Tesla Shareholders to Decide on Elon Musk’s $878 Billion Pay Package
Tesla shareholders are set to vote Thursday on CEO Elon Musk's unprecedented compensation package, potentially worth $878 billion in stock options. The deal hinges on Tesla reaching an $8.5 trillion market cap over ten years—a target that would make it one of history's most valuable companies.
Despite the high-stakes vote, TSLA shares ROSE 4% in Wednesday's session before dipping slightly after hours. The stock remains up 14% year-to-date as investors weigh Musk's ambitious vision for autonomous driving and robotics against the dilution risks of massive equity grants.