
Over 75% of Tesla shareholders backed Musk’s decade-long incentive plan, linking stock rewards to advancements in autonomous vehicles and robotics.
Tesla shareholders have approved a compensation plan worth up to $1 trillion for CEO Elon Musk, with more than 75% voting in favor. The package enables Musk to earn as much as $878 billion in Tesla stock over 10 years, contingent on achieving goals tied to autonomous vehicle technology and robotics development. The decision underscores strong investor confidence in Musk’s vision and leadership in advancing high-tech innovations within Tesla.