Tesla Shareholder Support for Musk’s Pay Plan Declines Amidst Company Challenges
Tesla's shareholder support for Elon Musk's compensation plan has dropped significantly, with only 75% approval in 2025 compared to 90% in 2018. The figure falls further to 66.9% when excluding top executives and board members, reflecting growing dissent among non-affiliated investors.
The vote occurred during Tesla's annual shareholder meeting, following a turbulent period marked by slowing vehicle sales and declining brand value. Musk's increasing political involvement, including advisory roles in the TRUMP administration, has alienated some investors and sparked controversy.
Musk's proposed pay package, potentially worth $1 trillion over a decade, hinges on Tesla meeting ambitious performance targets. While the board unanimously endorsed the plan, major advisory firms ISS and others have voiced opposition, signaling a rift between leadership and investor sentiment.
