8legs: Tesla annual meeting

Your Followed Topics

#1 out of 4297.2K est. views25.02%

Tesla shareholders approved a $1 trillion pay package for Elon Musk, tying stock awards to targets over the next decade.
The plan requires Musk to deliver 20 million Tesla vehicles and deploy 1 million humanoid robots to unlock the full awards.
The vote was in Austin, Texas, and occurred despite opposition from funds and watchdog groups.
Investors view the plan as an incentive to push Tesla toward AI leadership, including software for self-driving cars and robots.
Musk has to reach multiple milestones to earn the full award, including boosting Tesla's market value nearly sixfold.
The plan would double Musk’s Tesla stake to nearly 30% as part of the incentive structure.
Retail and pension funds had voiced concerns about the plan but a majority still voted in favor.
The vote follows weeks of debate over Musk’s leadership and the desirability of unprecedented pay.
Tesla’s recent sales trends in Europe were noted as context for the vote.
The package could propel Musk toward the status of history’s first trillionaire if targets are met.
Company leaders emphasized Musk’s role in steering AI initiatives at Tesla and beyond.

Vote 10

#2 out of 4

Tesla shareholders approved a nearly $1 trillion compensation plan for Elon Musk, potentially making him the first trillionaire if targets are met.
Labor unions and progressive groups opposed the package, citing income inequality and spiraling executive pay.
Supporters argue the pay aligns Musk’s rewards with long-term company performance and leadership influence.
The vote happened amid broader federal budget debates, including uncertainty over SNAP benefits for millions.
Political figures weighed in, with Senator Bernie Sanders criticizing the pay while noting widespread paycheck-to-paycheck struggles.
A broad mix of commentators warned about the concentration of wealth affecting politics and markets.
The vote occurred as experts warned that higher executive pay may influence corporate governance trends.
Supporters emphasized Musk’s central role in Tesla’s rise and future trajectory.
Organizers framed the vote as part of a larger debate on corporate accountability and worker welfare.
The article notes the broader context of Musk’s political involvement and its impact on corporate perception.

Vote 0

#3 out of 4

Tesla shareholders approved a mega pay package for Elon Musk that could be worth up to $1 trillion.
The vote could make Musk the world's first trillionaire if Tesla hits ambitious goals in AI and robotics.
Musk celebrated by dancing on stage with Optimus, Tesla's humanoid robot.
Shareholders emphasized support for Musk’s leadership and Tesla’s long-term AI and robotics strategy.
The vote came amid debate over wealth concentration and governance risk.
The meeting drew cheers as Musk thanked supporters after the vote.
Tesla chair Robin Denholm urged shareholders to back the deal to prevent stock decline if Musk left.
Musk described Tesla’s potential as limitless, citing advances in autonomous driving and robotics.
The event highlighted investor optimism despite ongoing controversies around Musk.
The Times of India reported the event notes were from TOI News Desk with a global audience.

Vote 0

#4 out of 4

Tesla shares rose more than 2% in premarket trading after 75% of shareholders approved Musk's $1 trillion compensation plan.
The plan, dubbed Proposal 4, ties Musk’s pay entirely to performance and milestones over the next decade.
Milestones include boosting Tesla’s market cap to $8.5 trillion and deploying one million robotaxis.
Musk framed the plan as essential to keep Tesla on track with automation and AI goals.
The vote outcome signals ongoing investor faith in Musk despite controversy surrounding the company.
Chief sources say the plan is designed to retain and motivate Musk to achieve long-term goals.
The plan requires achievement of milestones over the next decade to unlock compensation.
Musk thanked shareholders and shifted focus to the Optimus robot program after the vote.
The vote outcome reinforces investor confidence in Musk’s leadership as Tesla pursues ambitious automation goals.
The compensation plan is tied to milestones like robotaxis and Optimus, aligning leadership pay with performance.

Vote 0

Unlimited Access

Personalized Feed

Full Experience

By continuing, you agree to the Privacy Policy.

Create an account and enjoy content that interests you with your personalized feed

Unlimited Access

Personalized Feed

Full Experience

By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.