Elon Musk’s future at Tesla in balance as shareholders consider $1 trillion pay package
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- Nov 04, 2025
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“Yesterday, the news [arrived] that Elon Musk is going to be the first trillionaire in the world,” Leo told Catholic news outlet Crux in an interview published in September.
“What does that mean, and what’s that about?” the pontiff continued. “If that is the only thing that has any value any more, then we are in big trouble.”
ISS and Glass Lewis have also recommended that shareholders say no, asserting that the pay is excessive and could dilute the holdings of other investors.
A person sits in a Tesla Cybercab outside the Nasdaq Market site in New York City, U.S., October 27, 2025.
REUTERS
Tesla’s largest individual investors, including BlackRock, State Street and Vanguard, have yet to reveal how they plan to vote.
Despite the lingering uncertainty, Wedbush analyst Dan Ives said he expects shareholders to give a “bright green light” to the plan.
“With the AI Revolution this is a crucial time for Tesla ahead with autonomous and robotics front and center,” Ives said in a note to clients on Monday.
“We expect shareholders to show overwhelming support for Musk and the xAI stake further turning Tesla into an AI juggernaut with the autonomous and robotics future on the horizon.”
With Post wires
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