Tesla Shareholders Approve Elon Musk's Pay Package
Tesla shareholders have overwhelmingly approved a historic compensation plan for CEO Elon Musk. This approval could make Musk the world's first trillionaire.
Ambitious Vision for Tesla's Future
The pay package underlines Musk's bold plan to transform Tesla into a leader in artificial intelligence and robotics. Despite this milestone, Tesla's stock price experienced a slight decline on the day of the approval.
"This endorsement supports Musk's ambitious vision for Tesla's transformation into an AI and robotics leader."
Market Reaction and Outlook
- Stock price dipped slightly following the approval.
- Investors appear confident in Musk’s long-term goals.
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The Economic Times — 2025-11-07
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