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Technology Stocks : Tesla EVs - TSLA
TSLA 485.61-0.6%3:59 PM EST
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From: Savant11/6/2025 5:30:00 PM
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Tesla shareholders approve Elon Musk’s $1 trillion pay package
  • Over 75% of shares voted in favor of a stock grant that could give Musk 423.7 million additional shares over 10 years, potentially worth $1 trillion.
  • Tesla must achieve an $8.5 trillion market cap, requiring a 466% increase from current stock prices to qualify for the full payout.
  • Despite challenges, Musk aims to shift Tesla's focus from EV sales to self-driving cars and humanoid robots, with products still under development.
Tesla announced that more than 75% of shares voted in favor of the pay package during the company’s annual shareholder meeting. The vote didn’t include the 15% of the company that Musk already owns.

Tesla shareholders approve Elon Musk’s $1 trillion pay package


**now, he has to earn it
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