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The original was posted on /r/teslamotors by /u/twinbee on 2025-11-07 00:27:28+00:00.

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More than 75% of investors, according to preliminary results, voted in favor of a proposal to give Musk the package, which ensures that he will stay at the company for about a decade. Official results will be made public later.

“It’s called compensation, but it’s not like I’m going to go spend the money,” Musk said on the company’s October earnings call. “The point is that I just need enough voting control to give a strong influence, but not so much that I can’t be fired if I go insane.”

The plan requires Musk to raise Tesla’s market capitalization to $8.5 trillion from its current $1.5 trillion and follow through on several product goals. That includes delivering at least 1 million Optimus humanoid robots to customers and launching ride-hailing services with at least 1 million robotaxis. Both efforts are seen as key to Tesla’s future.