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    Home > Finance > Tesla chair thanks investors for approving Musk's $878 billion pay package
    Finance

    Tesla chair thanks investors for approving Musk's $878 billion pay package

    Published by Global Banking & Finance Review®

    Posted on November 10, 2025

    1 min read

    Last updated: January 21, 2026

    Tesla chair thanks investors for approving Musk's $878 billion pay package - Finance news and analysis from Global Banking & Finance Review
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    Tags:Compensationcorporate governanceinvestmentfinancial managementleadership

    Quick Summary

    Tesla shareholders approve Musk's $878 billion pay package, showing confidence in his leadership and future growth strategy.

    Table of Contents

    • Tesla's Shareholder Approval of Musk's Pay Package
    • Significance of the Approval
    • Future Growth and Strategic Focus
    • Investor Confidence in Leadership
    • Concerns Over Diversion to Other Ventures

    Tesla Chair Applauds Shareholders for Backing Musk's $878 Billion Pay Deal

    Tesla's Shareholder Approval of Musk's Pay Package

    (Reuters) -Tesla board chair Robyn Denholm thanked the electric-vehicle maker's shareholders on Monday for approving CEO Elon Musk's $878 billion pay package.

    Significance of the Approval

    The approval marks one of the largest compensation votes in corporate history and underscores investor willingness to bet on Musk's leadership as Tesla pursues its next phase of growth.

    Future Growth and Strategic Focus

    On Thursday, with 1.94 billion votes, the proposal cleared with over 75% support, reinforcing Musk's strategy to transition Tesla into an AI and robotics company.

    Investor Confidence in Leadership

    Shareholders backed the long-term plan despite opposition from proxy firms, signaling confidence in Tesla's robotaxi and humanoid business ambitions.

    Concerns Over Diversion to Other Ventures

    Analysts said the win also quells concerns that Musk might shift his focus away from Tesla toward his other ventures.

    The package is structured so Musk gains only from value created after the board's approval date, ensuring the award rewards future growth.

    (Reporting by Akash Sriram in Bengaluru; Editing by Alan Barona)

    Key Takeaways

    • •Tesla shareholders approve Musk's $878 billion pay package.
    • •The approval is one of the largest compensation votes in history.
    • •Investors show confidence in Tesla's AI and robotics strategy.
    • •The package ensures Musk benefits from future value creation.
    • •Analysts believe this quells concerns about Musk's focus shift.

    Frequently Asked Questions about Tesla chair thanks investors for approving Musk's $878 billion pay package

    1What is corporate governance?

    Corporate governance refers to the systems and processes that direct and control a company. It encompasses the relationships among stakeholders, including shareholders, management, and the board of directors.

    2What is investment?

    Investment is the allocation of resources, usually money, in order to generate income or profit. It can take various forms, including stocks, bonds, real estate, and business ventures.

    3What is long-term growth strategy?

    A long-term growth strategy is a plan that outlines how a company intends to achieve sustainable growth over an extended period. It often includes investments in innovation, market expansion, and operational efficiency.

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