Tesla shareholders approved a pay package for Elon Musk that could reach $1 trillion, potentially lifting his stake to 25 percent and revealing a sharp investor split. About 75 percent backed it; Norway’s wealth fund and several pensions voted no. The 12-part award hinges on tough milestones: a $2 trillion valuation plus goals like delivering the 20 millionth vehicle, deploying one million robotaxis, or selling one million humanoid robots, with the full payout requiring $8.5 trillion. Musk celebrated, critics flagged board leeway, and Tesla’s board stayed noncommittal on investing in xAI as Musk floated Intel talks for AI chips.

Prepared by Christopher Adams and reviewed by editorial team.