- Prediction markets show over $1.1 million in bets on Elon Musk’s $1 trillion compensation package approval.
- Kalshi predicts a 92% chance, while Polymarket predicts a 96% chance of the package passing.
- The vote result will be announced during Tesla’s annual shareholder meeting on Thursday afternoon.
- Tesla shares saw a slight drop of 0.13% in pre-market trading.
- Retail investor sentiment remains bearish ahead of the announcement.
Tesla Inc. shareholders are set to decide on CEO Elon Musk’s $1 trillion compensation package during the company’s annual meeting this Thursday afternoon. Activity on major prediction markets has surged as participants bet on whether the high-value package will be approved.
According to data from Kalshi and Polymarket, combined bets on the outcome have exceeded $1.1 million. Kalshi users have wagered more than $972,000, while Polymarket participants have placed over $184,000. These platforms allow users to speculate on real-world events, including corporate decisions, by buying and selling contracts tied to possible outcomes.
At the time of reporting, Kalshi data indicated a 92% probability that Musk’s compensation package would be approved by shareholders. On Polymarket, the probability was even higher, standing at 96%. Full details on these probabilities are available from the Kalshi prediction market and Polymarket platforms.
The shareholder vote will determine if Musk receives the proposed compensation package, which has drawn significant attention from both market watchers and retail investors. Shares of Tesla were down 0.13% in pre-market trading on Thursday, and retail sentiment on Stocktwits was trending bearish.
The result of the vote on Musk’s pay package will be made public during Thursday’s meeting. This remains a closely watched event for both institutional and retail investors, as well as participants in online prediction markets.
For further updates on the story, follow ongoing reports on Stocktwits.
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