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International Business Times UK
International Business Times UK
Angelo dela Dingco

Tesla Achieves Record Sales as Musk Seeks $1 Trillion Pay Deal – Smart Timing or Strategic Move?

Tesla CEO Elon Musk (Credit: YouTube Screenshot / Tesla)

Electric carmaker Tesla announced record sales in Q3 2025, bouncing back after two challenging quarters. During the earnings call, Elon Musk renewed his plea for shareholders to approve his $1 trillion pay package, warning of serious consequences if they reject it. The move has sparked intense debate among investors and industry watchers about whether this is a calculated strategy to secure Musk's leadership or a risky gamble that could backfire.

Despite the revenue boost, Tesla's shares fell 0.8% to $438.97 at market close. Shareholders will vote on the proposal on 6 November. Several influential groups, including proxy adviser Institutional Shareholder Services (ISS), oppose the enormous payout. Musk has been advocating for a $1 trillion reward over the past two years, framing it as a key motivator for long-term growth.

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