Workflow
Shareholder Approval
icon
Search documents
Tesla proposes new pay plan for Elon Musk that would expand his voting power
CNBC Televisionยท 2025-09-05 11:07
We have some breaking news we want to get to right now. Uh, and this is a biggie. Uh, and it's coming from Tesla.The company's board calling on shareholders to approve a new long-term incentive package. This is a compensation package for Elon Musk. And it is a remarkable and um the size of it all is uh just spectacular to even contemplate. In a proxy just filed, the company details a performance award that it says is designed to retain and motivate Musk.Much like Musk's 2018 performance award, he will only ...