STORY: :: Tesla shareholders applaud as CEO Elon Musk’s $878 billion pay package is approved
“…On the 2025 CEO Performance Award to our founder and CEO, Elon Musk, with over 75% voting in favor…. approved!”
:: November 6, 2025
:: Austin, Texas
Shares of Tesla rose about 2% in after-hours trading. The proposal was approved with over 75% support.
The vote, analysts have said, is a positive for Tesla’s stock, whose valuation hangs on Musk’s vision of making vehicles drive themselves, expanding robotaxis across the U.S. and selling humanoid robots, even though his far-right political rhetoric has hurt the Tesla brand this year.
