Elon Musk gave a tricky response to a former Tesla worker who spoke out on X concerning the construction of the CEO’s pay package deal, arguing that it’s an overpayment and wouldn’t generate sufficient shareholder worth.
Certainly, the most important concern on the invoice at this 12 months’s Tesla Shareholder Assembly in November is that of the pay package deal that was proposed to CEO Elon Musk.
Because the Shareholder Assembly approachesTesla is urging these traders to vote in assist of Musk’s pay package deal. To date, the neighborhood has been overwhelmingly supportive of giving Musk his large payday, which may give him $1 trillion in extra holdings if he completes every of the outlined efficiency tranches.
Nonetheless, there are a handful of institutional and particular person shareholders who’ve pushed again in opposition to the package deal, both due to its worth or as a result of they really feel it doesn’t profit shareholders sufficient.
Final week, we reported that Institutional Shareholder Providers (ISS) suggested voting in opposition to Tesla’s pay package deal for Musk. The agency mentioned the payday would give Musk”terribly excessive pay alternatives over the subsequent ten years,” and it might “cut back the board’s means to meaningfully modify future pay ranges.”
Tesla CEO Elon Musk’s $1 trillion pay package deal hits first adversity from proxy agency
Moreover, it known as the worth of the pay package deal “astronomical.”
On Saturday, a former Tesla worker mentioned on X that Tesla’s proposed pay package deal for Musk would “barely beat inflation and it might underperform the S&P 500 significantly.” Moreover, he mentioned:
“Sorry, Tesla, a few of us (and supposedly, ISS too) merely don’t suppose that underperforming the S&P 500 this a lot is value paying any person 20 billion {dollars} value of firm worth.
As a fan, I really like Tesla, I need it to succeed. As a shareholder, I don’t need Tesla to over-pay for its CEO I strongly imagine that the 2025 pay package deal proposal would over-pay for its CEO, and that different competent CEOs may develop Tesla simply as a lot with method much less political drama and price traders a lot much less that this proposal.”
Musk responded bluntly:
“Tesla is value greater than all different automotive corporations mixed. Which of these CEOs would you wish to run Tesla? It received’t be me.”
Tesla is value greater than all different automotive corporations mixed. Which of these CEOs would you wish to run Tesla?
It received’t be me.
— Elon Musk (@elonmusk) October 19, 2025
It appears the fear about Musk’s potential involvement in politics nonetheless looms to many, based mostly on the responses to Musk’s publish, which regularly point out that as a draw back of his final 12 months as Tesla CEO. Nonetheless, Tesla’s Board confronted that instantly.
In its proxy submitting after saying the pay package deal, Tesla mentioned that it had three commitments, considered one of which was that the corporate would “obtain assurances that Musk’s involvement with the political sphere would wind down in a well timed method.”
Tesla Board takes agency stance on Elon Musk’s political involvement in pay package deal proxy
Musk’s earlier pay package deal was authorised by shareholders twice, nevertheless it by no means made it to the CEO due to a lawsuit with the Delaware Chancery Courtroom introduced forth by a small-time shareholder.
The response from Musk does appear to point out that if this time isn’t any completely different, he’ll inevitably step down as CEO within the coming years.
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