Will Tesla Shareholders Approve Elon Musk's Compensation Package? Here's What Prediction Markets Show

A decision on Tesla Inc. (TSLA) CEO Elon Musk’s $1 trillion compensation package will be made during the company’s annual shareholder meeting on Thursday afternoon. Prediction markets are abuzz with activity ahead of the announcement.

Data from popular prediction markets Kalshi and Polymarket show that the bets on the two platforms are now worth over $1.1 million. While Kalshi volumes show bets worth more than $972,000, Polymarket bets had reached a total of over $184,000 at the time of writing.

What Are Prediction Markets Saying?

Data from Kalshi indicates a 92% probability of Musk’s compensation package being approved. Participants on Polymarket were even more optimistic, with data indicating a 96% probability of approval at the time of writing.

The results of the shareholder vote on Musk’s compensation package will be announced on Thursday afternoon.

Tesla shares were down 0.13% in Thursday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.

Get updates to this story developing directly on Stocktwits.

Also See: Cathie Wood Says Tesla CEO Elon Musk Deserves His Compensation Package Ahead Of Shareholder Vote: Report

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