“Elon, Elon, Elon,” chanted the retail Tesla (TSLA) investors and board members as Musk entered the company’s 2025 Annual Shareholder Meeting for his keynote presentation.
The excitement and enthusiasm reached their peak, and the audience asked Musk for a celebration dance, to which Musk responded graciously. Musk danced for a few seconds, and his troupe of Tesla Optimus robots followed as well (video below).
This was all about Tesla CEO Elon Musk winning the vote in favor of his $1 trillion CEO Performance Award. This tiered compensation plan allows Musk to remain at the helm of the company for the foreseeable future.
Several institutional investors and government retirement fund managers voted against Elon Musk’s 2025 CEO Performance Award. However, large investors like ARK Invest (Cathie Wood), Charles Schwab Corp, and retail investors voted in favor of Musk’s trillion-dollar pay package.
The Board adopted and granted the 2025 CEO Performance Award on September 3, 2025. Although the 2025 CEO Performance Award has been granted and approved by the Board, Mr. Musk will not receive the shares underlying the award until the later to occur of (i) the termination or expiration of the waiting period (and any extension thereof) under the HSR Act and (ii) approval of the 2025 CEO Performance Award by Tesla’s shareholders.
The SEC
Tesla has set tough, almost impossible-to-achieve milestones for Elon Musk to be awarded the largest compensation in corporate history.
By leveraging Tesla’s edge in AI, self-driving cars (FSD & Robotaxi platform), and humanoid robots (Optimus), Musk needs to gradually push the company’s market value to $8.5 trillion.
$1,000,000,000,000 — that’s how many zeros are in a trillion. However, it will require an immense effort, zeal, and focus from Musk to lead the company to heights no other company or business has ever reached before.
According to the preliminary results of the Tesla investor ballot, around 75% votes were in favor of Elon Musk’s trillion-dollar pay package. The majority of investors and shareholders feel that Elon Musk is necessary for Tesla’s transition to the next phase of growth and current inflexion point.
Elon Musk puts on a dance performance alongside robots after $TSLA shareholders voted to approve his $1,000,000,000,000 pay package:
— Yahoo Finance (@YahooFinance) November 6, 2025
"What we're about to embark upon is not what we're about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book." pic.twitter.com/UIB2uzJWzd
Elon Musk and @Tesla_Optimus dance after the decisions from the Tesla shareholder meeting pic.twitter.com/SBkjZ6NSx3
— Tesla Owners Silicon Valley (@teslaownersSV) November 6, 2025
In his opening remarks, Elon Musk said:
What we’re about to embark upon is not what we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book, and I am going to talk about that.
So, this really is going to be quite the story. And, Optimus is a fundamental part of that.
The sheer scale of Optimus, I mean.I am going to say a bunch of things that probably I shouldn’t say you know, but, but that’s what keeps it interesting.
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 investors approve of CEO Elon Musk's $1 trillion pay package at the 2025 Annual Shareholder Meeting and he dances with Optimus robots (video).){kind=link}