shareholders approve $1tn pay package

Discussion in 'Tesla' started by bwilson4web, Nov 7, 2025 at 1:13 AM.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Source: Tesla shareholders approve $1tn pay package for Elon Musk | Tesla | The Guardian

    Tesla shareholders approved a $1tn compensation plan for CEO Elon Musk on Thursday, awarding the world’s richest person what would be the largest corporate payout in history if he meets the goals necessary to receive it.
    . . .
    The result of the vote was announced at the annual shareholder event in Austin, Texas, with more than 75% of investors voting in favor of the plan. . . .

    “Thanks, guys,” Musk said, after briefly dancing on stage alongside the company’s Optimus robots.

    Musk described the Optimus robots, which have not gone into mass production, as the future of the company and of humanity. He reiterated a claim that it would be “the biggest product of all time”, and suggested they could be used in everything from healthcare to prisons.
    . . .

    Thankfully, I no longer own TSLA shares. I converted them into a solar roof saving $130 last month. Clearly, he has lost interest in more efficient and affordable EVs.

    Bob Wilson
     
  2. frodoz737

    frodoz737 Top Wrench

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    What was he thinking? EVs, solar, rockets, robots...richest man on earth. What a loser. :rolleyes: