More than two months ago, Tesla published its fourth “Master Plan,” a gauzy post about how the company wants to spread “sustainable abundance” via its future products. Details remain woefully absent, but that hasn't stopped Tesla from making it the central prop in its bid to convince shareholders to hand CEO Elon Musk a compensation package worth $1 trillion at the company's annual meeting on Thursday.
Tesla's stock dropped 2.6% after markets opened on Tuesday, shortly after Norway's sovereign wealth fund, which owns a 1.14% stake in the electric car maker, announced it would vote Thursday against a pay package for CEO Elon Musk that could be worth $1 trillion.
Tesla, Inc.'s 2025 CEO Performance Award turns CEO Elon Musk's vision of an AI-first, robotics-driven future into a tangible financial blueprint—arguably the boldest incentive plan in market history. By linking Musk's compensation to nearly mythical milestones—$8.5T market cap, 20M vehicles, 10M FSD users, 1M bots, and 1M robotaxis— Tesla converts market belief into measurable execution. Whether or not these targets are achievable, Tesla's plan reinforces its unique ability to monetize vision, proving that in today's market, clarity of ambition can be as valuable as cash flow.
Tesla Inc. (NASDAQ: TSLA) cannot get a break anywhere.
This is a comparison of how Tesla (TSLA) stock compares to its competitors in terms of size, valuation, growth, and margin.
Tesla wants to make Elon Musk, the world's richest person, even richer. Again.
The Norwegian Government Pension Fund Global owns a 1.14% stake in Tesla, which in June was worth around $11.7 billion. This is not the first time the fund has opposed a proposed compensation plan for Musk.
Norway's sovereign-wealth fund is the first major institutional investor to disclose how it voted on the chief executive's pay package.
Norway's sovereign wealth fund, the world's largest, said on Tuesday it would vote against ratifying Tesla CEO Elon Musk's proposed compensation package, containing shares worth up to $1 trillion, at an annual general meeting this week.
Tesla has been sued over a fiery Wisconsin crash that killed all five occupants of a Model S, who were allegedly trapped inside because of a design flaw that prevented them from opening the sedan's doors.
Tesla Inc (NASDAQ:TSLA) is expected to receive strong backing from shareholders for CEO Elon Musk's proposed $1 trillion compensation plan at the company's annual meeting this Thursday, according to Wedbush analysts. The firm reiterated its ‘Outperform' rating and $600 price target, implying upside from its current share price of about $470, forecasting that the vote will pass easily.
Tesla (TSLA) shareholders will be voting on Tesla CEO Elon Musk's $1 trillion pay package ahead of the company's annual shareholder meeting on Thursday, Nov. 6. Sevens Report Research founder Tom Essaye tells Yahoo Finance that shareholders should "write the check" and let Musk "do his thing."