Tesla CEO Elon Musk scored a resounding victory on Thursday, Nov. 6 as shareholders approved a pay package of as much as $878 billion over the next decade, endorsing his vision of morphing the EV maker into an AI and robotics juggernaut.

Shares of Tesla rose about 1% in after-hours trading. The proposal was approved with over 75% support.

Musk took to the stage in Austin, Texas, along with dancing robots. "What we are about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book," he said. "This really is going to be quite the story."

He added: "Other shareholder meetings are like snoozefests, but ours are bangers. I mean, look at this. This is sick."

Shareholders also reelected three directors on Tesla's board and voted in favor of a replacement pay pla

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