Tesla shareholders have approved a massive $1 trillion pay package for CEO Elon Musk, marking one of the largest executive compensation plans in corporate history. The proposal received over 75% shareholder support at the company\u2019s annual meeting on Thursday, according to AFP.<\/p>\n
The 12-tranche stock-based package was designed to ensure Musk\u2019s continued service as Tesla advances its AI and robotics ambitions. The plan had been introduced by Tesla\u2019s board in September 2025, with Glass Lewis and ISS\u2014two major proxy advisors\u2014recommending a vote against it, as reported by CNBC.<\/p>\n
The approved plan grants Musk 12 tranches of shares, which he can earn if Tesla meets specific financial and operational milestones over the next decade.<\/p>\n
If Tesla achieves an $8.5 trillion market capitalization, Musk could unlock the full payout, worth about $1 trillion. Achieving all milestones would also increase Musk\u2019s ownership stake from 13% to 25%, adding over 423 million shares to his holdings.<\/p>\n
Based on current estimates, securing all shares under the package would be equivalent to earning around $275 million per day over the next 10 years, surpassing any executive pay plan in history, CNN reported.<\/p>\n
Following the approval, Musk expressed gratitude toward investors and the board, saying, \u201cI super appreciate it.\u201d<\/em><\/p>\n Tesla\u2019s board had earlier cautioned that a \u201cno\u201d vote might have led Musk to resign as CEO, as he had sought greater control over the company. The board reaffirmed that the package was essential for retaining Musk\u2019s leadership while pursuing Tesla\u2019s long-term innovation goals.<\/p>\n Also Read: Piramal Finance Shares List at \u20b91,260 After Merger with Piramal Enterprises<\/a><\/p>\n According to Bloomberg\u2019s billionaire tracker, Musk\u2019s net worth now stands at $473 billion, largely due to his holdings in Tesla, SpaceX, and xAI. The new package further strengthens his voting power and control within Tesla as it expands its technological and product roadmap.<\/p>\n Approval: 75% of shareholders supported the package<\/p>\n<\/li>\n Total Value: Up to $1 trillion<\/p>\n<\/li>\n Structure: 12 tranches tied to financial and operational milestones<\/p>\n<\/li>\n Ownership Increase: From 13% to 25% (adds 423 million shares)<\/p>\n<\/li>\n Market Cap Target: $8.5 trillion for full payout<\/p>\n<\/li>\n Net Worth: $473 billion, per Bloomberg<\/p>\n<\/li>\n<\/ul>\n Click here to explore Tesla shareholders have approved a massive $1 trillion pay package for CEO Elon Musk, marking one of the largest executive compensation plans in corporate history. The proposal received over 75% shareholder support at the company\u2019s annual meeting on Thursday, according to AFP. The 12-tranche stock-based package was designed to ensure Musk\u2019s continued service as Tesla […]<\/p>\n","protected":false},"author":10,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1386],"class_list":{"0":"post-16973","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1386,"user_id":10,"is_guest":0,"slug":"ruchikadave","display_name":"Ruchika Dave","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=16973"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16973\/revisions"}],"predecessor-version":[{"id":16975,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16973\/revisions\/16975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/16974"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=16973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=16973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=16973"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=16973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Musk\u2019s Net Worth and Control<\/h2>\n
Key Highlights<\/h3>\n
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\n<\/strong><\/em>Gift Nifty<\/a>
\nFII DII Data<\/a>
\nIPO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"