Tesla shareholders have approved a historic $1 trillion pay package for CEO Elon Musk , marking the largest compensation deal ever recorded. The decision, announced Thursday (November 6), received support from over 75% of shareholders, as stated by Tesla's general counsel, Brandon Ehrhart , during the company's annual meeting.

The p ackage, which spans 10 years, is contingent on Tesla achieving several ambitious milestones , including selling 1 million humanoid robots and reaching a market capitalization of $8.5 trillion. Musk, who is already the world's wealthiest individual with a net worth of approximately $473 billion, could become the first trillionaire if these targets are met. The compensation is structured in 12 tranches, with the first being awarded if Tesla hits a $2 t

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