Shareholder Meeting
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Tesla shareholders approve Elon Musk's trillion-dollar pay package
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At the 2025 annual shareholder meeting in Austin, Texas, Tesla investors overwhelmingly approved two pay packages for CEO Elon Musk, including the restoration of his 2018 compensation deal and a new performance award potentially worth up to $1 trillion. The votes reaffirm support for Musk's leadership amid ambitious goals in autonomous driving and robotics. About 75% of shareholders backed the new package, tied to aggressive milestones through 2035.