Twitter co-founder Jack Dorsey has voiced strong support for Elon Musk’s record-breaking $1 trillion Tesla pay package, calling it a move that goes beyond money. His endorsement comes just before Tesla shareholders approved the historic deal, cementing Musk’s dominance in the EV and robotics revolution.
Jack Dorsey Supports Elon Musk’s $1 Trillion Tesla Pay Deal
Twitter co-founder Jack Dorsey has come out in support of Elon Musk’s $1 trillion Tesla pay package, a compensation plan that has now been approved by Tesla shareholders. The endorsement from Dorsey arrived shortly before Tesla’s 2025 Annual General Meeting (AGM) on November 6, where the plan received an overwhelming 75% approval.
In his post on X (formerly Twitter), Dorsey clarified that his support for Musk was not about the money but about the company’s vision and leadership.
“This is not about compensation. It’s about ensuring a principled and exciting engineering approach to the company’s future,” Dorsey wrote.
Tesla’s official post, which Dorsey quoted, had urged shareholders to back the proposal, emphasizing that Tesla is at a critical inflection point and needs strong leadership to achieve its long-term goals.
Tesla Shareholders Approve Record $1 Trillion Pay Plan
During the AGM on November 6, Tesla shareholders officially approved the $1 trillion compensation package for CEO Elon Musk — the largest ever granted to a corporate executive.
The approval marked the end of a multi-week campaign by Tesla’s board, Musk, and retail investors who rallied support online.
According to Tesla, the plan aligns Musk’s compensation with the company’s growth targets, encouraging innovation across areas like autonomous vehicles, robotaxis, and Optimus humanoid robots.
The approval also positions Musk to potentially increase his Tesla ownership to 25% or more over the next decade.
Elon Musk Reacts to Dorsey
Elon Musk responded to Dorsey’s post with a simple heart emoji, signaling mutual respect between the two tech leaders.
Musk later addressed the shareholders, describing the new plan as “not just a new chapter for Tesla, but a new book.”
He outlined his vision for scaling production, stating, “We’re massively increasing vehicle output and ramping up Optimus production faster than anything in human history.”
A Strategic Move Beyond Compensation
Analysts believe Dorsey’s backing adds credibility to Musk’s leadership amid concerns about his growing influence.
By framing the deal as a strategic bet on innovation rather than wealth, Dorsey highlighted Musk’s role in pushing boundaries in AI, robotics, and clean energy.
The Tesla CEO now faces the challenge of delivering on ambitious milestones — from expanding market share to revitalizing its vehicle lineup.
If successful, Musk could become the world’s first trillionaire, redefining both corporate compensation and technological ambition.
