Cathie Wood Predicts Overwhelming Support for Musk’s Landmark Tesla Compensation Package
Investment leader Cathie Wood reportedly expects shareholders to approve Elon Musk’s unprecedented $1 trillion compensation package decisively. The proposal, facing institutional opposition, would grant Musk increased control if Tesla achieves ambitious valuation targets by 2035, according to sources.
Major Investor Backs Musk’s Compensation Plan
ARK Invest founder Cathie Wood has publicly supported Elon Musk‘s proposed $1 trillion compensation package at Tesla, predicting it will pass “decisively” despite opposition from proxy advisory firms, according to her social media statements. The prominent investor, known for her bullish stance on innovative technologies, reportedly expressed confidence that shareholder support would mirror the approval of Musk’s 2018 compensation plan.