With Tesla Inc.’s (NASDAQ: TSLA) annual shareholder meeting set for November 6, several prominent investors and industry leaders have expressed their support for Elon Musk’s $1 trillion compensation plan. The proposal has sparked sharp divisions between its supporters and critics.
Tesla has previously urged its shareholders to back the Board’s recommendations on every proposal, including Musk’s new compensation package.
### Michael Dell Voices Support
Michael Dell, founder of Dell Technologies (NYSE: DELL), shared his endorsement on X (formerly Twitter) this past Friday. He encouraged shareholders to support Musk’s compensation plan, highlighting that the award is contingent on achieving ambitious market-cap and operational milestones.
Dell wrote:
“If he falls short, he gets nothing. If he succeeds, shareholders will win big through unprecedented value creation. Vote FOR @elonmusk.”
He emphasized that the award will only be granted if Musk meets exceptionally ambitious goals, ensuring alignment between Musk’s incentives and shareholder interests.
### Cathie Wood Praises Elon Musk
Cathie Wood, CEO of Ark Invest, also lent her support to Musk’s CEO Performance Award. Wood described Musk as “the most productive human being on earth,” praising his unique ability to attract top talent dedicated to solving the world’s toughest problems.
Her positive remarks reinforce the confidence some influential investors have in Musk’s leadership and vision for Tesla’s future.
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