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Tesla Shareholders Approve Musk’s $1 Trillion Pay Package Amid AI Pivot

Tesla Shareholders Approve Musk’s $1 Trillion Pay Package Amid AI Pivot

Author:

Global Cryptocurrency

Published:

2025-11-10 12:41:02

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BTCCSquare news:

Tesla shareholders overwhelmingly approved Elon Musk's 2025 compensation package, valued at up to $1 trillion, with more than 75% voting in favor. The performance-based deal grants Musk 400 million shares if Tesla achieves $400 million EBITDA over 12 months—a target dwarfed by the company's projected $13 billion EBITDA for 2025.

The vote reinstates Musk's path to 25% Tesla ownership after a Delaware court voided his 2018 $120 billion package. This compensation structure reflects Tesla's strategic shift from electric vehicles to AI and robotics, with Musk seeking greater voting control to steer this transformation.

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