Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Plan — What Passed on Nov. 7, 2025, and the 12 Milestones He Must Hit
AUSTIN, Texas — November 7, 2025 (updated) Key points What just happened Tesla shareholders handed Elon Musk a resounding victory, approving a new, decade‑long performance plan with potential value described as up to $1 trillion—a record scale in corporate pay if all hurdles are met. The meeting crowd in Austin heard the results Thursday; more than three‑quarters of votes backed the package. Markets and governance watchers immediately labeled it the largest potential payout in history, underscoring investors’ bet on Musk’s AI‑and‑robotics vision for Tesla. Reuters+2Reuters+2 Separately, shareholders gave a non‑binding green light for Tesla to consider an investment in xAI, Musk’s AI startup. Tesla said the board will evaluate the outcome,