LBCI

Tesla investors vote on an $878 billion payday for Musk - but that's not all

World News

06-11-2025 | 07:40

Share

Share

Tesla investors vote on an $878 billion payday for Musk - but that's not all

Tesla shareholders will decide on Thursday whether to pay CEO Elon Musk up to $878 billion, the richest executive pay in history by a long shot.

But the high-profile vote is only one of several proposals that could reshape the electric vehicle maker's future, from the board's power to whether Tesla should invest in Musk's artificial intelligence firm xAI.

The results of the pay vote are expected during the annual general meeting on Thursday afternoon at the company's factory in Austin, Texas.

Passage of the payday would be a vote of confidence in Musk's leadership and his vision of transforming the company into an AI and robotics juggernaut. A rejection could create turmoil.

Reuters

World News

Variety and Tech

Tesla

Elon Musk

Texas

United States

Next

UN says 2025 to be among top three warmest years on record

Angelina Jolie visits Ukraine's frontline city Kherson

Previous

Recommended For You

The 62nd Munich Security Conference: Security in an era of global redesign

News Bulletin Reports

13:00

The 62nd Munich Security Conference: Security in an era of global redesign

Putin 'prepared to use chemical weapons against own people': France

09:42

Putin 'prepared to use chemical weapons against own people': France

Relatives of political prisoners in Venezuela start hunger strike

09:40

Relatives of political prisoners in Venezuela start hunger strike

Iran protest rally in Munich grows to 200,000 people: Police

09:18

Iran protest rally in Munich grows to 200,000 people: Police

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Tests show Israeli army used banned herbicide near Blue Line — information obtained by LBCI

2026-02-04

Tests show Israeli army used banned herbicide near Blue Line — information obtained by LBCI

US launches Christmas Day strikes on IS targets in Nigeria

2025-12-26

US launches Christmas Day strikes on IS targets in Nigeria

Fairuz receives condolences for death of son Hali Rahbani—Video

2026-01-10

Fairuz receives condolences for death of son Hali Rahbani—Video

US military preparing for potentially weeks-long Iran operations: Reuters

Middle East News

07:43

US military preparing for potentially weeks-long Iran operations: Reuters

Videos

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

04:17

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

2026-02-01

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

Berri halts live broadcast amid parliament salary dispute

2026-01-29

Berri halts live broadcast amid parliament salary dispute

Fairuz receives condolences for death of son Hali Rahbani—Video

2026-01-10

Fairuz receives condolences for death of son Hali Rahbani—Video

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

2025-12-02

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

2025-12-02

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

2025-12-02

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

2025-12-02

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

2025-12-01

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

Most read

24 hours

7 days

Month

On Rafic Hariri assassination anniversary, Saad Hariri reasserts political course, signals election readiness

1

On Rafic Hariri assassination anniversary, Saad Hariri reasserts political course, signals election readiness

Saad Hariri pledges political return as supporters flood Martyrs’ Square

2

Saad Hariri pledges political return as supporters flood Martyrs’ Square

About 80,000 join Iran demonstration in Munich: Police

3

About 80,000 join Iran demonstration in Munich: Police

Lebanon’s local-currency credit rating upgraded to CCC+ with stable outlook, S&P says

4

Lebanon’s local-currency credit rating upgraded to CCC+ with stable outlook, S&P says

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

5

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

Iran protest rally in Munich grows to 200,000 people: Police

6

Iran protest rally in Munich grows to 200,000 people: Police

US Ambassador honors Rafic Hariri’s legacy at commemoration in Beirut

7

US Ambassador honors Rafic Hariri’s legacy at commemoration in Beirut

PM Salam seeks European support for Lebanese Army in meetings at Munich Security Conference

8

PM Salam seeks European support for Lebanese Army in meetings at Munich Security Conference

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More