Source: International Business Times
Tesla shareholders have approved a record-breaking compensation plan valued at up to $1 trillion (£761 billion) for chief executive Elon Musk, positioning him to potentially become the world's first trillionaire. The deal, described as the largest corporate pay package in history, links Musk's rewards to Tesla's long-term performance rather than a fixed salary. The approval, finalised at Tesla's annual meeting in Austin, Texas, saw over 75% of shareholders vote in favour of the deal, signalling continued confidence in Musk's leadership.
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