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Tesla Shares Surge Amid Musk’s $1 Trillion Pay Plan Uncertainty

Tesla Shares Surge Amid Musk’s $1 Trillion Pay Plan Uncertainty

Author:

Global Cryptocurrency

Published:

2025-10-27 19:21:02

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BTCCSquare news:

Tesla Inc. (NASDAQ: TSLA) shares gained over 5%, trading at $459, as investors reacted to Chair Robyn Denholm's warning that Elon Musk could exit as CEO if his $1 trillion performance-based compensation package is rejected. The proposal, set for a shareholder vote on November 6, includes 12 tranches tied to a $8.5 trillion market cap and AI milestones.

Denholm's letter underscored Musk's pivotal role in Tesla's AI and autonomous vehicle ambitions. The board faces scrutiny over governance concerns, with the pay plan seen as critical to retaining Musk's leadership. The MOVE follows a court ruling that voided his 2018 compensation deal.

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