most valuable firm driven by the success of AI technologies, currently holds a market capitalization of $4.83 trillion. Its CEO earns about $50 million yearly and owns 3.5% of the company.
According to the Bloomberg Billionaires Index, Musk’s personal fortune stands at $460 billion, primarily due to Tesla’s stock performance. Shares now trade around $465 each, over 400 times higher than at the company’s IPO in 2010.
A previous $55.8 billion compensation deal for Musk became entangled in a legal dispute after a judge determined that Tesla’s board had overly close ties with him during its creation.
Author’s Summary
Shareholders handed Elon Musk a huge vote of confidence, approving a trillion-dollar stock-based plan tied to Tesla’s ambitious growth goals over the next decade.
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