Tesla Shareholders Approve $1 Trillion Pay Package for Elon Musk
Tesla shareholders have made history by approving a compensation plan that could make Elon Musk the world’s first trillionaire. This staggering amount exceeds the GDP of countries such as the Netherlands, Saudi Arabia, and Switzerland.
On November 6, over 75% of Tesla shareholders agreed to a $1 trillion pay package for Musk, marking the largest corporate payout ever.
What This Means for Elon Musk
The approved plan sets Musk on a path to accumulate unprecedented wealth, potentially surpassing any individual in history.
Shareholder Meeting Highlights
At the meeting in Austin, Texas, attendees enthusiastically chanted “Elon, Elon” as the package was endorsed. Musk expressed his gratitude:
“I’d like to just give a heartfelt thanks to everyone who supported the shareholder votes. I super-appreciate it.”
He continued, dancing alongside Tesla’s Optimus robots:
“What we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book. Other shareholder meetings are snoozefests but ours are bangers. This is sick.”
Potential Uses of $1 Trillion
- Eliminating world hunger
- Purchasing 2,000 superyachts
Summary
The historic approval of Musk’s $1 trillion compensation plan positions him to reshape the future of Tesla and possibly make him the richest person ever.
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