Tesla Shareholders Approve Elon Musk's Historic $1 Trillion Compensation Package

According to Reuters, Tesla shareholders have approved a massive compensation plan for Elon Musk, valued at $1 trillion. The plan is directly linked to the company's most ambitious goals, which include raising its market capitalization to $8.5 trillion, producing 20 million electric vehicles annually, and launching 1 million autonomous taxis.

The Tesla board has stated that such compensation is crucial to keep Musk at the helm of the company and to continue his strategy for developing artificial intelligence and robotics. Despite some investor criticism claiming that the compensation is excessively large and disproportionate, the majority believe that under Musk's leadership, Tesla will continue to maintain its leading position in the electric vehicle market and in new technology sectors.