Tesla shareholders approve Musk's $878 billion compensation plan

PANews reported on November 7th that Tesla (TSLA.O) shareholders approved Elon Musk's compensation plan with a 75% majority vote, supporting his vision to transform the electric car maker into an artificial intelligence and robotics giant. Under the new plan, Musk could earn up to $878 billion from Tesla stock over 10 years. Musk will receive up to $1 trillion in stock, but will have to pay Tesla certain sums. Analysts say the vote is favorable for Tesla's stock, as Tesla's valuation depends on Musk's vision of developing self-driving cars, expanding robotaxis in the US, and selling humanoid robots, despite his far-right political rhetoric damaging Tesla's brand this year.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
2 hour ago
2 hour ago
3 hour ago
5 hour ago
7 hour ago
2025-12-21 03:45

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读