neutral
5h agoTesla shareholders approve $1 trillion CEO compensation package
Tesla shareholders approved a $1 trillion compensation plan for CEO Elon Musk, with 75% of voting shares in favor. The approval coincided with announcements of strategic investments in Musk’s AI startup, xAI. Tesla’s quarterly revenue reached $39.7 billion, an 18% increase YoY, while net income rose to $5.4 billion, up 22% from the prior year.
The company also reported strong vehicle deliveries and expansion in renewable energy initiatives, contributing to the revenue growth. Market response to the news was neutral, with shares trading slightly higher post-announcement.
CNBC• By Ayush Samantaray
Explore:Mutual Fund Tools
neutral
5h agoTesla shareholders approve $1 trillion CEO compensation package
Tesla shareholders approved a $1 trillion compensation plan for CEO Elon Musk, with 75% of voting shares in favor. The approval coincided with announcements of strategic investments in Musk’s AI startup, xAI. Tesla’s quarterly revenue reached $39.7 billion, an 18% increase YoY, while net income rose to $5.4 billion, up 22% from the prior year.
The company also reported strong vehicle deliveries and expansion in renewable energy initiatives, contributing to the revenue growth. Market response to the news was neutral, with shares trading slightly higher post-announcement.
CNBC• By Ayush Samantaray
Explore:Mutual Fund Tools
about 6 hours ago
1 min read
85 words
Tesla’s CEO compensation plan worth $1 trillion approved; quarterly revenue grew 18% YoY to $39.7 billion and net income increased 22% to $5.4 billion.
Tesla shareholders approved a $1 trillion compensation plan for CEO Elon Musk, with 75% of voting shares in favor. The approval coincided with announcements of strategic investments in Musk’s AI startup, xAI. Tesla’s quarterly revenue reached $39.7 billion, an 18% increase YoY, while net income rose to $5.4 billion, up 22% from the prior year.
The company also reported strong vehicle deliveries and expansion in renewable energy initiatives, contributing to the revenue growth. Market response to the news was neutral, with shares trading slightly higher post-announcement.
Tesla shareholders approved a $1 trillion compensation plan for CEO Elon Musk, with 75% of voting shares in favor. The approval coincided with announcements of strategic investments in Musk’s AI startup, xAI. Tesla’s quarterly revenue reached $39.7 billion, an 18% increase YoY, while net income rose to $5.4 billion, up 22% from the prior year.
The company also reported strong vehicle deliveries and expansion in renewable energy initiatives, contributing to the revenue growth. Market response to the news was neutral, with shares trading slightly higher post-announcement.
Companies:
Tesla
Tags:
stocks
tesla
stocks
tesla
elon musk
AI
xAI
Nov 8, 2025 • 06:33 IST