Tesla Shareholders Approve Elon Musk's Record Pay Package
Tesla shareholders have overwhelmingly approved a historic compensation plan for CEO Elon Musk. This approval positions Musk to potentially become the world's first trillionaire.
Musk’s Ambitious Vision for Tesla
The pay package reflects strong support for Musk's plan to transform Tesla into a leader in artificial intelligence and robotics over the next decade.
Stock Market Reaction
Despite the approval, Tesla’s stock experienced a slight decline on the day the pay plan was confirmed.
“The package approval can make Musk the world's first trillionaire.”
Additional Information
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Author’s summary: Tesla’s CEO Elon Musk earned shareholder backing for a pay plan fueling his goal to lead Tesla’s AI and robotics revolution, with stock dipping slightly on announcement day.