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With $1 trillion pay package on the line, Elon Musk blasts influential firms telling shareholders to reject it: ‘Those guys are corporate terrorists’
Yahoo Finance· 2025-10-23 18:18
Elon Musk stole the show in the final minutes of Tesla’s Wednesday earnings call to label the advisory firms pushing shareholders to reject his $1 trillion pay package “corporate terrorists.” After months of being relatively quiet following his resignation from the Department of Government Efficiency and subsequent fallout with President Donald Trump, Musk slammed proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis. “I just don’t feel comfortable building a robot army here and t ...
Musk's record Tesla package will pay him tens of billions even if he misses most goals
Reuters· 2025-10-09 10:04
Core Insights - Tesla's board of directors approved the largest executive pay package in corporate history for Elon Musk, which is designed to align his compensation with ambitious performance targets [1] Group 1: Executive Compensation - The pay package is structured to incentivize Musk to achieve significant milestones, referred to as "Mars-shot milestones," which are expected to drive long-term growth for the company [1] - This decision aims to reassure investors about Musk's commitment to Tesla's future and performance [1]