Elon Musk Podcast Tesla awards Musk $29 billion pay package
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Aug 5, 2025 Tesla shareholders have given the green light to Elon Musk’s staggering $29 billion pay package, raising eyebrows about executive control and governance. The approval brings to light mixed reactions from stakeholders regarding Musk’s significant influence. Amidst this, there are concerns about how his divided focus across multiple ventures could impact Tesla's progress in AI and autonomous driving, making his massive compensation an intriguing point of discussion.
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Tesla's $29B Musk Pay Package
- Tesla approved a $29 billion stock grant to Elon Musk despite an earlier court ruling voiding it.
- The package links to ambitious performance goals like market valuation and revenue targets.
Musk's Growing Tesla Control
- Exercising stock options would give Musk around a 20% Tesla stake, boosting control.
- Musk already owns 13%, showing strong influence despite stock sales for Twitter purchase.
Investor Concerns on Governance
- Some institutional investors like Norges Bank oppose Musk's pay deal for governance concerns.
- Critics warn the plan gives Musk too much unchecked authority over Tesla.