The fate of Tesla CEO Elon Musk's proposed $1 trillion pay package will be in the balance on Thursday as shareholders vote on whether to approve the historic compensation plan.

Under the pay plan, which was proposed in September, Musk would receive up to about 12% of Tesla's stock , which would be subject to restrictions and worth about $1 trillion if Tesla reaches a market capitalization of $8.5 trillion and other operational milestones over a 10-year period. Tesla's current market valuation is about $1.45 trillion, and Musk currently owns about 13% of the company's outstanding shares.

The revised compensation plan was put forward amid legal uncertainty over the $56 billion pay package he was awarded in 2018, which was voided by a Delaware judge in January 2024 and remains the

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