Tesla Shareholders Vote on Elon Musk’s $878 Billion Stock Award Plan

Tesla shareholders voted with over 75% approval to grant Elon Musk up to $878 billion in Tesla stock over the next 10 years. The award is contingent on achieving milestones linked to autonomous vehicle development and robotics, reflecting investor confidence in Musk’s technology-driven vision. This updated figure contrasts with earlier reports of a $1 trillion package and underscores a continued prioritization of AI and automation goals.

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