Tesla Shareholder Meeting: Musk’s Pay Package Under Scrutiny

The pay package in question supposedly stands at over $56 billion, which was granted to Musk adhering to Tesla’s development, a Reuters report from March suggests. The Tesla board accepted Musk’s pay package, which can be amongst the highest possible CEO payments ever before, on 2 separate events.

Musk’s $56 Billion Pay Package

Musk’s pay plan was granted to the CEO in 2018. A member of the Tesla board had submitted a legal action objecting to the compensation for Musk.

What Happened: “The board of supervisors of Tesla has assigned November 6, 2025 as the date of Tesla’s 2025 yearly meeting of shareholders,” a filing by the EV titan with the U.S. Securities and Exchange Commission or SEC showed on Thursday.

Annual Meeting Date Announced

Why It Matters: The date for the capitalists’ conference comes in after the Tesla figure dealt with pressure from investors, with a group of 27 capitalists recently composing a letter to the board, advising it to set up a date for the annual investor meeting.

Tesla has actually likewise been under attack from experts, with Gerber Kawasaki’s co-founder Ross Gerber slamming Musk, declaring that the CEO has “hijacked the business” which his America Event will be “a failure.”

Tesla Inc.TSLA has revealed November 6 as the date for the business’s yearly shareholder conference amid mounting stress from capitalists who are worried concerning Elon Musk’s political ambitions and placing stress with President Donald Trump.

Analyst Weighs In: Pay Package Focus

In the middle of the news hitting the wires, Wedbush Securities analyst Dan Ives considered in on the issue in a blog post on social networks platform X on Thursday. “Now the Musk new pay bundle will be the emphasis,” Ives stated in the post.