Tesla shareholders have approved a potential $1 trillion compensation package for Elon Musk, contingent upon achieving a series of ambitious performance milestones, including increasing Tesla's market value to $8.5 tn, delivering millions of vehicles and launching humanoid robots and robotaxis. The package's approval suggests that investors believe in Musk's ability to redefine Tesla as a tech powerhouse, but the plan has been controversial, with critics calling it "excessive" and expressing concerns over the challenges posed by the EV and AI industries.
Picture this: your boss says, “Skip the salary. Instead, if you can make our company worth $8.5 trillion, I’ll toss you a cool trillion.” Sounds like Monopoly money, right? Well, that’s Elon Musk’s new reality. Tesla shareholders just signed off on w...
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