Tesla shareholders approve Elon Musk's trillion-dollar pay package

On November 6, 2025, Tesla shareholders overwhelmingly approved a groundbreaking compensation plan for Elon Musk. According to preliminary results shared at the company’s annual meeting, 75% of voters supported the proposal.

The package gives Musk the potential to earn stock valued at approximately one trillion dollars if Tesla meets specific performance goals over the next decade. Under the plan, Musk will not receive a salary; his compensation depends entirely on meeting these targets.

Performance Requirements and Market Goals

To unlock the full payout, Musk must drive Tesla’s market capitalization from its current level of about $1.5 trillion to more than $8.5 trillion. This would make Tesla the world’s most valuable company by a wide margin.

“Among other targets, he would have to raise the company's market capitalization from about $1.5 trillion today to above $8.5 trillion.”

Context in Global Markets

For perspective, Nvidia—the semiconductor company flourishing amid the artificial intelligence surge—is valued at $4.83 trillion. Nvidia’s CEO earns roughly $50 million annually and holds a 3.5% ownership stake.

Musk’s Current Wealth

According to the Bloomberg Billionaires Index, Musk’s net worth stands near $460 billion, largely attributed to Tesla’s stock, now trading at around $465 per share. That price represents a more than 400-fold increase since the company’s 2010 IPO.

Legal Background

Musk’s earlier compensation plan worth $55.8 billion became entangled in a prolonged court case after a judge concluded that Tesla’s board maintained overly close ties to him when crafting that agreement.

Author’s Summary: Tesla investors have sanctioned an unprecedented performance-based package that could grant Elon Musk up to one trillion dollars if company growth targets are met within ten years.

KANW — 2025-11-06