{"id":266226,"date":"2025-11-06T20:04:08","date_gmt":"2025-11-06T20:04:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/266226\/"},"modified":"2025-11-06T20:04:08","modified_gmt":"2025-11-06T20:04:08","slug":"tesla-shareholder-meeting-updates-elon-musks-pay-package-on-the-line","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/266226\/","title":{"rendered":"Tesla Shareholder Meeting Updates: Elon Musk’s Pay Package on the Line"},"content":{"rendered":"

Tesla shareholders are hours away from deciding the fate of Elon Musk’s<\/a> $1 trillion pay package.<\/p>\n

Tesla’s annual shareholder meeting kicks off Thursday afternoon at 4 p.m. ET at the company’s headquarters in Austin. A limited number of shareholders were invited to attend in person.<\/p>\n

Tesla investors are voting on multiple proposals. Chief among them is Musk’s pay package, which is contingent on achieving some lofty goals. To earn the full $1 trillion value, Musk must boost Tesla’s market cap to $8.5 trillion by 2035, sell 12 million vehicles a year, and deploy one million robotaxis and one million humanoid robots.<\/p>\n

The pay package proposal has proven divisive.<\/p>\n

Weeks ahead of the vote, proxy advisory firms ISS and Glass Lewis<\/a> have both urged shareholders to reject the proposal.<\/p>\n

Musk called the proxy firms “corporate terrorists” during Tesla’s recent earnings call<\/a>, and board chair Robyn Denholm warned shareholders in an October letter that Musk could walk away from the company if they don’t approve his compensation.<\/p>\n

Tesla’s shares have recovered from a sharp downturn earlier in the year, but its sales face an uncertain future after the end of the EV tax credit in the US and increased competition from other automakers.<\/p>\n","protected":false},"excerpt":{"rendered":"Tesla shareholders are hours away from deciding the fate of Elon Musk’s $1 trillion pay package. Tesla’s annual…\n","protected":false},"author":2,"featured_media":266227,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[122717,10219,45,49,48,2539,250,67919,35582,122714,122715,122711,122712,122716,32207,5028,122713,2552],"class_list":["post-266226","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-annual-shareholder-meeting","tag-austin","tag-business","tag-ca","tag-canada","tag-company","tag-elon-musk","tag-headquarters","tag-hour","tag-multiple-proposal","tag-p-m-et","tag-pay-package","tag-proxy-advisory-firm-iss","tag-recent-earning-call","tag-shareholder","tag-tesla","tag-tesla-shareholder-meeting-updates","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/266226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=266226"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/266226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/266227"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=266226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=266226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=266226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}