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.
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.
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.
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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.