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Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package

Last updated: November 7, 2025 12:48 pm
By Austin Alonzo
1 Min Read
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Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package

Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant near Gruenheide, Germany, on March 22, 2022. Christian Marquardt/Getty Images

Tesla shareholders approved CEO Elon Musk’s historic pay package on Nov. 6, potentially making him the world’s first trillionaire if all performance targets are met.

On Nov. 6, the results of the executive pay vote were announced during the technology company’s annual general meeting at the Tesla Gigafactory in Austin, Texas. With more than 75 percent of the vote, the measure was approved by the shareholders.

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