Tesla shareholders approve Elon Musk's trillion-dollar pay package
On November 6, 2025, Tesla shareholders overwhelmingly approved a record-breaking compensation plan for Elon Musk, granting him the potential to earn up to one trillion dollars in Tesla stock.
Approval at Annual Meeting
According to preliminary results announced during Tesla's annual shareholder meeting, 75% of the votes supported the measure. The package stipulates that Musk will receive no regular salary but could unlock shares valued at approximately one trillion dollars if the company meets performance goals over the next decade.
Performance Targets
- Raise Tesla’s market capitalization from around $1.5 trillion to over $8.5 trillion.
- Achieve additional operational and financial milestones determined by Tesla's board.
Currently, the world's most valuable company, Nvidia, is valued at about $4.83 trillion, highlighting the scale of Musk’s challenge and ambition.
Musk's Current Wealth
Musk’s personal fortune is estimated at $460 billion, according to the Bloomberg Billionaires Index. Most of this wealth stems from Tesla’s soaring stock, now trading near $465 per share—over 400 times higher than its IPO price in 2010.
Previous Pay Package
A prior compensation plan valued at $55.8 billion was delayed by a long-running legal battle after a judge ruled that Tesla’s board had shown excessive loyalty to Musk in designing it.
"Tesla shareholders have approved a pay package for Elon Musk that could allow him to earn an unprecedented one trillion dollars' worth of stock."
Author’s Summary
The approval of Musk’s trillion-dollar pay plan cements his influence at Tesla while pushing the company toward one of the most ambitious valuation targets in corporate history.