Battle over Elon Musk's trillionaire pay package builds as pension funds face off against Tesla | Fortune
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Battle over Elon Musk's trillionaire pay package builds as pension funds face off against Tesla | Fortune
"Now, Tesla is teeing up retail holders for another vote on Nov. 6 that would set Musk on the path to becoming the world's first trillionaire by granting him up to 12% of Tesla's outstanding shares divided into 12 tranches through a restricted stock grant. The first tranche starts at $2 trillion and the final tranche is $8.5 trillion."
"Much of the playbook for 2025 is similar to 2024: a slick investor website, a bevy of posts and engagement on X about how investors can vote shares on specific brokerage platforms, and even a special video with Optimus humanoid robots explaining voting in between taking a sauna and overseeing platters of bagels and cream cheese."
"Tesla's Annual Meeting is coming up on November 6 & we need your vote!Voting is quick and easy - you can vote online, by mail, by QR code or by phone@Tesla_Optimus can show you how pic.twitter.com/OM5UwtkJWx- Tesla (@Tesla) October 6, 2025"
Tesla is approaching a November 6 shareholder vote that would grant Elon Musk up to 12% of outstanding shares in a restricted stock award split into 12 tranches. The award ties tranches to escalating company valuations, with the first tranche starting at $2 trillion and the final tranche at $8.5 trillion, implying an $8.5 trillion market cap and a stake worth more than $1 trillion if all goals are met. Tesla is actively guiding retail shareholders on how to vote using a dedicated investor website, social engagement on X, instructional videos featuring Optimus robots, and multiple voting channels including online, mail, QR code, and phone.
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