Can shareholders influence Elon Musk's trillion dollar pay package?

Tesla’s board of directors recently proposed  a pay package for CEO Elon Musk that could pay him about a trillion dollars if he meets certain goals. It’s not a done deal yet—Tesla shareholders will vote on the proposal at the company’s annual meeting in November. But just how much of a say do shareholders actually have in that decision? Or any decision?Today on the show, we look at what it takes for a shareholder to get their voice heard and how this may be changing under the Trump administration. Plus we talk to one Tesla investor agitating for changes at the company.Related episodes: An epic proxy battle comes to Hasbro Elon Musk and the fear of the activist investor Impact investing, part 1: Money, meet morals Impact investing, part 2: Can money meet morals?For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy