Elon Musk's $1 Trillion Pay Package Approved by Tesla Shareholders¡

By Michael Ehindero
Elon Musk is on his way to becoming the world's first trillionaire &


 

could secure a record $1 trillion (£761bn) pay package, the largest in corporate history after 75% of Tesla shareholders approved a new performance-based plan.

To earn it, Musk must lead Tesla to produce 20 million vehicles and one million AI-powered robots over the next decade, while also boosting profits and naming a successor.

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If all targets are met, his ownership could rise from 13% to nearly 29%.

Musk, 54, already tops Forbes’ rich list with $493bn (£375bn) still short of history’s richest man, John D. Rockefeller, whose wealth in today’s terms was $630bn (£480bn).



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