this post was submitted on 04 Nov 2025
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From what I have read, he's still likely to be able to line up enough votes to get his $1 trillion pay package (and the associated voting rights), despite a lot of major institutional investors being in opposition. But we'll see when the vote goes though.
I think that Tesla can probably get a more-effective CEO for less money, personally. Even if he leaves as CEO, he still owns 15% of Tesla and is fabulously wealthy as a result. I don't feel like he's getting a bad deal.
I do think that there are some arguments that the SEC should pass some regulation to help ensure board-CEO independence; part of the issue is that the board, which is supposed to oversee Musk, has been considered to be acting on his behalf by quite a few people. I don't think that it will happen under the present administration, though.
He wants the bragging rights. It's just a game at these numbers
1 Trillion % this.
Slime mould would be a better CEO.
Slime mould is pretty cool in general!
Effective yes, but uh what's the wording image-that-props-up-crazy-valuation no.
Musk takes $0 pay as CEO other than these post-performance-goal-hit pay packets though. Good luck finding another CEO who will work for free for 5+ years.
I'll happily do it for $1 million a year and do a hell of a lot better than musk. Considering the difference between $1 trillion and $1 million is pretty much $1 trillion I'm basically working for free.
He’s not getting paid a trillion a year - he’s getting paid $0. They pay you $1mil a year and go nowhere good. They pay him nothing and if they hit goals people say are impossible he gets a trillion.