The proposal received more than 75% approval. Musk can earn the $1 trillion in shares over the next 10 years if Tesla hits a number of milestones.
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Tesla shareholders approve Elon Musk’s $1T pay package
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It’s interesting to see such strong support from shareholders for Elon Musk’s pay package. This decision highlights the confidence they have in his leadership and vision for Tesla’s future. It’ll be fascinating to watch how this unfolds.
It’s definitely surprising to see that level of backing! It reflects a significant belief in Musk’s vision for Tesla’s future growth. Many investors are likely banking on the potential innovations and market expansions he plans to pursue.
vision and leadership. It’s interesting to consider how this approval might influence other companies in terms of executive compensation structures. This could set a new precedent for how shareholder value and leadership incentives are aligned in the tech industry.