TSLA: Tesla Stock Rises as Musk Can Start Chasing $1 Trillion Package — The Vote Passed

And it’s on. As much as 75% of Tesla shareholders voted in favor of Musk’s grand reward. But it's a long way.

🚗 Shareholders Say Yes (Loudly)

• Tesla stock TSLA rose more than 2% in premarket trading Friday after shareholders voted 75% in favor of CEO Elon Musk’s massive $1 trillion compensation plan during the company’s annual meeting Thursday.
• The approval marks one of the most consequential votes in Tesla’s history and signals continued investor faith in Musk’s leadership, even amid controversy.
• Tesla’s board argued that the package — dubbed Proposal 4 — was critical to “retain and motivate” Musk to deliver on Tesla’s long-term goals.

💰 What It Takes to Earn $1 Trillion

• To unlock the full award, Musk and Tesla must hit multiple, ambitious milestones over the next decade.
• Among them: Raise Tesla’s market cap to $8.5 trillion (up from $1.4 trillion today); deploy one million robotaxis into commercial operation; deliver one million Optimus humanoid robots.
• The structure of the plan ties Musk’s compensation entirely to performance, meaning he gets paid only if Tesla’s market value and product goals are achieved.

🤖 Musk’s Vision: Robots and Prosperity

• After the vote, Musk thanked shareholders for their “heartfelt support” and shifted focus to Tesla’s grand ambitions.
• He highlighted the company’s Optimus robot program, saying that AI-trained humanoids could “unlock prosperity by lowering costs and making more goods accessible to everyone.”
• Musk emphasized that Tesla’s future isn’t just electric. Rather, it’s automated, AI-powered, and scalable.