Tesla shareholders approved a pay package that could hand Elon Musk $1 trillion in stock if he meets tough targets, positioning him to become the first trillionaire. More than 75% voted yes at the Austin annual meeting, despite opposition from major funds and watchdogs. The plan demands dramatic milestones, including sharply boosting Tesla’s market value, delivering 20 million vehicles over a decade, and deploying a “robot army.” Supporters say Musk is vital to an AI-driven future; critics call the award excessive. Shares briefly rose after hours before finishing flat around $445.44.

Prepared by Christopher Adams and reviewed by editorial team.