Elon Musk wins $1 trillion Tesla pay deal

08-Nov-2025

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Tesla shareholders have given Elon Musk the green light for the largest corporate pay package in history — a deal worth up to $878 billion — that reaffirms their faith in his ambitious plan to steer the company beyond electric cars and into the realms of artificial intelligence and robotics. 

The decision came at Tesla’s annual meeting in Austin, Texas, which looked more like a tech festival than a boardroom affair, complete with dancing robots and cheering investors.

More than 75 per cent of Tesla shareholders voted in favour of Musk’s massive pay package, which could grant him as much as $1 trillion in Tesla stock over the next decade before deductions. 

The approval cements Musk’s position as the world’s richest person and gives him the financial backing to push his next wave of innovations.