Tesla Shareholders Approve Musk’s $1 Trillion Compensation Plan

Tesla shareholders have overwhelmingly approved Elon Musk’s new compensation plan, granting him up to a staggering $1 trillion in stock as part of the company’s ambitious AI and robotics expansion. This decision, secured with 75% support from investors, signifies a commitment to Musk’s visionary leadership and his plans for Tesla’s future dominance in artificial intelligence (AI) and robotics. The approval reflects a belief that Musk is crucial to driving these innovations forward. Tesla’s stock has reacted positively to this decision, surging by 4%. While some investors voiced concerns about the size of the award, highlighting potential dilution effects, others remain optimistic, emphasizing Tesla’s dedication to its AI and robotics goals.