Elon Musk fans threatened to close their accounts, and Jiaxin Wealth Management decided to vote in support of his compensation plan.
Electric car analyst Soye Merit posted that Jiaxin Wealth Management has decided to vote in support of Elon Musk's 2025 CEO compensation plan. He reposted Jiaxin Wealth Management's statement, saying, "Jiaxin Wealth Management asset management company intends to vote in support of the 2025 CEO performance award proposal. We firmly believe that supporting this proposal is in the best interest of management and shareholders." Musk responded, "That's great." Earlier, there were reports that Jiaxin Wealth Management still planned to vote against Musk's compensation plan at this year's shareholder meeting, causing strong backlash from Musk fans who threatened to transfer their accounts from Jiaxin Wealth Management to other brokers.
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