🚀 Tesla Shareholders Back Musk's Record Pay Plan

• Tesla shareholders approved CEO Elon Musk's historical corporate pay package with over 75% support, a move the board said was crucial for retaining him. • The proposal could award Musk up to US$ 1 Trillion in stock over the next decade, with a potential net value of US$ 878 Billion. • The approval endorses Musk's vision to transform the EV maker into an AI and robotics powerhouse. The pay is tied to ambitious 10-year milestones, including boosting Tesla's stock valuation from US$ 1.5 Tn up to US$ 8.5 Tn. • Key operational goals for Musk include delivering 20 Million vehicles, operating 1 Million robotaxis, selling 1 Million humanoid robots, and achieving US$ 400 Billion in core profit. • Separately, shareholders also voted in favor of Tesla investing in Musk's artificial intelligence startup, xAI, despite some investor abstentions.