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7h agoTesla CEO Elon Musk faces union push-back over proposed US$1 trillion pay deal
Tesla’s board has put a staggering US$1 trillion compensation package to its CEO Elon Musk on the upcoming shareholder vote, sparking backlash from major U.S. unions and institutional investors. Critics argue the plan concentrates power, dilutes shareholder voice and lacks performance-based transparency, with voices like the New York State Comptroller calling it “pay for unchecked power”. Musk’s supporters contend the agreement matches the company’s ambitious targets in AI, robotics and autonomous vehicles—notably areas where Tesla leads globally.
critical
7h agoTesla CEO Elon Musk faces union push-back over proposed US$1 trillion pay deal
Tesla’s board has put a staggering US$1 trillion compensation package to its CEO Elon Musk on the upcoming shareholder vote, sparking backlash from major U.S. unions and institutional investors. Critics argue the plan concentrates power, dilutes shareholder voice and lacks performance-based transparency, with voices like the New York State Comptroller calling it “pay for unchecked power”. Musk’s supporters contend the agreement matches the company’s ambitious targets in AI, robotics and autonomous vehicles—notably areas where Tesla leads globally.
critical
Tesla CEO Elon Musk faces union push-back over proposed US$1 trillion pay deal
about 8 hours ago
1 min read
77 words
Tesla is proposing a US$1 trillion pay plan for Musk, drawing resistance over governance and shareholder-control concerns ahead of the vote.
Tesla’s board has put a staggering US$1 trillion compensation package to its CEO Elon Musk on the upcoming shareholder vote, sparking backlash from major U.S. unions and institutional investors. Critics argue the plan concentrates power, dilutes shareholder voice and lacks performance-based transparency, with voices like the New York State Comptroller calling it “pay for unchecked power”. Musk’s supporters contend the agreement matches the company’s ambitious targets in AI, robotics and autonomous vehicles—notably areas where Tesla leads globally.
Tesla’s board has put a staggering US$1 trillion compensation package to its CEO Elon Musk on the upcoming shareholder vote, sparking backlash from major U.S. unions and institutional investors. Critics argue the plan concentrates power, dilutes shareholder voice and lacks performance-based transparency, with voices like the New York State Comptroller calling it “pay for unchecked power”. Musk’s supporters contend the agreement matches the company’s ambitious targets in AI, robotics and autonomous vehicles—notably areas where Tesla leads globally.
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stocks
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corporate governance
Tesla
pay-package
Oct 29, 2025 • 20:58 IST