Tesla shareholders have overwhelmingly approved a historic pay package for CEO Elon Musk. This agreement could make Musk the world's first trillionaire.
The approved package supports Musk's goal to lead Tesla's transformation into a major player in artificial intelligence and robotics.
Despite the pay plan's approval, Tesla's stock price experienced a slight decline on the same day.
"This endorsement supports Musk's ambitious vision for Tesla's transformation into an AI and robotics leader."
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Author's summary: Tesla shareholders' approval of Elon Musk's pay package marks a milestone toward his trillion-dollar goal, underpinning Tesla's shift to AI and robotics leadership.