Tesla stock crashes as Elon Musk inches closer to $1 trillion goal with pay plan approval; check Tesla's share price and Musk’s big goals over the next decade

Tesla Shareholders Approve Elon Musk's Pay Plan

Tesla shareholders have overwhelmingly approved a record-breaking compensation package for CEO Elon Musk. This approval potentially positions Musk to become the world's first trillionaire.

Musk's Vision for Tesla

The pay package supports Musk's ambitious plan to transform Tesla into a leader in artificial intelligence and robotics, signaling a long-term strategic focus for the company.

Stock Price Reaction

Despite the approval of the pay plan, Tesla's stock price experienced a slight decline on the same day.

This endorsement supports Musk's ambitious vision for Tesla's transformation into an AI and robotics leader.

Stay updated with the latest news across the US, UK, Canada, and international markets through The Economic Times.

Author's summary: Tesla shareholders’ approval of Elon Musk’s pay package underscores confidence in his bold vision to lead the company into an AI-driven future.

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The Economic Times The Economic Times — 2025-11-07