Denholm said the $1 trillion package is designed to retain and motivate Musk for at least another seven years.

In a Tesla earnings call Wednesday, the world’s richest man pondered the future of his company’s Optimus robots—and his control over them.

Elon Musk says he needs to build his stake in Tesla so much that he could become the world’s first trillionaire. But this week he said his aim wasn’t to increase his planet-leading wealth. Instead, Musk said the biggest pay package in history was necessary to protect his company.

Elon Musk and SpaceX are commemorating a major milestone in the commercial spaceflight company's satellite internet service, known as Starlink.

Tesla Chair Robyn Denholm has warned that Elon Musk could walk away from the company if shareholders vote against his proposed $1 trillion performance-based pay package, calling the plan vital to retaining his leadership,

Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona.

It's not the first time Tesla has pushed for a massive pay package for its CEO, but there are several differences between 2018 and 2025.

Although the photo appears to show Ocasio-Cortez and Mamdani waving to the audience, some of President Donald Trump’s supporters and allies seized on the image — with many comparing the congresswoman’s stance to past backlash against tech billionaire Elon Musk.