Tesla board awards Elon Musk $26 billion pay package, bypassing shareholders

04 August 2025
Tesla's board of directors has unilaterally approved a new {{$26}} billion compensation package for CEO Elon Musk, replacing a previously voided deal and setting the stage for another pay negotiation later this year.

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  • Anonymous

This is 'misleading' because it is not a pay package per se, the compensation as it is understood, consists of "stock options" which is a natural and normal executive remuneration system based upon the performance of the share price which is in turn based upon financial performance including but not limited to profitability but also business strategy and achieving long-term goals and objectives as set by the Board of Directors. I am no fan of Musk, but the remuneration system is entrenched in the American executive suite. If the public are not happy with it; it could be changed at the annual shareholders meeting ("AGM") and Musk's shareholding is large but far from the majority of shares are within his control.

  • Anonymous

Nobody has earned so much compensation
Billions of dollars...you can feed country's, save lives, provide water, food, shelter, electricity....
This planet is doomed

  • Anonymous

Tesla's end is near.

  • Anonymous

yes but tesla's board is also full of rich elites.
i've never heard of rich elites saying please pay less to rich elites.

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