""What we are about to embark upon is not merely a new chapter of Tesla's future, but a whole new book," Musk told cheering shareholders, flanked by the company's dancing robots. "This really is going to be quite the story.""
""Elon is integral to Tesla's mission," she said. "This compensation plan ensures he remains fully invested in delivering our next phase of growth.""
""Elon, Elon""
Tesla shareholders approved a record $1 trillion pay package for Elon Musk with more than 75% of votes in favor. The package could raise Musk's stake in Tesla to 25% or more over the next decade and ties compensation to ambitious targets: growing market value from $1.5 trillion to $8.5 trillion by 2035, delivering 20 million vehicles annually, deploying one million robotaxis, selling one million humanoid robots, and generating up to $400 billion in annual operating profit within ten years. Major investors including Norway's sovereign wealth fund opposed the payout as excessive.
Read at Business Matters
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