Tesla shareholders will vote on Elon Musk’s $1 trillion pay package on November 6, with the board warning he may quit as CEO if it’s rejected. The plan, tied to ambitious performance goals, has split investors and drawn criticism from proxy firms ISS and Glass Lewis, whom Musk labeled “corporate terrorists.”
Tesla Board Warning Elon Musk
Supporters include Cathie Wood, Dan Ives, and Florida’s State Board of Administration, citing innovation and growth. Opponents like New York’s retirement fund and the American Federation of Teachers argue the deal lacks accountability. The vote could determine Musk’s future at Tesla—and whether he becomes the world’s first trillionaire.
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