Tesla shareholders can vote until November 5 for a compensation plan for Musk, which includes 12 tranches of stock tied to financial and non-financial goals.

Tesla shareholders' online voting for Elon Musk's new compensation plan ends on November 5, and the general meeting will take place the next day. The plan, detailed in September, includes 12 tranches of stock for Musk, contingent on achieving financial targets, such as a market capitalization of $2 trillion, and non-financial goals, such as delivering 20 million Tesla vehicles. Musk could accumulate tens of billions of dollars even without meeting all the targets. Additionally, the pay package would grant him enhanced voting power in the company, which Musk has publicly requested. Opposition to this package has increased, including from Institutional Shareholder Services, which recommended a vote against it, and from labor groups accusing Musk of harming the company's image. If the package is approved, Musk's stake would increase from 13% to about 25%.