Under Threat of "Account Cancellation" from Musk's Fans, Charles Schwab Shifts to Back His Compensation Plan
2025-11-05 / Read about 0 minute
Author:小编   

On November 5, 2025, electric - vehicle analyst Sawyer Merritt shared on a social media platform that Charles Schwab had made the decision to vote in favor of Musk's 2025 CEO compensation plan. Merritt also reposted a statement from Charles Schwab, in which the company firmly expressed its view that endorsing the plan served the best interests of both the management team and the shareholders. In response, Musk simply remarked, "That's awesome."

It's worth noting that Charles Schwab had previously cast votes against the plan during shareholder meetings in 2018 and 2024. This sudden about - face in its stance might well be a result of the threats from Musk's ardent fans, who vowed to "cancel their accounts" with the company.