TESLA News Today, Nov 7: Shareholders Approve Elon Musk’s $1 Trillion Pay Package in Historic Vote

Introduction

Today, we’re diving into the dramatic vote at Tesla, Inc. (TSLA) where shareholders approved what may become the most ambitious executive compensation package in corporate history. The decision centres on the Elon Musk pay plan, tying his future reward to hefty milestones involving vehicles, robot-taxis and AI. This matters for TESLA and the EV/tech sector because investor confidence just got a visible stamp. For investors tracking TESLA, the approval signals that the board and shareholders believe Musk remains central to the firm’s strategy. The trends behind the vote, what it means for TESLA specifically, and the sentiment rippling across the market.