Elon Musk Dances After Tesla Shareholders Approve $1 Trillion Pay Package | Firstpost Live | N18G
Elon Musk Dances After Tesla Shareholders Approve $1 Trillion Pay Package | Firstpost Live | N18GTesla shareholders have approved a record-breaking $1-trillion pay package for Elon Musk, securing his future at the company and potentially making him the world’s first trillionaire. The deal awards Musk up to 423 million shares over the next decade if Tesla’s market value hits $8.5 trillion, a target nearly six times its current worth. Despite Tesla’s recent struggles with declining sales and fierce competition, Musk remains confident, unveiling plans for the Cyber Cab, a fully autonomous robotaxi. The historic payout boosts his control of Tesla, but his massive payday hinges on an ambitious vision yet to be realised.
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