Tesla CEO Elon Musk won shareholder approval for the largest corporate pay package in history, with more than 75% of investors supporting the proposal at the company’s annual meeting in Austin, Texas.

This deal sets up Elon Musk to become the world’s first trillionaire, according to a report by the Washington Post . The package could grant Elon Musk, already the richest person in the world, up to USD 1 trillion in stock over the next decade, though required payments would reduce the value to USD 878 billion. The approval comes as Tesla seeks to transform itself into an artificial intelligence and robotics company, expanding beyond electric vehicles.

At the meeting, Elon Musk said Tesla would begin production of its steering-less, two-seater robotaxi, named Cybercab, in April, and unve

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