Tesla Shareholders Cast Votes With Musk’s Future on the Line

Nov. 5, 2025, 5:00 PM UTC

Tesla Inc.’s campaign to award its chief executive officer a pay package potentially worth $1 trillion is drawing to a close, and this much is certain: Elon Musk will take it personally.

Board chair Robyn Denholm said as much during an interview with Bloomberg News, offering a view based on direct conversations she’s had with the world’s richest man.

If shareholders vote against the proposal, Musk “will take it as a negative sign on his leadership,” Denholm said last week at Bloomberg’s office in New York. She warned it’s likely that Musk will leave, or not be an ...

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