Jim Cramer Backs #Elon Musk’s $1 Trillion Tesla Pay Package Ahead of Shareholder Vote
CNBC’s Jim Cramer publicly supported Elon Musk’s $1 trillion Tesla compensation plan, urging shareholders to approve it in the upcoming November 6, 2025 vote. Cramer argued Musk is among the few CEOs truly “worth it,” citing his leadership in AI, robotics, and self-driving technology.
Musk defended the package, saying he needs greater voting control to guide Tesla’s growing Optimus robot fleet and prevent activist shareholders from removing him. He criticized proxy advisory firms ISS and Glass Lewis, calling them “corporate terrorists” after they advised investors to vote against the plan.
Cramer compared Musk’s need for control to Mark Zuckerberg’s dual-class shares at Meta, noting Tesla lacks a similar structure. Meanwhile, Wall Street analysts maintain a Hold rating on Tesla stock, with an average price target suggesting a 14.7% downside from current levels.