Tesla shareholders have made history by approving a compensation package for Elon Musk valued at $1 trillion, potentially making him the world’s first trillionaire. This staggering amount exceeds the GDP of countries such as the Netherlands, Saudi Arabia, and Switzerland.
On November 6, more than 75% of Tesla shareholders voted in favor of this unprecedented pay plan, marking the largest corporate payout ever approved.
This $1 trillion deal sets Elon Musk on a path to unmatched wealth and influence. It raises questions about what such a vast sum could enable him to achieve or acquire.
During the meeting in Austin, shareholders enthusiastically supported the pay package amid chants of “Elon, Elon.” Musk reacted to the vote with gratitude and energy.
“I’d like to just give a heartfelt thanks to everyone who supported the shareholder votes. I super-appreciate it.”
Dancing alongside the company’s Optimus robots, Musk added, “What we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book. Other shareholder meetings are snoozefests but ours are bangers. This is sick.”
Elon Musk’s $1 trillion pay approval marks a historical milestone with vast possibilities for his future endeavors.